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

Singapore Moves to Improve Air Traffic Management

Singapore Moves to Improve Air Traffic Management

Singapore is planning to implement a new air traffic management (ATM) system in the latter half of the decade to manage the projected increase in flights and reduce delays. ...
Demand for Pet Food Soaring in the Philippines

Demand for Pet Food Soaring in the Philippines

Demand for pet food in the Philippines is on the rise, according to the US Department of Agriculture (USDA). The FAS in Manila projected that the pet food industry in the ...
Apple Supplier BOE Technology Invests in Vietnam

Apple Supplier BOE Technology Invests in Vietnam

BOE Technology Group, a Chinese display maker and a supplier to both Apple Inc and Samsung Electronics, intends to invest up to USD 400 million to develop two factories in ...
Thailand Inaugurates First Digital Free Trade Hub

Thailand Inaugurates First Digital Free Trade Hub

Thailand has inaugurated its first digital free trade hub as part of a collaboration with Alibaba aimed at enhancing the logistics and e-commerce sectors. The hub is a free ...
EOTECH to Supply Holographic Weapon Sights to Indonesian Army

EOTECH to Supply Holographic Weapon Sights to Indonesian Army

Known as the Tentara Nasional Indonesia (TNI), the Indonesian Military has selected American company EOTECH’s Holographic Weapon Sight (HWS) and magnifier for use by the ...
PAAB allocates MYR 1 Billion for Water Piping System

PAAB allocates MYR 1 Billion for Water Piping System

Pengurusan Aset Air Bhd (PAAB) allocates approximately MYR 1 billion each year to maintain and upgrade water piping systems throughout Peninsular Malaysia, according to Abdul ...
Singapore Ideal for Startups and Venture Capital in Asia

Singapore Ideal for Startups and Venture Capital in Asia

Looking ahead at Singapore's economy for 2023, there is a reason for optimism in the tech startup scene, especially for early-stage, deep tech companies and investors. While ...
General Atlantic Invests in Indonesian Dairy Company

General Atlantic Invests in Indonesian Dairy Company

US private equity firm General Atlantic has invested USD 130 million in PT Cisarua Mountain Dairy Tbk, an Indonesian dairy and food products company. Cimory has been in ...
HCMC Seaport System Requires More Effective Mechanisms

HCMC Seaport System Requires More Effective Mechanisms

The investment in the USD 6 billion international transshipment port in Ho Chi Minh City (HCMC) is said to be confirmed while waiting for the Ministry of Planning and ...
Gov’t Reveals 2023 Priorities for the Power Sector

Gov’t Reveals 2023 Priorities for the Power Sector

The Philippine Department of Energy (DOE) has unveiled its key priorities for 2023, top of which is pursuing contingency measures and activities to ensure energy supply ...
French Company Chooses Thailand for its Second Biobased Organic Acids Plant

French Company Chooses Thailand for its Second Biobased Organic Acids Plant

AFYREN, a French greentech company that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular ...
Thailand to Launch Its First Satellite as Part of Cooperation with the UK

Thailand to Launch Its First Satellite as Part of Cooperation with the UK

Thailand’s first satellite for earth exploration is being prepared for a launch scheduled for early 2023. It was recently reported that the Theos-2 satellite is currently ...

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