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

Indonesia to Expand Lombok International Airport

Indonesia to Expand Lombok International Airport

As part of the Indonesian government’s effort to enhance tourism, the country looks to expand the airport of Lombok: Zainuddin Abdul Madjid International. The project is ...
Vietnam’s Major Bank OCB Joins RippleNet to Enhance Cross-Border Payments

Vietnam’s Major Bank OCB Joins RippleNet to Enhance Cross-Border Payments

Orient Commercial Joint Stock Bank (OCB), a major Vietnamese bank with assets worth USD 4.6 billion, has recently joined RippleNet, a network of institutional ...
Line Integrates Banking Services into Messaging App in Thailand

Line Integrates Banking Services into Messaging App in Thailand

Line, a messaging app first launched in Japan by Line Corporation, has introduced integrated banking services in Thailand, allowing its 47 million Thai users to transfer ...
Stronger Ties between Singapore and Germany to Boost Digital Transformation

Stronger Ties between Singapore and Germany to Boost Digital Transformation

A series of initiatives have been signed between Singapore and Germany to create more opportunities for both countries to work together and accelerate their digital ...
Converge ICT Solutions Completes Philippines’ 2nd Largest IPO

Converge ICT Solutions Completes Philippines’ 2nd Largest IPO

Converge ICT Solutions, an emerging fiber internet service provider, which is minority owned by US private equity firm Warburg Pincus, has just completed the Philippines’ ...
Malaysia to Foster Public-Private Sector Cooperation towards Digitalization

Malaysia to Foster Public-Private Sector Cooperation towards Digitalization

In a recent interview, Malaysia's Prime Minister Tan Sri Muhyiddin Yassin has emphasized the importance of public-private cooperation towards digitalization. The Malaysian ...
Logiq Partners with KMSB to Provide Mobile Fintech Services

Logiq Partners with KMSB to Provide Mobile Fintech Services

Logiq, a US-based leading global provider of eCommerce and fintech solutions, has entered into an exclusive strategic alliance with Koperasi Mona Santoso Berjaya (KMSB), ...
Major Solar Power Projects Kickstarting in Phu Yen and Ninh Thuan Provinces

Major Solar Power Projects Kickstarting in Phu Yen and Ninh Thuan Provinces

The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) recently signed a USD 186 million loan to develop and operate a 257 MW solar power plant in ...
UK and Thailand Collaborate to Create Smart Cities

UK and Thailand Collaborate to Create Smart Cities

The UK and Thailand have partnered together to launch the “Smart City Handbook”, an initiative between both countries to create smarter cities through urban planning and the ...
Australia Solar Farm Expected to Supply 20% of Singapore’s Energy Needs

Australia Solar Farm Expected to Supply 20% of Singapore’s Energy Needs

Australia is planning to construct a massive solar farm in its deserted Outback, between two cities in its Northern Territory, Alice Springs and Darwin. The farm, which will ...
SMC Purchases Plastic Waste to Power Cement Facilities

SMC Purchases Plastic Waste to Power Cement Facilities

San Miguel Corporation (SMC) is increasing its efforts to help manage the country's solid waste and create more livelihood opportunities amidst the pandemic by buying up ...
Malaysia to Reduce Use of HFC Fridge and Air-Con Gas by 80% by 2045

Malaysia to Reduce Use of HFC Fridge and Air-Con Gas by 80% by 2045

Malaysia joined other 110 countries to ratify the UN agreement to eliminate the use of hydrofluorocarbon (HFC) refrigerant, liquid or gas used for refrigeration and air ...

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