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
Dairy Products from Australia and New Zealand to Become Cheaper in Thailand
Australian and New Zealand exporters are set benefit from the full implementation of zero tariffs on dairy products under longstanding free trade agreements with Thailand. ...
Thai Firm Offers Sustainable Tapioca-based Thermoplastic Material for Food Industry
Thai Wah has introduced Roseco, a tapioca-based thermoplastic material designed as a sustainable packaging solution for the food industry. This innovative product is part of ...
Indonesian Government Announces New SEZs for Education and Health Sectors
The Indonesian government has launched two new special economic zones (SEZs), namely the Banten International Education, Technology, and Health SEZ and the Batam ...
Germany’s Engineering Company Linde Begins Supplying Industrial Gases to Freeport Indonesia
Linde, a globally renowned industrial gases and engineering company headquartered in Germany, has announced the commencement of its industrial gas supply to Freeport ...
US Company Introduces 10-Minute Charging Stations for Retrofitted Electric Motorcycles in Indonesia
Graphion Energy Solutions USA has announced the upcoming launch of a retrofitting operation and a network of 10-minute charging stations for electric motorcycles in ...
Indonesia Certifies 5.3 Million Products as Halal, Advances Global Islamic Economy Rank
Indonesia has reached a significant milestone with 5.3 million products now halal-certified, according to the Minister of Religious Affairs, Yaqut Cholil Qoumas. He noted ...
US-based SEG Solar Begins Construction of USD 500 Million Solar Industrial Park in Indonesia
U.S.-based solar module manufacturer SEG Solar has begun construction on an integrated photovoltaic industrial park in the Kawasan Industri Terpadu Batang (KITB) in Central ...
Subsidiary of Australian Group Secures USD 105 Million Contract for Mine Infrastructure in Sulawesi
Leighton Asia, a subsidiary of Australia’s Cimic Group, has been awarded a contract worth USD 105 million by PT Vale Indonesia to develop mine infrastructure in Sulawesi. PT ...
Indonesia’s Research and Food Agencies Collaborate for Food Registration Using AI
Indonesia’s National Research and Innovation Agency (BRIN) and the Food and Drug Supervisory Agency (BPOM) have partnered to explore the use of artificial intelligence ...
Specialty Chemical Distributor IMCD Opens Microbiology Laboratory in Jakarta
IMCD, a global distributor of specialty chemicals and ingredients, has opened a microbiology laboratory in Jakarta, Indonesia. The new facility will support product ...
Philippines and South Korea Forge Nuclear Energy Partnerships
The Philippines and South Korea have signed multiple Memoranda of Understanding (MOUs) to advance nuclear energy development in the Philippines. These agreements highlight ...
Dairy Industry Seeks Boost from Imports and Policy Reforms
The Philippine Chamber of Agriculture and Food, Inc. (PCAF) is advocating for increased dairy cattle imports and advancements in artificial insemination (AI) technology to ...
PBBM Signs Self-Reliant Defense Posture (SRDP) Revitalization Act
President Ferdinand R. Marcos Jr. (PBBM) has signed the Self-Reliant Defense Posture (SRDP) Revitalization Act, which aims to foster a robust and sustainable domestic defense ...
Converge ICT Taps Infinera for Subsea and Fiber Expansion Projects
Broadband provider Converge ICT Solutions Inc. has partnered with Nasdaq-listed Infinera Corp. to supply submarine line terminal equipment (SLTE) for the Philippine branch of ...
Philippines and South Korea Seal Mega Infrastructure Deals
The Philippines and South Korea have recently signed agreements to finance three major infrastructure projects, aimed at boosting connectivity and economic development in ...
7-Eleven Philippines Targets 500 New Stores in 2025
7-Eleven Philippines, operated by Philippine Seven Corporation (PSC), is gearing up for significant expansion in the coming years. The convenience store chain, which recently ...
Sweden and Philippines Forge Strategic Partnership for Cancer Care
The Philippines and Sweden have formalised a strategic partnership aimed at accelerating cancer control efforts, with Bataan serving as the pilot province. The collaboration ...
Copernicus Data Centre Unveiled in the Philippines
The Philippine Space Agency (PhilSA) recently unveiled the Copernicus Data Centre, a key milestone in the EU Global Gateway strategy. Located in Quezon City, this facility is ...
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