Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia
Monthly Business News to Help You Understand the Market
Saudi ACWA Power Advances Renewable Ammonia Project in Indonesia
Saudi-listed energy company ACWA Power announced that its renewable ammonia project in Indonesia is expected to begin commercial operations this year. The project, known as ...
Australia’s CIMIC Secures an Energy Infrastructure Project in Indonesia
Leighton Asia, a company of Australian-based CIMIC Group, has been awarded a contract by PT JGC Indonesia to carry out civil and mechanical works for BP Indonesia’s Tangguh ...
Indonesia Maintains Growth Outlook Amid Global Uncertainty
Indonesia’s economy is estimated to have grown by 5.2% in 2025, in line with the government’s target, Finance Minister Purbaya Yudhi Sadewa said at a meeting of the Financial ...
Indonesia Receives First Rafale Fighter Jets from France
Indonesia has received three Rafale fighter jets from France as the first delivery under a USD 8 billion defense agreement signed in 2022 and expanded last year. A ...
Indonesia Expands Free Meal Program with Major Dairy Investment
Indonesia’s Free Nutritious Meals program has received support from a private dairy company through an investment of USD 67 million, according to Industry Minister Agus ...
Vietnam Opens Market to Irish Beef Imports
Vietnam has officially opened its market to beef imports from Ireland, marking a significant step forward in bilateral agri-food trade. The announcement was made by Martin ...
Private Conglomerates Accelerate Investments, Reshaping Vietnam’s Aviation Landscape
Vietnam’s aviation market is entering a new phase of competition as major private conglomerates accelerate investments in airports and launch new airlines, reshaping an ...
Vietnam and EU Elevate Relations to Comprehensive Strategic Partnership
Vietnam and the European Union have upgraded their relationship to a comprehensive strategic partnership, the highest diplomatic tier in Vietnam’s foreign policy framework, ...
GE Vernova Launches Vietnam’s First 9HA LNG-Fueled Power Plant
GE Vernova has announced the commercial operation of PetroVietnam Power Corporation’s Nhon Trach 3 and 4 Power Plant, marking the first HA-class gas turbine project in ...
Hanoi to Enforce Mandatory Waste Sorting and Empower Collectors to Reject Unsorted Trash
Hanoi will require households to sort their waste into three categories starting January 8 under new regulations that allow collection companies to refuse improperly ...
Vietnam Emerges as Regional Hub for AI Investment and Talent
Vietnam is rapidly positioning itself as a prime destination for artificial intelligence investment, attracting growing global interest across infrastructure, platforms, and ...
Bel Group Doubles Production Capacity in Vietnam, Establishing Strategic Hub for Asia
Bel Group has announced a EUR 16.7 million investment to expand its Vietnam production site, doubling annual capacity to 20,000 tons of Kiri and The Laughing Cow. The move ...
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