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

Water Management Plans Approved for Thailand’s Eastern Economic Corridor

Water Management Plans Approved for Thailand’s Eastern Economic Corridor

On 6 March 2020, the Eastern Economic Corridor (EEC) Policy Committee of Thailand endorsed the water management plans for both the short and long terms. The EEC currently is ...
Total to Develop Solar Rooftops for Thai Food Company Betagro

Total to Develop Solar Rooftops for Thai Food Company Betagro

Total, through its affiliate Total Solar Distributed Generation, has signed a binding contract to provide 25 MWp of solar rooftops for 24 facilities of one of the largest ...
Thai Pharma Company to Manufacture Three New Drugs for Complicated Ailments

Thai Pharma Company to Manufacture Three New Drugs for Complicated Ailments

Thai pharmaceutical company Siam Bioscience Group confirmed with the Bangkok Post that by 2022 the company plans to produce and sell three new drugs for cancer, kidney ...
Singapore Firm to Develop Smart Grid for PTT in Thailand

Singapore Firm to Develop Smart Grid for PTT in Thailand

Envision Digital International Pte Ltd (Envision) has been chosen to develop the first smart grid for Thai state-owned oil and gas company, PTT Public Company (PTT). The ...
Semi-Solid Lithium-ion Battery Manufacturing Facility to be Built in Thailand

Semi-Solid Lithium-ion Battery Manufacturing Facility to be Built in Thailand

Thailand-based Energy company Global Power Synergy Plc (GPSC) is building a USD 35.2 million battery cell plant in the country. The initial Manufacturing capacity will be 30 ...
Royal Thai Air Force Orders H135 Helicopters for Training Mission

Royal Thai Air Force Orders H135 Helicopters for Training Mission

As part of its pilot training enhancement programme, the Royal Thai Air Force (RTAF) has signed an order for six H135 military training helicopters from Airbus Helicopters. ...
EU-ASEAN Business Delegation Meet with Thailand’s Prime Minister

EU-ASEAN Business Delegation Meet with Thailand’s Prime Minister

On 17 February 2020, the EU-ASEAN Business Council (EU-ABC) organized a trade & investment mission, comprising of representatives from over 30 European companies and ...
Charoen Pokphand Group to Acquire Tesco’s Thai and Malaysian Operations

Charoen Pokphand Group to Acquire Tesco’s Thai and Malaysian Operations

On March 9, 2020, CP Group, Thailand's biggest agribusiness conglomerate, reached an agreement with British grocery chain Tesco to purchase its businesses in Thailand and ...
Bangkok to Build Railway Linking China and Singapore

Bangkok to Build Railway Linking China and Singapore

The Government of Thailand has committed to spending more than USD 21 billion to expand Bangkok's rail network linking Thailand to other countries such as China and ...
Singapore Launches New Central Body for Coordinating Community Sustainability Initiatives

Singapore Launches New Central Body for Coordinating Community Sustainability Initiatives

The Ministry of the Environment and Water Resources (MEWR) in Singapore has set up a new SG Eco Office, which will serve as the central body driving and coordinating ...

Singapore Government Announces SGD 55 Billion Package to Counter COVID-19 Impact

On 26 March, the Singapore government announced an additional stimulus package of SGD 48 billion (USD 33.6 billion), on top of SGD 6.4 billion (USD 4.5 billion) announced in ...
Singapore Based Banking-As-A-Service Provider Invests in E-Commerce Enabler

Singapore Based Banking-As-A-Service Provider Invests in E-Commerce Enabler

Singapore-based fintech company, MatchMove announced that it is making a strategic investment an agreement with local e-commerce enabler Shopmatic. This investment will ...

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