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

Hyphens Pharma Subsidiary Obtains E-Pharmacy License for WellAway Pharmacy

Hyphens Pharma Subsidiary Obtains E-Pharmacy License for WellAway Pharmacy

Hyphens Pharma International, Singapore’s leading specialty pharmaceutical and consumer healthcare group, announced in January 2021 that its subsidiary, Pan-Malayan ...
Thailand to Develop Green Energy Technologies at the New EGCO Rayong Industrial Estate

Thailand to Develop Green Energy Technologies at the New EGCO Rayong Industrial Estate

Electricity Generating Plc (EGCO), a subsidiary of the state-run Electricity Generating Authority of Thailand, recently signed an agreement with the state-run Industrial ...
Indonesia to Scale Up Battery Manufacturing for Electric Vehicles

Indonesia to Scale Up Battery Manufacturing for Electric Vehicles

In October 2020, several state-owned Indonesian companies formed a joint venture for batteries for electric vehicles (EV). The new joint venture, called Indonesia Battery ...
CP Vietnam Inaugurates South East Asia’s Largest Poultry Complex

CP Vietnam Inaugurates South East Asia’s Largest Poultry Complex

CPV Food Co. Ltd., a member of CP Vietnam Livestock Joint Stock Company, recently held the inauguration ceremony of CPV Poultry Complex in Binh Phuoc Province. This is the ...
State Railway of Thailand (SRT) to Open Bidding for Two Railway Projects

State Railway of Thailand (SRT) to Open Bidding for Two Railway Projects

The State Railway of Thailand (SRT) will start the bidding process for two new dual-track railway projects in February 2021. The first route will be linking the Den Chai ...
Daiwa Builds USD 40 Million Sports Equipment Factory in Da Nang City

Daiwa Builds USD 40 Million Sports Equipment Factory in Da Nang City

Japanese sporting goods company Daiwa Vietnam recently commenced the construction of its third plant in Vietnam. Worth USD 40 million and located in Hoa Khanh Industrial ...
DuPont’s New Manufacturing Facility in Singapore

DuPont’s New Manufacturing Facility in Singapore

DuPont Nutrition & Biosciences has announced the mechanical completion of its new Flexiblend facility in Singapore. The new plant will leverage DuPont’s advanced ...
Vietnam’s Provinces Call for the Development of 5G

Vietnam’s Provinces Call for the Development of 5G

The provinces of Phu Tho and Binh Phuoc recently proposed to the Ministry of Information and Communications to develop 5G in their areas. The Vietnam Telecommunications ...

Nokia and Ericsson Selected for 5G Deployment in Thailand

Thai mobile operator DTAC has selected Nokia as its first 5G radio access network (RAN) partner in a three-year deal covering the north and northeastern regions of Thailand. ...
Indonesia’s E-Commerce Sector Number One in South East Asia

Indonesia’s E-Commerce Sector Number One in South East Asia

According to research undertaken by Bank DBS Indonesia, the country has the highest rate of e-commerce in South East Asia. Since 2019, 90% of internet users in Indonesia have ...
PUB Awards Contract for Industrial Water Treatment Modules

PUB Awards Contract for Industrial Water Treatment Modules

In late December 2020, the Public Utilities Board (PUB) announced that it would award a SGD 237 million (USD 180 million) contract to the China State Construction Engineering ...
UK – Singapore Free Trade Agreement Comes into Force

UK – Singapore Free Trade Agreement Comes into Force

A new trade agreement between Singapore and the United Kingdom, the United Kingdom – Singapore Free Trade Agreement (UKSFTA), has officially come into force as of 1 Jan 2021, ...

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