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 Introduces New Incentives for Auto Parts Joint Ventures
Thailand has introduced a new incentive program to encourage joint ventures (JVs) between Thai and foreign companies in the automotive parts manufacturing sector. This ...
South Korea’s KAI to Launch MRO Center for T-50TH Aircraft in Thailand
In August 2024, Korea Aerospace Industries (KAI) of South Korea and Thai Aviation Industries (TAI) of Thailand signed a Memorandum of Understanding (MoU) to enhance ...
American and Indonesian Companies Collaborate to Enhance Digital Healthcare in Indonesia
US-based data management company InterSystems has partnered with Indonesian electronic medical record (EMR) provider Zi.Care to deliver services through the InterSystems IRIS ...
Indonesian Telco Indosat and Huawei Complete Core Network Consolidation to Enhance Mobile Communication
Indosat Ooredoo Hutchison has completed a core network consolidation project in Jakarta in collaboration with Huawei, a global ICT solution provider. This project aims to ...
Finnish Company Supports Indonesia Enhancing Airport Weather Safety
Finnish measurement technology company Vaisala has signed a EUR 25 million contract (approximately USD 27 million) with Indonesia's Agency for Meteorology, Climatology, and ...
MINISO Opens Largest Store in Jakarta Amidst Booming Indonesian Retail Market
MINISO is set to open its largest store, MINISO Land, at Jakarta's Central Park Mall. This new flagship location will be the biggest of its 6,600 stores globally, marking a ...
Vietnamese EV Manufacturer Launches First Assembly Plant in Indonesia
VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, held a groundbreaking ceremony on July 15, 2024, for its first assembly plant in Subang, West Java. The ...
Evonik Expands Production Capacity for DL-methionine in Singapore
Evonik’s recent expansion of its methionine production facility on Jurong Island adds 40,000 tonnes to its annual output, bringing the total capacity to 340,000 tonnes per ...
FairPrice Partners with Lotte Retail to Bring More Korean Products to Singapore
Singapore’s FairPrice Group (FPG) has signed a partnership agreement with South Korea’s Lotte Retail, marking the first collaboration between the two retail giants in ...
LTA Launches Major Bus Network Expansion to Boost Connectivity and Accessibility Across Singapore
The Land Transport Authority (LTA) has announced the launch of the Bus Connectivity Enhancement Program (BCEP), aimed at improving Singapore's public bus network to better ...
Databricks Establishes Singapore as its Asia Pacific Hub
Databricks has officially established Singapore as its regional headquarters for the Asia Pacific and Japan (APJ) region, with plans to expand its workforce in the country ...
National Survey Shows Healthier Lifestyle Trends Among Singapore Residents
The recently released National Population Health Survey (NPHS) 2023 by Singapore's Ministry of Health highlights encouraging improvements in several lifestyle and preventive ...
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