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

Marubeni Enters into the End-of-Life Tire Pyrolysis Recycling Business in Thailand

Marubeni Enters into the End-of-Life Tire Pyrolysis Recycling Business in Thailand

Marubeni Corporation has invested in Green Rubber Energy Company Limited (GRE), which is developing an End-of-Life Tire (ELT) pyrolysis recycling business in ...
Thailand Puts Solar Power at the Center of its National Energy Plan

Thailand Puts Solar Power at the Center of its National Energy Plan

Thailand's Ministry of Energy is intensifying efforts to roll out a comprehensive National Energy Plan (NEP) to meet the country's ambitious goal of reducing carbon emissions ...
UK Signs Trade Pact with Thailand to Boost Exports

UK Signs Trade Pact with Thailand to Boost Exports

The UK and Thailand are set to establish an Enhanced Trade Partnership designed to strengthen trade and investment ties between the two countries. The agreement, involving ...
Thailand Plans Ambitious Airports Expansion

Thailand Plans Ambitious Airports Expansion

Airports of Thailand (AOT) has announced plans to expand its six international airports to accommodate 210 million passengers by 2032. Kerati Kijmanawat, AOT's director, ...
Thailand Innovates in Plant-based Meat Using Coconut Water

Thailand Innovates in Plant-based Meat Using Coconut Water

A Thai company renowned for its coconut vermicelli has ventured into plant-based meat production using coconut water, as part of a government initiative to boost the ...
Malaysia Government Invests USD 1.06 billion to Transform Agriculture and Boost Rice Production

Malaysia Government Invests USD 1.06 billion to Transform Agriculture and Boost Rice Production

The Malaysian government is initiating several major projects in the agricultural sector, with a significant focus on rice production. One of the key initiatives is a ...
Capital A Launches Malaysia’s Largest 14-Line Aircraft Maintenance Facility

Capital A Launches Malaysia’s Largest 14-Line Aircraft Maintenance Facility

Asia Digital Engineering (ADE), the Maintenance, Repair, and Overhaul (MRO) division of Capital A (formerly AirAsia Group), has officially unveiled its latest 14-line MRO ...
Malaysia Introduces Tax Breaks and Incentives to Boost Global Investment in Forest City

Malaysia Introduces Tax Breaks and Incentives to Boost Global Investment in Forest City

Malaysia has unveiled a series of tax breaks and incentives for the Forest City development, officially designated as the Forest City Financial Zone (FCSFZ) in August 2023. ...
Solarvest Holdings Secures USD 24 Million Contract for Solar Farm Construction in Malaysia

Solarvest Holdings Secures USD 24 Million Contract for Solar Farm Construction in Malaysia

Malaysia's major clean energy firm, Solarvest Holdings, has clinched a MYR 113 million (USD 24 million) Engineering, Procurement, Construction, and Commissioning (EPCC) ...
German Delegation Visits Malaysia to Support Water Sector Transformation

German Delegation Visits Malaysia to Support Water Sector Transformation

In September 2024, the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) collaborated with the Environmental Technologies Export Initiative, the ...
Malaysia’s Medical Tourism Revenue to Reach USD 476 Million in 2024, Fueled by Penang’s Growth

Malaysia’s Medical Tourism Revenue to Reach USD 476 Million in 2024, Fueled by Penang’s Growth

Malaysia's private healthcare and medical tourism sector is set to generate MYR 2.2 billion (USD 476 million) in revenue in 2024, with Penang emerging as a pivotal hub for ...
Malaysia Generates USD 222 Million By Strengthening AI Digital Ecosystem

Malaysia Generates USD 222 Million By Strengthening AI Digital Ecosystem

The Malaysia Digital Economy Corporation (MDEC), the leading agency for the country's digital economy under the Ministry of Digital, has successfully integrated 140 local ...

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