ASEAN BUSINESS NEWS

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

Rapak Opens Packaging Facility in Thailand

DS Smith Rapak Thailand, an arm of UK listed  DS Smith Plastics, has opened a new facility in Chachoengsao, a province in south-central Thailand, east of Bangkok. The new ...
US Government Announces PHP 42 Million in Grants to Address Marine Plastic Pollution

US Government Announces PHP 42 Million in Grants to Address Marine Plastic Pollution

The US government, through the US Agency for International Development (USAID)’s Clean Cities, Blue Ocean (CCBO) program, has awarded grants worth nearly PHP 42 million (USD ...

Japan’s MOS Burger Coming to Vietnam in 2021

Japan’s second-largest fast food franchise, MOS Burger, will open its first store in Ho Chi Minh City later in 2021. The company plans to set up a joint venture in the ...
Major Beer Maker, ThaiBev, Revives Plan for Blockbuster Singapore IPO

Major Beer Maker, ThaiBev, Revives Plan for Blockbuster Singapore IPO

Thai beer and liquor giant, Thai Beverage (ThaiBev), plans to spin off and list its regional brewery unit, BeerCo, on the Singapore Exchange (SGX) mainboard. In a regulatory ...
Philippine Government Approves More Pork Imports

Philippine Government Approves More Pork Imports

In light of the ongoing African Swine Fever (ASF) outbreak in the Philippines that has dramatically diminished the supply of pork for the domestic market, Philippine ...
US-based Tyson Foods Buys 49% Stake of MFM’s Poultry Business for MYR 420 million

US-based Tyson Foods Buys 49% Stake of MFM’s Poultry Business for MYR 420 million

US company Tyson Foods, Inc. has announced that it will acquire a 49% stake in the poultry segment of Malaysian food manufacturing company, Malayan Flour Mills Bhd (MFM). The ...
Trade Agency Encourages US Firms to Invest in Electronics Manufacturing in the Philippines

Trade Agency Encourages US Firms to Invest in Electronics Manufacturing in the Philippines

During an electronics manufacturing services (EMS) webinar organized by the Philippine Trade and Investment Center, the Department of Trade and Industry (DTI) Secretary Ramon ...
San Miguel Gets 50-Year Franchise for Airport City Project in Bulacan as Bill Lapses into Law

San Miguel Gets 50-Year Franchise for Airport City Project in Bulacan as Bill Lapses into Law

San Miguel Corporation’s (SMC) subsidiary, San Miguel Aerocity Inc (SMAI), was granted a 50-year franchise to build, operate and maintain a domestic and international airport ...
Nestlé Investing USD 150 Million to Expand Production in Thailand

Nestlé Investing USD 150 Million to Expand Production in Thailand

To serve the rising demands and penetrate the e-commerce market, Nestlé has announced its investment strategy for long-term growth, investing over THB 4.5 billion (USD 150 ...
Malaysia’s FGV Dairy Farm Increases Daily Fresh Milk Production to 30,000 Liters with New Factory

Malaysia’s FGV Dairy Farm Increases Daily Fresh Milk Production to 30,000 Liters with New Factory

FGV Dairy Farm Sdn Bhd, a subsidiary of plantation conglomerate FGV Holdings, is expanding its milk production capacity through an integrated dairy farm and an increase in ...
Roche and Bayer Countering Non Communicable Diseases in Vietnam

Roche and Bayer Countering Non Communicable Diseases in Vietnam

The Vietnam Medical Association (VMA) and biotech company Roche Vietnam recently signed a strategic partnership aiming to increase the rate of early breast cancer detection ...
Indonesian Conglomerate Lippo Bets on Telehealth for Growth

Indonesian Conglomerate Lippo Bets on Telehealth for Growth

Indonesian Conglomerate Lippo Group has announced its plans for an overhaul of its mHealth service as a key engine of growth for 2021. Lippo Group is the owner of Siloam ...

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