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

Malaysia Aviation Group Orders 30 New Boeing Jets to Modernize Fleet

Apr 2025 Malaysia, Defense/Aerospace

Malaysia Aviation Group (MAG) has confirmed an order for 30 new Boeing aircraft as part of its ongoing fleet renewal program. This strategic move aims to modernize MAG’s ...

Brazil Gains Strategic Market Access in Sarawak, Malaysia for Poultry and Beef Exports

Apr 2025 Malaysia, Agrifood

Brazil has secured a breakthrough in Southeast Asia with new market access to Sarawak, Malaysia, for its poultry and beef exports. The announcement came during the official ...

Singapore-Linked USD 788 Million Development to Rise Near Johor RTS Station

Mar 2025 Singapore, Infrastructure

A mixed-use development worth USD 788 million (MYR 2.6 billion) has been announced for the Bukit Chagar area in Johor Bahru, where the upcoming Johor Bahru-Singapore Rapid ...

Daiichi Sankyo and Terumo Vietnam Collaborate to Enhance Cardiovascular Care

Mar 2025 Vietnam, Healthcare

Terumo Vietnam Medical Equipment Co., Ltd. and Daiichi Sankyo Vietnam Co., Ltd. have signed a Memorandum of Understanding (MoU) to strengthen cardiology expertise in Vietnam. ...

Vietjet Taps AI and Big Data to Drive Sustainable Flight Operations

Mar 2025 Vietnam, Defense/Aerospace, Energy, Environment, ICT

Vietnam’s budget airline Vietjet is taking a bold step into AI-driven operational efficiency by signing a strategic partnership with OpenAirlines, a France-based firm ...

Cai Mep International Terminal Welcomes First Gemini Cooperation Vessel

Mar 2025 Vietnam, Infrastructure

Cai Mep International Terminal (CMIT), located in Ba Ria-Vung Tau province, officially received its first vessel from the WC1/TP6 service under the Gemini Cooperation. This ...

Autoliv’s Airbag Cushion Plant in Vietnam Nears Completion

Mar 2025 Vietnam, Manufacturing

Autoliv, Inc., a global manufacturer of automotive safety systems, is set to commence operations at its newly built airbag cushion manufacturing plant in Quang Ninh province, ...

British Retail Brands Eye Vietnam’s Expanding Market with Trade Deals in Place

Mar 2025 Vietnam, Retail/FMCG

The British Consulate General in Ho Chi Minh City is ramping up efforts to support more British retail brands—especially small and mid-sized businesses—in entering Vietnam’s ...

Coach Expands Coffee Shop Concept with Third Malaysian Outlet

Mar 2025 Malaysia, Retail/FMCG

Luxury leather goods brand Coach is expanding its hospitality venture with the launch of its third Coach Coffee Shop in Malaysia, its first within a commercial mall. ...

ASE Expands Presence in Malaysia with Fifth Semiconductor Facility in Penang

Mar 2025 Malaysia, Manufacturing

Taiwan-based ASE Technology Holding Co Ltd, the world’s largest provider of outsourced semiconductor assembly and testing services, has officially opened its fifth facility ...

Malaysia Sets 2028 Target for National Remote Sensing Satellite Operations

Mar 2025 Malaysia, Infrastructure

The Malaysian Ministry of Science, Technology, and Innovation has announced that the National Remote Sensing Satellite Development Programme (PSPJN) is scheduled to begin ...

Petronas and Partners Drive Next-Gen 5G Solutions with New R&D Lab

Mar 2025 Malaysia, ICT

Malaysia’s state-owned energy giant Petronas, in collaboration with its education arm Universiti Teknologi Petronas (UTP) and TM One, the enterprise solutions arm of Telekom ...

Singapore’s Black Group to Invest USD 74 Million in Medical-Hospitality Facility in Kuala Lumpur

Mar 2025 Malaysia, Healthcare

Singapore-based Black Group Investment Holding is investing USD 74 million to develop a cutting-edge medical and hospitality facility in Kuala Lumpur’s Golden Triangle. The ...

Malaysia’s Selangor State Invests in Water Treatment Plants and Infrastructure

Mar 2025 Malaysia, Environment

The Selangor government is intensifying efforts to secure a sustainable water supply by developing a new water treatment plant (WTP) and enhancing existing infrastructure. ...

Australia’s EXAL Group and Solarvest Partner to Advance Clean Energy in Malaysia

Mar 2025 Malaysia, Energy

Australia’s property developer EXAL Group has partnered with Malaysia’s publicly listed clean energy company, Solarvest Holdings Berhad, to incorporate sustainable energy ...

Malaysia Secures Record of USD 80 Billion in Approved Investments for 2024

Mar 2025 Malaysia, Economy

Malaysia achieved a historic milestone in 2024 with USD 80 billion (MYR 378.5 billion) in approved investments, marking a 14.9% year-on-year increase and signaling strong ...

UAE’s EDGE Group Expands Collaboration with Malaysia’s Ketech Asia on CAR 816 Rifle

Mar 2025 Malaysia, Defense/Aerospace

UAE-based EDGE Group has expanded its collaboration with Malaysian defense firm Ketech Asia, an advanced ammunition manufacturer and firearms solutions provider, to enhance ...

Malaysia’s Pahang State Government Strengthens Agricultural Ties with Australia Through Six MoUs

Mar 2025 Malaysia, Agrifood

The Pahang state government in Malaysia has formalized six memorandums of understanding (MoUs) with key Australian agricultural industry players. These agreements encompass ...

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