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

Indonesia Establishes New Genomics Research Center

Indonesia Establishes New Genomics Research Center

Indonesia´s National Research and Innovation Agency (BRIN) has established a genomics facility at the Cibinong Science Center (CSC), in West Java, that will be used for ...
IHI, Petronas, TNB Collaborate on Ammonia Co-Firing Technology for a Carbon-Free Ammonia Supply Chain

IHI, Petronas, TNB Collaborate on Ammonia Co-Firing Technology for a Carbon-Free Ammonia Supply Chain

IHI Corporation, a Japan-based heavy-industry manufacturer, has signed an agreement with Malaysia's state-owned energy firm Petronas and the largest electricity utility in ...
ICTSI, PLDT Build 5G-Enabled ‘Intelligent’ Port

ICTSI, PLDT Build 5G-Enabled ‘Intelligent’ Port

International Container Terminal Services Inc. (ICTSI) has partnered with PLDT Inc. and Smart Communications Inc. to build and operate the first 5G enabled intelligent port ...
H&R GmbH Renews Commitment in Malaysia with Additional Investment of USD 48 Million

H&R GmbH Renews Commitment in Malaysia with Additional Investment of USD 48 Million

German company Hansen & Rosenthal (H&R) Group has announced that it will invest MYR 200 million (USD 48 million) in a specialty manufacturing plant in Lumut, Perak. ...
Household Spending to Recover in 2022

Household Spending to Recover in 2022

Household consumption in the Philippines could see sustained improvement in the near term amid slowing daily COVID-19 infection rates, analysts said. A more sustained ...
Malaysian Government to Accelerate Development of Electric Vehicle Technology

Malaysian Government to Accelerate Development of Electric Vehicle Technology

Malaysia's Ministry of Science, Technology, and Innovation (MOSTI) has launched The NanoMalaysia Energy Storage Technologies Initiative (NESTI) Program to support the ...
Freeport Indonesia to Build Copper Smelter Complex

Freeport Indonesia to Build Copper Smelter Complex

Freeport Indonesia, a joint venture between US-based Freeport-McMoRan and the Indonesian government, has begun to construct copper smelter and precious metal refinery in ...
Export Value for Agricommodity Sector to Hit USD 36.55 Billion

Export Value for Agricommodity Sector to Hit USD 36.55 Billion

Malaysia’s export value of its agricommodity sector in 2021 is expected to hit MYR 204 billion (USD 49.06 billion), a significant increase from MYR 152 billion (USD 36.55 ...
New Collaborations to Accelerate the Development of Malaysia’s EV Charging Infrastructure

New Collaborations to Accelerate the Development of Malaysia’s EV Charging Infrastructure

Yinson Green Technologies (M) Sdn Bhd has signed a term sheet with GreenTech Malaysia Alliances Sdn Bhd (GTMA), a subsidiary of the Malaysian Green Technology and Climate ...
Digital Payments in Thailand Quadruple from Pre-Pandemic Levels

Digital Payments in Thailand Quadruple from Pre-Pandemic Levels

In October 2021, the Central Bank of Thailand revealed that digital payments in the country have quadrupled from pre-pandemic levels. The number of daily transactions made ...
DHL Express, Pen Aviation Collaborate to Pursue Cargo Drone Delivery

DHL Express, Pen Aviation Collaborate to Pursue Cargo Drone Delivery

DHL Express, the leading international courier firm, and Pen Aviation, a Malaysia-based aviation solutions provider, have embarked on a partnership to commercialize ...
Decathlon Partners with Country’s Largest Mall Chain SM Supermalls

Decathlon Partners with Country’s Largest Mall Chain SM Supermalls

Decathlon, the world's largest sports retailer, and SM Supermalls, the Philippines’ largest mall developer, consolidated their partnership with further Decathlon store ...

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