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

Thailand’s CP Foods to Install Solar Energy Panels at 180 Facilities by 2023

Thailand’s CP Foods to Install Solar Energy Panels at 180 Facilities by 2023

Thai agro-industrial and food conglomerate CP Foods recently announced plans to increase the installation of solar panels at 180 animal farms, feed mills, and processing ...
South Australia’s USD 12.5 Million Project of Green Hydrogen Supply to Indonesia

South Australia’s USD 12.5 Million Project of Green Hydrogen Supply to Indonesia

The South Australian Government is leading the way in the hydrogen trading market with a new USD 12.5 million initiative to generate low-cost green hydrogen from renewable ...
German President Recognizes Malaysia as Exemplary Destination for Business Diversification

German President Recognizes Malaysia as Exemplary Destination for Business Diversification

During German President Frank-Walter Steinmeier’s three-day official visit to Malaysia in February 2023, he praised Malaysia as a prime destination to diversify businesses, ...
Singapore in Talks for Digital Trade Agreement with European Free Trade Association

Singapore in Talks for Digital Trade Agreement with European Free Trade Association

Singapore and the European Free Trade Association (EFTA) have launched negotiations on an EFTA-Singapore Digital Economy Agreement (DEA). EFTA and Singapore share strong ...
Watsons Opens Its 1000th Store in the Philippines

Watsons Opens Its 1000th Store in the Philippines

With the opening of its 1,000th store in the Philippines, Watsons has reached a significant milestone and now operates 8,000 locations throughout 15 markets in Asia and ...
Growatt to Open New Manufacturing Facilities in Vietnam to Serve the US Market

Growatt to Open New Manufacturing Facilities in Vietnam to Serve the US Market

In February 2023, Growatt announced the opening of the first phase of its production facility in the northern coastal city of Hai Phong, where it will manufacture solar ...
MEA Collaborates with Hitachi Energy to Upgrade Bangkok’s Power Network

MEA Collaborates with Hitachi Energy to Upgrade Bangkok’s Power Network

Hitachi Energy has announced the successful installation and commissioning of its RTU560 solution for Metropolitan Electricity Authority (MEA) in Thailand as part of its ...
Astra Daihatsu Starts Constructing USD 190 Million Car Assembly Plant in Indonesia

Astra Daihatsu Starts Constructing USD 190 Million Car Assembly Plant in Indonesia

Astra Daihatsu Motor, a joint venture between Japan's Daihatsu and Indonesian conglomerate Astra International, has begun constructing a new automobile assembly plant in ...
Malaysia Procures South Korea’s Fighter Jets in a USD 920 Million Deal

Malaysia Procures South Korea’s Fighter Jets in a USD 920 Million Deal

Malaysia's Defense Ministry will purchase 18 fighter jets from Korea Aerospace Industries Co (KAI), South Korea's sole aircraft manufacturer, for 1.2 trillion won (USD 920 ...
Aleph Farms Increases Production Capabilities with ESCO Aster Partnership

Aleph Farms Increases Production Capabilities with ESCO Aster Partnership

Aleph Farms, the first company to grow cultivated steaks directly from non-modified cow cells, has signed a Memorandum of Understanding (MOU) with ESCO Aster, a ...
Philippine Airlines Partners with Ramco Aviation

Philippine Airlines Partners with Ramco Aviation

Philippine Airlines, Inc. (PAL), the country's flag carrier, has reached an agreement with Ramco Systems, a provider of aviation software, to implement Ramco's Aviation Suite ...
Leading Hotel Groups Increasing Investment in Vietnam

Leading Hotel Groups Increasing Investment in Vietnam

Accor Vietnam and IHG Hotels & Resorts, two leading hotel companies, have put forward plans to double the number of hotels in Vietnam that meet international standards ...

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