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
Sarawak Initiates Southeast Asia’s First Climate Change Center
Sarawak, an East Malaysian state located in Borneo, has announced the establishment of Southeast Asia's first climate change center to spearhead Malaysia's response to the ...
Singaporean Renewable Energy Developer Secures 25-year PPA in Thailand
Gurīn Energy, a prominent Asian renewable energy developer headquartered in Singapore, has announced a partnership with Thai conglomerate WHA Utilities and Power Public ...
AstraZeneca to Open a USD 1.5 Billion Cancer Drug Manufacturing Plant in Singapore
Pharmaceutical giant AstraZeneca is set to open a USD 1.5 billion cancer drug manufacturing plant in Singapore, as part of its global expansion strategy.
The new factory ...
American Solar Company SEG Solar Announces 5GW Manufacturing Plant in Indonesia
SEG Solar, a prominent American solar manufacturer, has secured a land utilization agreement to establish a state-of-the-art 5GW vertically integrated photovoltaic (PV) ...
Malaysia to Undertake New Cocoa Plantation & Cocoa Farm Recovery Projects
The Malaysian government has committed MYR 9.5 million (USD 2 million) to a new cocoa cultivation initiative that includes the establishment of a new 350-hectare plantation ...
New Subsea Cable Connecting Singapore and Indonesia’s Batam Island
Singtel and Indonesia's Telin have partnered to establish a new submarine cable system connecting Singapore and Batam Island in Indonesia. The two Southeast Asian telecom ...
Shell Energy Secures Offtake Agreement for North Negros Biomass Plant
Shell Energy Philippines has entered into an offtake agreement with the Thomas Lloyd Group's North Negros Biopower Inc. for its biomass plant in Negros Occidental. Thomas ...
South Korea’s SK Leaveo Plans Biodegradable Plastic Plant in Vietnam
In the first half of 2024, South Korea’s SK Leaveo plans to begin constructing the world’s largest Polybutylene Adipate Terephthalate (PBAT) production facility in Hai Phong, ...
Microsoft to Invest in Cloud And AI-Powered Thailand
Microsoft has committed to developing new cloud and AI infrastructure in Thailand, offering AI training to over 100,000 people and supporting the country's growing developer ...
South Korea’s Kakao Healthcare and Indonesian University Partner on AI-Powered Blood Sugar Management Solution
South Korean health-tech company Kakao Healthcare has entered into a memorandum of agreement (MOA) with Universitas Indonesia Hospital (RSUI) to collaborate on localizing and ...
Malaysia to Spend USD 31 Million to Upgrade 400 Healthcare Facilities
Malaysia's Health Ministry announced that a total of 401 projects aimed at upgrading health clinics and other healthcare facilities across the country are currently underway ...
Sumimoto Seika Chemicals Constructs New Production Facility in Singapore
Japanese chemicals manufacturer Sumitomo Seika Chemicals Co., Ltd. has commenced construction of a new production facility on Jurong Island of Singapore. This new plant will ...
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