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
SK Plasma to Invest USD 250 Million for Blood Products Manufacturing Facility in Indonesia
SK Plasma, a subsidiary of SK Discovery, has announced plans to construct a blood products plant in Indonesia worth USD 250 million. The Indonesian Health Ministry has ...
NeutraDC, NAVER Cloud, and Cisco to Accelerate Cloud Technology Adoption in Indonesia
NeutraDC, a brand under PT Telkom Data Ekosistem, has announced its partnership with NAVER Cloud and Cisco to provide advanced cloud services and solutions to Indonesian ...
Indonesia to Launch USD 2.6 Billion Hydroelectric Power Plant
The President of Indonesia, Joko Widodo, attended a ground-breaking ceremony on March 1, 2023, for the construction of a hydropower plant that will cost USD 2.6 billion and ...
Ford to Build a USD 4.5 Billion Nickel Plant in Indonesia
Ford has entered a partnership with PT Vale Indonesia and China's Zhejiang Huayou Cobalt to construct a USD 4.5 billion nickel processing plant in Indonesia. The Pomalaa ...
AEON to Undergo Massive Stores Expansion in Indonesia
The President Director of PT AEON Indonesia, Takahiro Osugi, recently announced that the Japanese retail chain is planning to expand its presence in Indonesia by opening at ...
New Manufacturing Plant to Start Supplying OLED Display for Apple in 2025
Chinese display manufacturer BOE is reportedly set to construct a new display module factory in Bac Ninh, Vietnam to meet the rising demand for small and medium-sized OLED ...
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
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
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
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
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
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 ...
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