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
Thailand’s Exports Rise by 13% as the Economy Recovers
The Thai economy is on track to recover from the adverse effects of the Covid-19 pandemic, as illustrated by the recent announcement that the South East Asian´s exports rose ...
Singapore’s 2021 Economic Growth Could Exceed Forecast of 4% to 6%
According to the latest report by the Monetary Authority of Singapore (MAS), the recent tightening of domestic restrictions and border controls will cause a near-term setback ...
Shopee Malaysia’s Various Partnerships Generate USD 240 Million in Sales
Malaysia’s largest online shopping platform, Shopee, has announced MYR 1 billion (USD 240 million) in sales in the country since the first movement control order (MCO) that ...
Megaworld Corporation Readies Philippines’ Largest Real Estate Investment Trust (REIT) Listing
Megaworld Corp plans to raise PHP 27.3 billion (USD 567 million) from its Initial Public Offering (IPO) of MREIT, Inc., its real estate investment trust (REIT), by selling 49 ...
Indonesia’s Newest Economic Zone Seeks USD 17 Billion Investments
Indonesia’s newest special economic zone expects to attract about USD 17 billion in investments, now that it is open to foreign investors and comes with a series of tax ...
Vietnam to Receive Beechcraft T-6 Texan II Aircraft from the United States
In June 2021, it was revealed that the US Air Force (USAF) agreed to supply Vietnam with the Beechcraft T-6 Texan II turboprop trainer/light-attack aircraft. The agreement ...
Singapore to Set Up New Cyber-Security and Information Center for ASEAN Defense Exchanges
Singapore is poised to set up a new Cybersecurity and Information Center to allow exchanges among ASEAN defense establishments in response to threats posed by cyber-attacks, ...
Philippines Considers Submarine Procurement from South Korea
The Philippine Defense Assistant Secretary for Logistics and Acquisition visited the Republic of Korea Navy's (RoKN's) Submarine Force Command and held talks with his ...
Malaysian Drone Company Partners with Thai Players for Joint Venture for Infrastructure Inspection
Malaysian drone company Aerodyne Group has created a new Joint Venture (JV) with Thai partners AI and Robotics Ventures and Digital Creation. The JV will be called AeroSky, ...
Indonesia Outlines USD 125 Billion Modernization Plan for the Military, Attracts Wave of Foreign Providers
Indonesia has drafted an outline for an investment of USD 125 billion as part of a new 25-year modernization plan. The initiative is indicative of the country´s military ...
DHL Express Increases Flight Frequency to Penang as E-Commerce Activities Surge
International express courier, DHL Express continues to see an increase in flight frequencies in Malaysia, resulting from the growth of shipment volumes within the Asian ...
Vietnam Enhances Cooperation with Norway and Switzerland on Agriculture Technologies
The Vietnam government is implementing an ambitious agriculture sector transformation program and is partnering with foreign players in order to progress on its technical and ...
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