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
New US-Singapore Partnership for Growth and Innovation MoU
Singapore and the US signed an MoU to implement the US-Singapore Partnership for Growth and Innovation, aimed at strengthening ties on trade and investment between the two ...
Singapore and International Hydrographic Organization (IHO) Launch Innovation and Technology Laboratory
Singapore and the 95-member International Hydrographic Organisation (IHO) have launched the Joint IHO-Singapore Innovation and Technology Laboratory, a first-of-its-kind ...
Siltronic Invests SGD 3 billion in New Facility at JTC’s Tampines Wafer Fab Park
Siltronic, a Munich-based silicon wafer manufacturer, has partnered with the Singapore Economic Development Board (EDB) and invested SGD 3 billion (USD 2.2 billion) in its ...
Qlik Launches Cloud Region in Singapore
Qlik, a business data and analytics software-as-a-service (SaaS) provider, announced the launch of its new cloud region in Singapore. This represents the company's fourth ...
Philippine Navy Receives 3 SAM Missiles for Two Naval Frigates
The Armed Forces of the Philippines (AFP), particularly the Philippine Navy (PN), has received a huge boost to defend against aerial threats, with the delivery of the Mistral ...
New Partnership for Digital Logistics Solutions in Indonesia
Local logistic player GL Terminal and PT GUUD Logistics Indonesia (operating under the brand “Clickargo”, a subsidiary of Singapore's GUUD Pte Ltd) have announced the launch ...
mu Space Opens New Satellite and Space Factory in Thailand
Aerospace manufacturer and satellite internet service provider mu Space Corp. has just displayed to the public its brand-new satellite, the mu-B200 and the opening of Factory ...
MDEC Launches 4IR Catalyst Grant for Local and Foreign Technology Companies
The 4IR Catalyst Grant (4ICG) has been announced by the Malaysia Digital Economy Corporation (MDEC), a government body responsible for promoting the digital economy. The ...
Malaysia Launches National Trade Blueprint (NTBp) to Bolster Trade Competitiveness
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has unveiled the National Trade Blueprint (NTBp), which aims to boost the country's competitiveness by enhancing the ...
Korean Company, EnPlus, is First Electric Vehicle Manufacturer in PEZA Ecozone
The Philippine Economic Zone Authority (PEZA) has signed a Memorandum of Understanding (MoU) with South Korean company, EnPlus Co Ltd. to help set up joint ventures to ...
Itochu Expands to Indonesian Industrial Park
Japan-headquartered Itochu Corporation has announced that it has acquired an additional 105 hectares of land for development in Karawang International Industrial City (KIIC), ...
World’s1st Carbon Neutral Bicycle Tire Production Facility in Thailand
In September 2021, Italian bicycle manufacturer Vittoria Group announced the construction of a new factory in Thailand. The USD 20 million investment will see the company’s ...
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