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

Thai Food Conglomerate CP Group Focuses on Sustainable Corn Sourcing

Thai Food Conglomerate CP Group Focuses on Sustainable Corn Sourcing

Thai food conglomerate CP Group's Feed Ingredients Trading Business Group (FIT) and Charoen Pokphand Foods Public Company Limited (CP Foods) have announced the implementation ...
Malaysia Approved Investments Valued at USD 60 Billion in 2022, Second-Highest Ever

Malaysia Approved Investments Valued at USD 60 Billion in 2022, Second-Highest Ever

The Malaysian Investment Development Authority (MIDA) has recently revealed that the country’s approved investment for 2022 amounted to MYR 264.6 billion (USD 60 billion) the ...
Royal Thai Air Force Aims to Spend USD 1.2 Billion on Aircraft Upgrading

Royal Thai Air Force Aims to Spend USD 1.2 Billion on Aircraft Upgrading

The Royal Thai Air Force (RTAF) has announced its intention to secure a budget of THB 40 billion (USD 1.2 billion) for the 2024 fiscal year, with additional funding required ...
Thailand Approves USD 1.64 billion Investment Projects, Announces Launch of HQ Biz Portal

Thailand Approves USD 1.64 billion Investment Projects, Announces Launch of HQ Biz Portal

The Thailand Board of Investment (BOI) has granted investment privileges totaling THB 56.6 billion (USD 1.64 billion) to a variety of projects aimed at enhancing the ...
Japanese Renewable Energy Developers Explore the Thai Floating and Rooftop Solar Market

Japanese Renewable Energy Developers Explore the Thai Floating and Rooftop Solar Market

Shizen International (Thailand), a subsidiary of Japan-based renewable energy developer Shizen Energy Group, has signed a memorandum of understanding (MoU) with Sena Solar ...
Malaysia Partners with UK Company for Cyber-security Regional Hub

Malaysia Partners with UK Company for Cyber-security Regional Hub

Malaysian energy company, Sapura Holdings Bhd is teaming up with UK-based TriCIS Ltd to create a regional center for cyber intelligence solutions through its cyber security ...
Japanese Players Working on Hydrogen/Ammonia Supply Chain in Thailand

Japanese Players Working on Hydrogen/Ammonia Supply Chain in Thailand

Mitsui O.S.K. Lines (MOL), a Japanese company, has signed a memorandum of understanding (MoU) with the Electricity Generation Authority of Thailand (EGAT), Mitsubishi ...
Leading Biological Specialist Expands in Thailand and Singapore

Leading Biological Specialist Expands in Thailand and Singapore

Austrianova, also known as SGAustria, a leading provider of cell biological products and services, has unveiled plans to expand its facilities in Thailand and Singapore. The ...
Singaporean Cybersecurity Company Opens Digital Crime Resistance Center in Thailand

Singaporean Cybersecurity Company Opens Digital Crime Resistance Center in Thailand

Group-IB, a global cybersecurity company headquartered in Singapore, has revealed plans to establish a Digital Crime Resistance Center in Thailand. The company has also ...
Thailand to Start USD 1 Billion Expansion of Bangkok’s Don Mueang Airport in 2023

Thailand to Start USD 1 Billion Expansion of Bangkok’s Don Mueang Airport in 2023

Airports of Thailand (AOT) has announced its intention to invest $1 billion in expanding the budget traveler terminal at Bangkok's Don Mueang Airport. The expansion project ...
American Company Expands Specialty Materials Capability in Rayong, Thailand

American Company Expands Specialty Materials Capability in Rayong, Thailand

Momentive Performance Materials, a global leader in high-performance silicones and specialty solutions, has announced a new growth investment - a manufacturing facility in ...
Philippines Poised to Pass Regional Peers in the Renewable Energy Production

Philippines Poised to Pass Regional Peers in the Renewable Energy Production

The Philippines is on track to overtake Vietnam as Southeast Asia’s leading producer of renewable energy by 2030. With several recent government reforms slowly gaining ground ...

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