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 and Japan Strengthen Ties with Halal MOUs to Boost Trade and Certification Standards
Malaysia further solidified its position as a global halal hub by signing two Memoranda of Understanding (MOUs) with Japan. These agreements aim to enhance international ...
IKEA Expands Reach Across the Philippines with Enhanced Services
IKEA, the renowned furniture retailer, is expanding its reach in the Philippines to key cities like Davao, Cagayan de Oro City, and Iloilo City. This expansion signifies ...
Vietnam to Boost Green Hydrogen Industry, Sets Targets for 2030
Vietnam has announced to implement the Prime Minister’s decision No.165 on the strategy to promote hydrogen until 2030, with a vision to 2050. Accordingly, the country aims ...
Vietnam Introduces New Incentives for Investment into Hi-tech Parks
The Vietnamese Government has introduced new incentive packages to stimulate investments in hi-tech parks. Decree No. 10/2024/NĐ-CP stipulates that hi-tech parks will receive ...
Japanese Specialist Partners with Vietnam’s Environmental Agency for Satellite Sensing Technology
Synspective, a Japanese Synthetic Aperture Radar (SAR) satellite data and analytics solution provider, recently entered into an agreement with the National Remote Sensing ...
Singaporean Specialist Opens the Largest Insect Protein Plant in Vietnam
Entobel, a Singaporean specializing in the production of functional insect protein for animal and plant nutrition, recently inaugurated a new black soldier fly (BSF) ...
Singapore Bio-Tech Firm Collaborates with Indonesian State-Owned Entities
Bio Ark Global, a biotechnology firm headquartered in Singapore, recently formalized a Memorandum of Understanding (MoU) to expand into Southeast Asia (SEA). Bio Ark Global ...
SUEZ Wins Contract for Water Treatment Plant Project in Indonesia
SUEZ, a leading player in water management, recently signed a contract for the Buaran III Water Treatment Plant (WTP) project in Jakarta. The Group will supply key equipment ...
Italian Energy Company Plans to Increase Gas Production while Focusing on Decarbonization Efforts in Indonesia
Italian energy company Eni SpA has presented its proposed expansion of natural gas operations to the Indonesian government and concurrently inked an agreement with the energy ...
Indonesia Broadens Tax Incentives to Stimulate Electric Vehicle Sales
Indonesia has introduced fresh incentives to stimulate the sales of domestically manufactured and imported electric vehicles (EVs), aiming at promoting eco-friendly ...
French and Indonesian Firms Collaborate for Armored Personnel Carrier Development
Texelis, a French vehicle chassis manufacturer, and Sentra Surya Ekajayais (SSE), an Indonesian vehicle manufacturer, have collaborated to design an armored personnel carrier ...
Germany’s President Highlights Sustainable Farming Collaboration with Thailand
Germany's president, Frank-Walter Steinmeier, recently undertook a state visit to Thailand, where he toured a project in Ubon Ratchathani dedicated to promoting sustainable ...
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