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

USD 238 Million Renewable Energy Industrial Complex to be Established in Sabah

Mar 2022 Malaysia, Environment

Suria Capital Holdings Bhd, a Sabah-based investment holding and property development company, has formed a partnership with trading firm Vandelay Ventures Sdn Bhd to develop ...

Projects Approved for Pre-feasibility Studies under the German-Indonesian Green Infrastructure Initiative

Mar 2022 Indonesia, Infrastructure

It has been revealed that 15 projects have been approved for pre-feasibility studies within the framework of the German-Indonesian Green Infrastructure Initiative (GII). The ...

Singapore Hospital Uses Smart Glass Device to Complement Telemedicine Services

Feb 2022 Singapore, Healthcare

Alexander Hospital is the first healthcare institution in Singapore and Asia Pacific to use Google Glass headsets, a wearable technology that provides doctors with real-time ...

Singapore Welcomes World’s First LNG-fuelled Newcastlemax Bulk Carrier for Bunkering

Feb 2022 Singapore, Environment

In February 2022, Australia’s multinational mining, metals and petroleum public company, BHP, welcomed the world’s first LNG-fuelled Newcastlemax bulk carrier, arrived in ...

Singapore to Develop its 1st High-tech Rainbow Trout Farm Using Danish Technology

Feb 2022 Singapore, Agrifood

Singapore plans to produce 30% of its local production by 2030. In this context, shrimp aquaculture technology specialist, Blue Aqua, recently announced that it will be ...

Thaigroup to Invest in Space Tourism in Vietnam

Feb 2022 Vietnam, Defense/Aerospace

Thaigroup, through its subsidiary ThaiSpace, is seeking to invest VND 30 trillion (USD 1.3 billion) into a tourism spaceport project in Phu Quoc City in Kien Giang Province. ...

Vietnam’s Construction Sector Set to Recover in 2022

Feb 2022 Vietnam, Infrastructure

Vietnam's construction industry is set to continue its recovery in 2022 as several large-scale infrastructure projects move through different stages of development. According ...

Prospects for FDI Attraction Bright in 2022

Feb 2022 Vietnam, Economy

According to the Da tu (Investment) newspaper, Vietnam expects foreign direct investment (FDI) to increase in 2022 and subsequent years, with positive signals seen as early ...

Vietnam Supports the Growth of Marine Aquaculture

Feb 2022 Vietnam, Agrifood

The Vietnamese government is encouraging greater investment in the country’s marine aquaculture sector. The country’s marine aquaculture output has increased by 20% every ...

Toto to Invest in a New Faucets Factory in Vietnam

Feb 2022 Vietnam, Manufacturing

Toto Ltd. has announced that it will build a new factory for faucets in northern Vietnam to meet growing global demand. Toto will invest about JPY 10 billion (USD 86.9 ...

Vietnam Nears Completion of Waste-to-energy Plant, the World’s 2nd Largest

Feb 2022 Vietnam, Energy

It has been recently reported that work on the first phase for the construction of the Soc Son Waste-to-Energy Plant is approaching completion. The plant is located next to ...

Ho Chi Minh City to Implement E-Transportation

Feb 2022 Vietnam, Environment

Rapid urbanization and economic development have placed enormous pressure on Ho Chi Minh City to meet people's needs while minimizing negative environmental impacts. To ...

Investments Flow into Medical Start-ups

Feb 2022 Vietnam, Healthcare

Over the past two years, the Covid-19 pandemic has spurred capital inflow into Vietnamese start-ups operating in the medical technology, medicine, and healthcare ...

Vietnam a Potential Market for Luxury Brands

Feb 2022 Vietnam, Retail/FMCG

Vietnam has a huge potential to become a new destination for luxury brands in the near future. The country’s rising high-income consumers are the main attribute to the ...

USD 71.66 Billion to Improve Water Infrastructure in Malaysia

Feb 2022 Malaysia, Environment

The Malaysian government is determined to identify and implement comprehensive long-term solutions to mitigate the impact and losses due to flood, following one of the worst ...

Malaysia to Achieve USD 191.09 Million in Revenue from Medical Travel in 2025

Feb 2022 Malaysia, Healthcare

The Malaysian government is targeting a direct revenue of MYR 800 million (USD 191.09 million) and MYR 1.7 billion (USD 410 million) from the medical tourism sector in 2022 ...

Galaxy Racer to Invest USD 10 Million into Malaysia’s e-Sports Ecosystem

Feb 2022 Malaysia, ICT

Galaxy Racer, a Dubai-based e-sports, gaming and lifestyle organization, is expected to invest MYR 42 million (USD 10 million) within the next five years to develop the ...

Southeast Asia’s Largest Drone Test Site Opens in Medini, Iskandar Malaysia

Feb 2022 Malaysia, Infrastructure

Iskandar Development Berhad (IIB), the investment holding company of Iskandar Malaysia in South Johor, has opened the largest drone test site (DTS) in Southeast Asia. Located ...

Explore Our Services