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

Japan’s Nitori Group Sets Foot in Indonesia, Marking 10th Expansion in Asia

Japan’s Nitori Group Sets Foot in Indonesia, Marking 10th Expansion in Asia

Nitori Holdings Co., Ltd., headquartered in Sapporo, northern Japan, has revealed plans to open an inaugural store in Indonesia. The goal is to speed up further store ...
Singapore’s Sembcorp to Pioneer Indonesia’s First Utility-Scale Solar and Energy Storage Project

Singapore’s Sembcorp to Pioneer Indonesia’s First Utility-Scale Solar and Energy Storage Project

Sembcorp Industries (Sembcorp) has revealed that its wholly-owned subsidiary, PT Sembcorp Renewables Indonesia, has established a joint venture with PT PLN Nusantara ...
Indonesia Collaborates with Australian Livestock Specialist on Food Security

Indonesia Collaborates with Australian Livestock Specialist on Food Security

The Ministry of Cooperatives and SMEs (Kemenkop UKM) is embarking in a cooperation with the Australian livestock company Austrex to enhance the governance of Indonesia's ...
Indonesia’s Electronics Specialist and Thales Form Joint Venture to Enhance Indonesian Defense

Indonesia’s Electronics Specialist and Thales Form Joint Venture to Enhance Indonesian Defense

PT Len Industri and Thales celebrated a significant milestone in May 2024 with the signing of a joint venture agreement in Jakarta. The ceremony was attended by the Deputy ...
Indonesia Strengthens Workforce Collaboration with Switzerland

Indonesia Strengthens Workforce Collaboration with Switzerland

The governments of Indonesia and Switzerland have committed to pursuing stronger cooperation in the manpower sector, the Indonesian Manpower Minister stated after meeting ...
Vietnam An Attractive Investment Destination for Singapore Companies

Vietnam An Attractive Investment Destination for Singapore Companies

Singaporean companies are increasingly looking towards Vietnam as a strategic destination amidst shifts in manufacturing, the green transition, and advancements in artificial ...
Vietnam Partners with Denmark and Australia to Foster Sustainable Agriculture

Vietnam Partners with Denmark and Australia to Foster Sustainable Agriculture

In May 2024, the Danish Minister for Food, Agriculture, and Fisheries, along with a delegation of Danish agri-food companies, visited Vietnam to engage in high-level ...
Singapore Advocates for Green Data Centers Amid Rising AI Demand and Strained Energy Resources

Singapore Advocates for Green Data Centers Amid Rising AI Demand and Strained Energy Resources

Singapore is intensifying its focus on developing green data centers in response to the growing demand for artificial intelligence (AI), which significantly increases energy ...
Vinmec Central Park International Hospital Joins Cleveland Clinic Connected Membership

Vinmec Central Park International Hospital Joins Cleveland Clinic Connected Membership

In May 2024, Cleveland Clinic and Vinmec Health System announced the inclusion of Vinmec Central Park International Hospital in the Cleveland Clinic Connected network. ...
Singapore Food Agency Enhances Fish Farming Infrastructure in Southern Waters

Singapore Food Agency Enhances Fish Farming Infrastructure in Southern Waters

The Singapore Food Agency (SFA) is exploring ways to enhance fish farming infrastructure in the southern waters, following the announcement that the Barramundi Group, the ...
UAE’s Defense Specialist Expands Across Asia with New Ammunition Production Line in Indonesia

UAE’s Defense Specialist Expands Across Asia with New Ammunition Production Line in Indonesia

The EDGE Group from the United Arab Emirates has announced a USD 27 million deal to provide Indonesian state-owned enterprise PT Pindad with an ammunition production line. ...
Nebula Energy’s Subsidiary AG&P LNG Collaborates with Vietnam to Develop an LNG Terminal

Nebula Energy’s Subsidiary AG&P LNG Collaborates with Vietnam to Develop an LNG Terminal

Nebula Energy's Dubai-based subsidiary, AG&P LNG, along with its partner, Vietnam's Hai Linh Company, has announced the commencement of commissioning activities for ...
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