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
Israeli Company to Produce Cultivated Meat in Thailand
Israeli startup Aleph Farms has recently announced that it is collaborating with biomanufacturing specialists BBGI and Fermbox Bio to produce cultivated meat in Thailand. ...
Thailand Approves Incentives for Electric Trucks and Buses Adoption
Thailand’s National Electric Vehicle Policy Committee (EV Board) just approved incentives to encourage companies to transition their commercial fleets of large trucks and ...
Telco Giant Partners with UK to Strengthen Philippines Cybersecurity
Globe Telecom, a leading telecommunications company in the Philippines, has forged a partnership with the UK to enhance the country’s digital infrastructure defenses. ...
Thai and Singaporean Specialists Advance Floating Solar in Thailand
Thailand’s UMC Metals and New Energy Capital Asia from Singapore have inked a power purchase agreement (PPA) for a 1.6 MWp solar venture in Thailand, comprising both floating ...
Finnish Company Receives Singapore’s Regulatory Approval for Blood Analysis Technology
Nightingale Health, a Finnish company specializing in health risk detection and preventative health, has received regulatory approval from Singapore’s Health Sciences ...
SEDC Energy, Gallois New Energy to Build USD 1.3 Billion Graphite Plant in Bintulu
SEDC Energy Sdn Bhd, a subsidiary of Sarawak Economic Development Corporation (SEDC), a state government agency, has entered into an MoU with Gallois New Energy Materials (M) ...
Thales and Thaicom Collaborate for Unmanned Traffic Management
French multinational company Thales and Thaicom, a leading Thai satellite operator and provider of integrated satellite communications, are collaborating to establish an ...
Singapore’s Tourism Sector Recovers in 2023
In 2023, Singapore’s tourism sector showcased remarkable resilience and recovery, with international visitor arrivals reaching approximately 13.6 million, equivalent to ...
Aerodyne and DroneDash Revolutionize Cross-Border Logistics Between Malaysia and Singapore
Aerodyne Group, a Malaysian drone service provider, and DroneDash Technologies, Singapore’s pre-eminent air mobility infrastructure company, have announced a ...
ECCP and ARTA Forge Partnership for Business Ease in the Philippines
The European Chamber of Commerce of the Philippines (ECCP) and the Anti-Red Tape Authority (ARTA) have formed a partnership aimed at improving the business environment in the ...
Expansion of Marine Tilapia Farming in Singapore
Two additional fish farms, Millenia Farm and Grand Pacific Fishery, have joined pioneer Heng Heng Fish Farm in producing marine tilapia, a resilient and fast-growing food ...
Siam Piwat and Hyundai Department Store Forge a Global Retail Collaboration in Thailand
Siam Piwat Group, a prominent real estate and retail developer in Thailand, has partnered with Hyundai Department Store, the largest department store chain developer in South ...
Malaysia-EU Collaboration on Energy Transition and Water Security
The Malaysian government has pledged to work closely with the European Union (EU) to promote technology transfer for energy transition and bolster water security. This ...
SPMC Unveils First Hybrid Angio-CT Cathlab in Southeast Asia
The Southern Philippines Medical Center (SPMC) in Davao City has recently inaugurated a state-of-the-art hybrid angio-CT catheterization laboratory (cathlab) at its Heart ...
PUB and Partners to Construct World’s Largest Ocean-Based CO2 Removal Plant in Singapore
UCLA and Equatic, in collaboration with PUB, Singapore’s National Water Agency, are embarking on a groundbreaking initiative to combat climate change. Building upon ...
Thai Petrochemical Producer Moves Towards Bio-Based Products Manufacturing and Recycling
PTT Global Chemical Plc (PTTGC), Thailand’s leading petrochemical producer by capacity, is taking significant steps towards manufacturing and recycling bio-based ...
Japan’s Chitose Group to Expand the First Industrial Microalgae Production in Sarawak
Sarawak’s inaugural industrial microalgae production project, known as the Chitose Carbon Capture Central Sarawak (C4 Sarawak), is poised for substantial expansion ...
Philippine Government Okays 23 New Infrastructure Projects
The Philippines’ National Economic and Development Authority (NEDA) Board has approved an additional 23 projects in the list of infrastructure flagship projects (IFPs) ...
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