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
U Mobile and MRCA Partner to Accelerate Digitalization of Malaysia’s Retail Sector
U Mobile, a 5G network provider in Malaysia, has partnered with the Malaysia Retail Chain Association (MRCA) to accelerate the digital transformation of the country’s retail ...
Mercedes-Benz Malaysia and P.UP Launch On-Demand Mobile EV Charging Service
Mercedes-Benz Malaysia has partnered with Power-Up (P.UP) by Nazamax Malaysia to introduce a mobile electric vehicle (EV) charging service designed to make EV ownership more ...
BYD to Build First Malaysian Assembly Plant at Perak’s KLK TechPark
Chinese electric vehicle (EV) company BYD has selected Perak’s KLK TechPark in Tanjong Malim for its first automotive assembly plant in Malaysia. The assembly facility will ...
Petronas and Microsoft Expand Strategic Partnership to Boost Malaysia’s AI Ecosystem
Petroliam Nasional Berhad (Petronas), Malaysia’s state-owned utility firm, has expanded its strategic collaboration with Microsoft through a new memorandum of understanding ...
Malaysia Mandates Recycling Facilities in All Shopping Malls Starting 2026
The Malaysian government will require all shopping malls nationwide to have recycling facilities starting January 1, 2026, as a condition for business licence approvals. This ...
B.Grimm Power to Invest Over USD 1 Billion in Malaysia’s Renewable Energy and Power Sectors
Singapore’s B.Grimm Power, a Thai energy firm, is set to invest over MYR 4.3 billion (around USD 1.02 billion) in Malaysia’s renewable energy (RE) and power sectors over the ...
Malaysia commits more than USD 240 billion in investments to ease trade imbalance with the US
Malaysia has agreed to purchase and invest over USD 240 billion with the United States to help narrow the trade deficit and secure a reduction in US reciprocal tariffs, from ...
Malaysia to Modernize Defense with Turkish UAVs by 2026
Malaysia is set to modernize its defense capabilities by integrating drone technology, with the Royal Malaysian Air Force (RMAF) expected to receive its first batch of ...
Malaysia Grants Zero Tariffs to Nearly 7,000 US Products in Trade Deal
Malaysia and the United States have reached an agreement resulting in zero tariffs for nearly 7,000 tariff lines, predominantly benefiting US exporters of agricultural and ...
Japanese Footwear Retailer ABC-MART to Open Flagship Stores in Manila
Japanese footwear retailer ABC-MART will open its first flagship stores in Manila in 2025 through a joint venture with SONAK Retail Group. The collaboration will introduce ...
Hyundai to Launch Shipbuilding Operations in the Philippines
South Korean conglomerate HD Hyundai plans to begin shipbuilding operations in the Philippines early in 2026. The development follows the signing of a 10-year lease agreement ...
ISON Group to Invest USD 300 Million in Philippine Digital Infrastructure
India-based iSON Group plans to invest up to USD 300 million over the next decade to strengthen digital infrastructure in the Philippines. The company intends to develop ...
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