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 Philippines Announce Collaborative Agricultural Initiative for Key Commodities
Malaysia and the Philippines have strengthened their ties through a memorandum of understanding (MOU) focusing on joint agricultural development. The MOU delves into ...
Indonesian Halal Beauty Market Registers Strong Growth
For a considerable time, European and American companies like L'Oreal and P&G held a strong grip on Indonesia's beauty industry. However, in recent times, local ...
LG Electronics Establishes First Global R&D Center in Indonesia
In July 2023, LG Electronics Inc., the South Korean household appliance giant, launched its inaugural international research and development (R&D) center in Indonesia. ...
DP World Set to Expand Container Terminal in Indonesia
DP World is gearing up to initiate activities at Indonesia's Belawan New Container Terminal (BNCT) following the signing of an agreement with the Indonesia Investment ...
Indonesian and Vietnamese Companies Collaborate on Smart Cloud for AI Development
Home Credit Indonesia, a tech-based financing firm, has commenced a collaborated with FPT Smart Cloud, a Vietnamese artificial intelligence (AI) solutions and cloud services ...
Smart Fertility Clinic’s Growth Continues with New Jakarta Branch Opening
In July 2023, Smart Fertility Clinic inaugurated a new branch at Primaya Evasari Hospital in Central Jakarta. This marks the third branch of the expansion, following Primaya ...
German Company Builds New PET Recycling Factory in Indonesia
Alba Group, the Germany-based materials, recycling, and environmental services company, is investing around EUR 55 million (USD 60 million) in developing a new PET waste ...
US Company Partners with Indonesian Counterpart for Geothermal Projects
GreenFire Energy Inc., a geothermal energy development company based in the US, and PT Medco Power Indonesia have inked an agreement to collaborate on future geothermal ...
UK’s Development Finance Institution to Foster Green Investments in Indonesia
The Indonesia Investment Authority (INA), Indonesia's sovereign wealth fund, and British International Investment (BII), the UK's development finance institution (DFI) and ...
Indonesia Encourages Joint Production of Defense Equipment with France
Indonesia is working to expand defense cooperation with France to include not just military equipment sales but also knowledge transfer, cooperative development, and joint ...
Israel’s Food Tech Eyes Opportunities in ASEAN’s Muslim Countries
Israel's food technology businesses are exploring new opportunities in majority-Muslim markets. In particular, food producers in the Jewish state are preparing ...
LKL International Expands Medical Devices Portfolio with Partners from Germany and Japan
A distributorship agreement (DA) has been concluded between LKL International Bhd (LIB), a Malaysian medical products manufacturer and two foreign medical devices suppliers, ...
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