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
BYD to Produce 150,000 EV Passenger Cars in Thailand
Global electric vehicle (EV) manufacturer BYD has just revealed plans to set up a facility in Thailand that will produce 150,000 passenger cars per year starting from ...
Thailand´s Largest Beverage Company Commits to Expansion
Thailand's largest beverage company, Thai Beverage (ThaiBev), has confirmed its commitment to spend THB 5-8 billion (USD 130-210 million) to expand its businesses in 2023, ...
South Korea’s BHC Chicken Expands in Southeast Asia Through Malaysia
The BHC Group, South Korea's second-largest chicken franchise by sales, has announced the opening of its third store in Malaysia in November 2022 as part of its strategy to ...
Chevron Oronite Completes Phase 1 and 2 of Its Singapore Expansion
Chevron Oronite announces the completion of Phase 1 and Phase 2 of an expansion project at its Singapore Manufacturing Plant (SMP), known as the 'Future Expansion Project'. ...
Singapore’s First Integrated Construction Park at Jurong Port
Singapore's first integrated construction park, located at Jurong Port, will be operational in December 2022. It will bring together key supply chain players in the ...
Biomed Start-up Hummingbird Bioscience Opens New Facility in Singapore
Singapore-based biomedical start-up Hummingbird Bioscience, which specializes in developing antibodies for cancer treatment, on Friday launched a new facility to expand its ...
Verified Carbon Credits for Singapore
Singapore’s National Environment Agency (NEA) has signed separate memorandums of understanding with two of the world’s biggest international carbon offset standard programs, ...
Malaysia Explores Sandbox Sites to Develop Medical Technologies
Malaysian Minister of Health Khairy Jamaluddin has announced five hospitals as sandbox sites for solution providers to test-bed medical and healthcare technologies. The five ...
Malaysia Plans to Commit USD 82.7 Billion on Flood Prevention
Malaysia’s Environment and Water Ministry projected that the country will have to spend MYR 392 billion (USD 82.7 billion) on flood mitigation measures up until 2100. In the ...
Malaysia’s Independence X Aerospace Invents World’s Smallest Satellite
Independence X Aerospace, an aerospace tech company from Malaysia, has invented the world's smallest satellite. The satellite is measured at 30mm and is fully functional in ...
CFM, Energy Absolute to Invest USD 1.05 Billion to Expand RE Products in Malaysia
Malaysia-based Computer Forms (Malaysia) Bhd (CFM) and Thailand’s electric services provider, Energy Absolute Public Company Ltd will set up a joint-venture (JV) company to ...
UK-based GKN Aerospace Opens Regional Facility in Johor
An international aerospace and automotive components firm from the UK, GKN Aerospace has invested USD 35 million to establish a service and research center in Johor's ...
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