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
New Partnership for Digital Logistics Solutions in Indonesia
Local logistic player GL Terminal and PT GUUD Logistics Indonesia (operating under the brand “Clickargo”, a subsidiary of Singapore's GUUD Pte Ltd) have announced the launch ...
mu Space Opens New Satellite and Space Factory in Thailand
Aerospace manufacturer and satellite internet service provider mu Space Corp. has just displayed to the public its brand-new satellite, the mu-B200 and the opening of Factory ...
MDEC Launches 4IR Catalyst Grant for Local and Foreign Technology Companies
The 4IR Catalyst Grant (4ICG) has been announced by the Malaysia Digital Economy Corporation (MDEC), a government body responsible for promoting the digital economy. The ...
Malaysia Launches National Trade Blueprint (NTBp) to Bolster Trade Competitiveness
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has unveiled the National Trade Blueprint (NTBp), which aims to boost the country's competitiveness by enhancing the ...
Korean Company, EnPlus, is First Electric Vehicle Manufacturer in PEZA Ecozone
The Philippine Economic Zone Authority (PEZA) has signed a Memorandum of Understanding (MoU) with South Korean company, EnPlus Co Ltd. to help set up joint ventures to ...
Itochu Expands to Indonesian Industrial Park
Japan-headquartered Itochu Corporation has announced that it has acquired an additional 105 hectares of land for development in Karawang International Industrial City (KIIC), ...
World’s1st Carbon Neutral Bicycle Tire Production Facility in Thailand
In September 2021, Italian bicycle manufacturer Vittoria Group announced the construction of a new factory in Thailand. The USD 20 million investment will see the company’s ...
Industrial Estate Authority of Thailand to Build USD 53 Million Industrial Estate
The Industrial Estate Authority of Thailand (IEAT) has just announced plans to build a new industrial estate Chachoengsao with a THB 1.76 billion (USD 53 million) budget to ...
Indonesia Unveils its Greenest Procurement Plan for the Power Sector
Indonesia has revealed the latest procurement plan, RUPTL 2021 – 30, created by the state utility Perusahaan Listrik Negara (PLN). It includes up to USD 35 billion for ...
Indonesia to Introduce New Tax Reforms
The Indonesian government has approved new tax measures aimed to boost 2022 revenues. The move aims to capitalize on increased spending demands following the contractions ...
Indonesia Establishes New Genomics Research Center
Indonesia´s National Research and Innovation Agency (BRIN) has established a genomics facility at the Cibinong Science Center (CSC), in West Java, that will be used for ...
IHI, Petronas, TNB Collaborate on Ammonia Co-Firing Technology for a Carbon-Free Ammonia Supply Chain
IHI Corporation, a Japan-based heavy-industry manufacturer, has signed an agreement with Malaysia's state-owned energy firm Petronas and the largest electricity utility in ...
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