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 and Philippines Sign MoU to Boost Healthcare Collaboration
A Memorandum of Understanding (MoU) has been signed between the Health Ministries of Malaysia and the Philippines to foster collaboration in various areas of the healthcare ...
Green Energy Master Plan Launched in Kedah
Menteri Besar Kedah Incorporated (MBI Kedah) has launched the state’s Green Energy and Renewable Energy Master Plan which is supposed to provide guidance in Kedah's ...
ASEAN Aims to Eliminate Transboundary Haze by 2020
ASEAN’s Sub-regional Ministerial Steering Committee (MSC) on Transboundary Haze Pollution, comprising Brunei Darussalam, Indonesia, Malaysia, Singapore and Thailand, reached ...
USD 5.4 Billion to be Invested in Second Phase of Jakarta MRT
PT MRT Jakarta is planning to extend the Mass Rapid Transit (MRT) track over the next seven years. The total investment needed is estimated to be USD 5.40 billion.
The ...
US Company Wins Monitoring Solutions Contract from Indonesian Satellite Operator
Pasifik Satelit Nusantara (PSN) Consortium, led by Indonesian satellite operator PSN, has selected San Diego-based Kratos security solutions provider, Defense & Security ...
Plans to Build A Second Airport in Bali
Indonesia plans to build a second airport in Bali located in the northern village of Kubutambahan, Buleleng Regency. The proposed international airport will cater to budget ...
PAL Indonesia Signs Agreement with ThorCon to Build Nuclear Reactor
Indonesian state-owned company, PT PAL Indonesia, which manufactures ships for military and civilian use, has signed an agreement with Thorcon International Pte Ltd, for a ...
New Indonesian Regulation Provides Incentives for EV Industry
On 5 August 2019, Indonesia's President Joko Widodo signed presidential regulation (Perpres) on electric vehicles (EVs) to provide government support in order to promote the ...
Indonesia Preparing Cross Border E-Commerce Regulation
The Indonesian government is preparing a cross border e-commerce regulation with the aim of controlling the flow of imported goods in the market. Currently, the government is ...
Indonesia Exploring Waste-To-Energy Plants to Address Waste Issue
The Indonesian government is looking to build waste-to-Energy plants in four cities - Jakarta, Surabaya, Bekasi and Solo - this year as an effort to solve the country’s ...
DKSH Partners with Tokopedia for Consumer Goods Distribution in Indonesia
DKSH Business Unit Consumer Goods, through its Indonesian partner Wicaksana, has partnered with e-commerce giant, Tokopedia, to distribute consumer goods on the ...
Agreement Signed for Medical Blockchain Project in Batam, Indonesia
Batam Development Authority (BP Batam), BP Batam Hospital and healthcare blockchain company, dClinic signed an agreement on 26 July 2019 creating BMB (Batam Medical ...
Vinpearl Air: New Player in Vietnam Aviation Market
Vinpearl Air JSC, whose former name is VinAsia Trade Development and Services JSC, has been granted a business license by the Hanoi Department of Planning and Investment, ...
Vietnam’s Exports Rise by 7.2% Y-O-Y During 1H2019
According to the General Department of Customs of Vietnam, for the first six months of 2019 Vietnam has a trade surplus of USD 1.59 billion. Exports during this period ...
More Electronics Firms Eye Vietnam for New Manufacturing Facilities
A subsidiary of the Foxconn Technology Group, the world’s largest electronics contract manufacturer, is studying the feasibility of building a TV screen assembly plant in the ...
Japanese Investment in Vietnam’s Infrastructure Surges
Since the launch of Japanese Partnership for Quality Infrastructure Initiative, total investment from Japan in Vietnam’s Infrastructure including completed and pending ...
HPV Vaccination Program to be Rolled Out in Vietnam
On 24 July in Hanoi, the Ministry of Health, the United Nations Population Fund (UNFPA) and the US-based pharmaceutical company Merck Sharp & Dohme (MSD) signed an agreement ...
Ho Chi Minh City Collaborates with UK for Smart Ticket System
On July 17, Ian Gibbons, Consul General of the UK in Ho Chi Minh City (HCMC) and Le Hoa Binh, director of the municipal Department of Construction for HCMC signed a ...
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