ASEAN 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 Plans to Commit USD 82.7 Billion on Flood Prevention

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

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

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

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 ...
Felcra Bhd to Construct USD 4.2 Million Integrated Poultry Complex in Kedah

Felcra Bhd to Construct USD 4.2 Million Integrated Poultry Complex in Kedah

Felcra Bhd, an agency under the Malaysian Ministry of Rural Development, will construct a second Integrated Poultry Complex project for RM20 million (USD 4.2 million). The ...
Malaysia to be Low Carbon Nation by 2040

Malaysia to be Low Carbon Nation by 2040

The Malaysian Government has rolled out the National Energy Policy 2022-2040 (NEP) with key goals of enhancing macroeconomic resilience and energy security, achieving social ...
Japan Invests USD 1.96 Billion in Malaysia’s Strategic Sectors

Japan Invests USD 1.96 Billion in Malaysia’s Strategic Sectors

Malaysia received investments worth MYR 9.30 billion (USD 1.96 billion) in strategic and high-potential sectors such as electrical and electronic (E&E), Research & ...
Malaysia Explores Potential in Emerging Technology with UK and Somalia

Malaysia Explores Potential in Emerging Technology with UK and Somalia

Malaysia is looking at possible collaborations in the field of emerging technologies during the September 2022 ITU PP22 (Plenipotentiary Conference of the International ...
Canada to Support the Philippines’ Agri-Food Security

Canada to Support the Philippines’ Agri-Food Security

The Canadian Agriculture Minister Marie-Claude Bibeau recently visited Manila to increase trade and investment and promote Canadian agri-food products and ...
Etaily: Philippine E-commerce Market is Expected to Continue Growing

Etaily: Philippine E-commerce Market is Expected to Continue Growing

E-commerce enabler Etaily held its first media roundtable series in mid-September 2022, entitled "The Etail Insider", where some industry players shared the latest trends and ...
The Philippines to Establish 22 Cancer Hubs

The Philippines to Establish 22 Cancer Hubs

The Philippine government will open at least 22 cancer hubs to help low income patients, the Department of Health (DoH) recently announced. This is part of the PHP 529 ...
Wiring Harness Maker Yokowo Invests in USD 4 Million Factory in the Philippines

Wiring Harness Maker Yokowo Invests in USD 4 Million Factory in the Philippines

Yokowo Manufacturing of the Philippines, Inc., a unit of Japan's Yokowo Co. Ltd., recently signed a locator agreement with Science Park of the Philippines, Inc. (SPPI), which ...

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