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

Malaysia’s New Strategy Targets USD 106 Billion Investment to Boost Semiconductor Industry

Malaysia’s New Strategy Targets USD 106 Billion Investment to Boost Semiconductor Industry

Malaysia is committed to solidifying its position as a global technology powerhouse, leveraging its strong semiconductor industry. The National Semiconductor Strategy (NSS) ...
CIMIC’s Leighton Asia Will Secures Contract to Reconstruct the Choa Chu Kang Waterworks

CIMIC’s Leighton Asia Will Secures Contract to Reconstruct the Choa Chu Kang Waterworks

CIMIC Group subsidiary Leighton Asia has secured a contract from PUB, Singapore's National Water Agency, for the reconstruction of Choa Chu Kang Waterworks. The project is ...
Makati Life Medical Center Partners with United Imaging for Advanced Cancer Detection Technology

Makati Life Medical Center Partners with United Imaging for Advanced Cancer Detection Technology

Makati Life Medical Center is set to bring advanced cancer detection and treatment technology to the Philippines through a partnership with United Imaging Healthcare, ...
Vietnam’s VNG Subsidiary Becomes the Latest Partner of Nvidia in Southeast Asia

Vietnam’s VNG Subsidiary Becomes the Latest Partner of Nvidia in Southeast Asia

Vietnamese gaming and messaging unicorn VNG has partnered with Nvidia, enhancing the U.S. chipmaker's connections in Asia just months after CEO Jensen Huang's regional ...
First BMW Plant in Asia Opens in Thailand

First BMW Plant in Asia Opens in Thailand

BMW Manufacturing (Thailand) Co., Ltd., the first wholly-owned BMW plant in Asia, has been officially inaugurated at Amata City Industrial Park in Thailand, joining BMW's ...
Liverpool FC Expands Global Presence with New Official Retail Partnership in Indonesia

Liverpool FC Expands Global Presence with New Official Retail Partnership in Indonesia

Liverpool FC is expanding its presence in Asia through a new retail partnership in Indonesia. This collaboration with PT Kanmo Weston Retailindo, a joint venture between ...
Sarawak Initiates Southeast Asia’s First Climate Change Center

Sarawak Initiates Southeast Asia’s First Climate Change Center

Sarawak, an East Malaysian state located in Borneo, has announced the establishment of Southeast Asia's first climate change center to spearhead Malaysia's response to the ...
Singaporean Renewable Energy Developer Secures 25-year PPA in Thailand

Singaporean Renewable Energy Developer Secures 25-year PPA in Thailand

Gurīn Energy, a prominent Asian renewable energy developer headquartered in Singapore, has announced a partnership with Thai conglomerate WHA Utilities and Power Public ...
AstraZeneca to Open a USD 1.5 Billion Cancer Drug Manufacturing Plant in Singapore

AstraZeneca to Open a USD 1.5 Billion Cancer Drug Manufacturing Plant in Singapore

Pharmaceutical giant AstraZeneca is set to open a USD 1.5 billion cancer drug manufacturing plant in Singapore, as part of its global expansion strategy. The new factory ...
American Solar Company SEG Solar Announces 5GW Manufacturing Plant in Indonesia

American Solar Company SEG Solar Announces 5GW Manufacturing Plant in Indonesia

SEG Solar, a prominent American solar manufacturer, has secured a land utilization agreement to establish a state-of-the-art 5GW vertically integrated photovoltaic (PV) ...
Malaysia to Undertake New Cocoa Plantation & Cocoa Farm Recovery Projects

Malaysia to Undertake New Cocoa Plantation & Cocoa Farm Recovery Projects

The Malaysian government has committed MYR 9.5 million (USD 2 million) to a new cocoa cultivation initiative that includes the establishment of a new 350-hectare plantation ...
New Subsea Cable Connecting Singapore and Indonesia’s Batam Island

New Subsea Cable Connecting Singapore and Indonesia’s Batam Island

Singtel and Indonesia's Telin have partnered to establish a new submarine cable system connecting Singapore and Batam Island in Indonesia. The two Southeast Asian telecom ...

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