ASEAN BUSINESS NEWS

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

Procter & Gamble Opens Diaper Manufacturing Line in the Philippines

Procter & Gamble Opens Diaper Manufacturing Line in the Philippines

Multinational FMCG company, Procter & Gamble (P&G), has established a new facility in the Philippines to produce diapers. The facility is located in Laguna province, ...
Netflix Preparing to Open Vietnam Office

Netflix Preparing to Open Vietnam Office

After years of discussions with officials and the completion of a risk assessment, U.S. streaming giant Netflix Inc. is opening a representative office in Vietnam. The risk ...
American Hospitality Group to Open 8 New Hotels in Thailand

American Hospitality Group to Open 8 New Hotels in Thailand

As part of its expansion across the Asia-Pacific region, American hospitality group Best Western Hotels (BWH) will open eight new hotels in Thailand in 2023 to capitalize on ...
Genomics to Propel Indonesia’s Earnings to USD 110 Billion

Genomics to Propel Indonesia’s Earnings to USD 110 Billion

A 2023 white paper by East Ventures and Indonesia's health ministry suggests that Indonesia could generate a potential economic impact of about USD 110 billion by utilizing ...
UK-based GSMA and MDEC Collaborate to Boost 5G Application in Malaysia

UK-based GSMA and MDEC Collaborate to Boost 5G Application in Malaysia

Malaysia Digital Economy Corporation (MDEC), the lead government agency for digital economy in Malaysia, has signed a memorandum of understanding (MoU) with Groupe Speciale ...
Japan’s Marubeni to Launch Tim Hortons in Singapore

Japan’s Marubeni to Launch Tim Hortons in Singapore

In partnership with the Japanese conglomerate Marubeni Corporation, Tim Hortons is gearing up to launch in Singapore. Marubeni Growth Capital Asia Pte. Ltd, Marubeni's ...
Australian Water Specialist Waterco Expands Presence in Vietnam

Australian Water Specialist Waterco Expands Presence in Vietnam

Waterco, a Sydney-based water treatment and pool equipment manufacturer, has expanded its commercial footprint to Vietnam by establishing a sales and service center in Ho Chi ...
Singaporean Company Focusing on Blockchain for Food Safety and Security

Singaporean Company Focusing on Blockchain for Food Safety and Security

The GrowHub Innovations Company is a technology-driven one-stop shop for farm-to-table solutions, catering to the food traceability and data analytics needs of consumers. The ...
German Firm Invests USD 16 Million Machine Parts Factory in Batangas

German Firm Invests USD 16 Million Machine Parts Factory in Batangas

German company Zama Group is continuing to expand its production capacity with the construction of an 11,000-square-meter facility in Batangas, which is expected to be ...
9 in 10 Indonesians Plan to Purchase During Ramadan

9 in 10 Indonesians Plan to Purchase During Ramadan

According to a survey of over 2,000 Indonesians by The Trade Desk and YouGov, 88% of Indonesians plan to make a purchase during Ramadan. Female millennial online shoppers are ...
Petronas Awards 3 Oil and Gas Production-Sharing Contracts

Petronas Awards 3 Oil and Gas Production-Sharing Contracts

Malaysia's state-owned oil and gas company, Petronas, has awarded three oil and gas production-sharing contracts as part of its 2022 bidding round. The contracts, awarded ...
Malaysia to Accelerate 5G Adoption with Ericsson and Intel

Malaysia to Accelerate 5G Adoption with Ericsson and Intel

In order to accelerate Malaysia's transition to a digital economy, the Swedish telecom giant Ericsson and Intel, one of the biggest chipmakers in the world, are planning to ...

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