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 Attracting Electric-Vehicle Manufacturers
The electric vehicles (EVs) sector is rapidly developing in Thailand, with a growing number of foreign players entering the market. The demand for EVs is expected to increase ...
Swedish Oatly Partners with Yeo’s for USD 30 Million Vegan Milk Factory in Singapore
Swedish oat milk producer Oatly and the Asian heritage beverage giant Yeo Hiap Seng (Yeo’s) have entered into a USD 30 million-worth long-term partnership to produce oat milk ...
South Korean SKC to Establish Copper Foil First Overseas Production Base in Malaysia
SKC Inc, the world’s largest producer of copper foil and part of South Korean conglomerate, SK Group is planning to spend USD 620 million to build its first overseas ...
Mitsubishi Corp Exploring Clean Fuel Ammonia Production in Central Sulawesi
Mitsubishi Corporation has entered into an agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC), Indonesia's PT Panca Amara Utama (PAU), and the Bandung ...
Foxconn and VinFast to Explore Partnership on Electric Vehicles
Foxconn, the world’s largest assembler of consumer electronics, has started discussions with Vingroup, the largest conglomerate in Vietnam, related to collaborating in the ...
Companies Planning to Open Vaccine Manufacturing Facilities in the Philippines
A number of companies are planning to establish vaccine manufacturing facilities in the Philippines in the next few years as the country continues its push to become "vaccine ...
Transportation Investment Identified as Key for Vietnam’s Economic Growth
Despite Vietnam’s spectacular economic growth, the country’s transportation infrastructure is still considered to be behind many other developing nations. The Vietnamese ...
Thailand to Unveil Mega Bridge Project, Advances Thai-China High-Speed Train Project
The Thai government will reveal the details of its planned Land Bridge between the Gulf of Thailand and the Andaman Sea in June, according to the Thai Transport Minister. The ...
Singapore Maritime Week 2021: New Frontiers, Shifting Paradigms
The 15th Singapore Maritime Week (SMW) 2021 will take place from 19 to 23 April 2021. The week-long event will bring together industry experts and thought leaders in the ...
Malaysia’s Mega Public Transportation Project MRT3 to Resume, Tender Bid Begins in August
Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), a Malaysian government-owned public transportation company has announced that the tender bid exercise for the Mass Rapid ...
Germany Plans USD 2.98 Billion in Development Assistance for Green Infrastructure Projects
Under the German-Indonesian climate initiative, Germany has agreed to provide EUR 2.5 billion (USD 2.98 billion) in loans to fund Indonesian infrastructure projects within ...
DPWH Begins Planning and Design Work on Three Infra Projects
The Department of Public Works and Highways in Central Visayas (DPWH-7) has begun the Detailed Engineering Design (DED) process for three major infrastructure projects in ...
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