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
Indonesia and the United States Sign USD 698 Million Infrastructure and Finance Compact
Indonesian Minister of Finance Sri Mulyani Indrawati and US Secretary of the Treasury Janet Yellen have signed the Indonesia Infrastructure and Finance Compact, amounting to ...
American 3D Geospatial Specialist Expands to Indonesia
Intermap Technologies, a global pioneer in 3D geospatial products and intelligence solutions from Colorado, has announced a deal to offer 3D digital elevation models (DEMs) ...
Ace Hardware Indonesia to Launch 15 New Stores in 2023
PT ACE Hardware Indonesia Tbk (ACES), a company owned by conglomerate Kuncoro Wibowo and part of the Kawan Lama Group, has inaugurated five new stores in the first quarter of ...
Indonesia to Develop Large-scale Chlor-alkali Plant in Collaboration with Japanese Player
PT Chandra Asri Petrochemical Tbk (Chandra Asri), Indonesia's largest petrochemical company, and Indonesia Investment Authority (INA) have signed a Memorandum of ...
Linde to Supply Green Hydrogen to Evonik in Singapore
Global industrial gases and engineering company Linde announced has signed a long-term agreement to supply green hydrogen to Evonik, a leading specialty chemicals ...
LTA Awards Two Contracts for Cross Island Line Systems
The Singapore Land Transport Authority (LTA) has awarded two contracts for the provision of four key systems – signaling system, platform screen doors (PSD) system, ...
Superapp Grab’s Digital Bank Launches Instant Loans in Singapore
GXS Bank, a virtual lender majority-owned by Grab in Singapore, has launched instant loans starting from SGD 200 (USD 149). The aim is to cater to gig workers and digital ...
Wellcome Leap & Temasek Trust Launch Program to Extend Health Spans
The Singapore Ministry of Health (MOH) has confirmed its intention to table a new Health Information Bill in the second half of 2023. Through the bill, the MOH seeks to ...
Singapore Looking into Adoption of Biofuels and Bioresources
In its pursuit of achieving net-zero carbon emissions by 2050, Singapore is actively exploring the wider implementation of biofuels and sustainable bioresources in ...
Singapore Plans to Seek Bids for New Electricity Generation Capacity by 2028
Singapore will be seeking bids to increase its electricity generation capacity by 2028 to meet the growing energy demand as the Government moves towards a centralized process ...
Singapore and France Defence Ministries to Establish Joint R&D Lab in Singapore to Develop AI Capabilities
The Singapore Ministry of Defence (MINDEF) and France's Ministry of the Armed Forces (MOAF) have signed an agreement to establish a Joint Research & Development ...
Singapore to Outline Blueprint for 6G Mobile and 10Gbps Home Links
A new national blueprint, known as the Digital Connectivity Blueprint, is being drafted by the Ministry for Communications and Information (MCI), outlining plans for 6G ...
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