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

Philippines Allocates USD 4.63 Billion for Flood Control in 2025 Budget

Philippines Allocates USD 4.63 Billion for Flood Control in 2025 Budget

The Philippine government has proposed a budget of USD 4.627 billion (PHP 257.06 billion) for flood control in 2025, marking a significant investment in mitigating the ...
PEZA and FDA Sign Agreements to Boost Philippine Pharma-Medical Sector

PEZA and FDA Sign Agreements to Boost Philippine Pharma-Medical Sector

The Philippine Economic Zone Authority (PEZA) and the Food and Drug Administration (FDA) recently signed two significant agreements aimed at enhancing the pharmaceutical and ...
Taiheiyo Cement Inaugurates USD 234 Million Plant in Cebu, Boosting Philippine Cement Production

Taiheiyo Cement Inaugurates USD 234 Million Plant in Cebu, Boosting Philippine Cement Production

The Department of Trade and Industry (DTI) announced the inauguration of Taiheiyo Cement Philippines Inc.’s (TCPI) new USD 234 million (PHP 12.8 billion) production plant in ...
Bio Farma and Novo Nordisk Partner to Boost Diabetes Treatment in Indonesia

Bio Farma and Novo Nordisk Partner to Boost Diabetes Treatment in Indonesia

Bio Farma and Novo Nordisk Indonesia have entered into a collaboration to develop local manufacturing processes for diabetes medications in Indonesia. This partnership aims ...
Indonesian Telco Indosat Unveils AI Tools to Enhance the Domestic Oil and Gas Industry

Indonesian Telco Indosat Unveils AI Tools to Enhance the Domestic Oil and Gas Industry

Indosat Ooredoo Hutchison has introduced a set of AI-powered, cloud-based tools aimed at improving the upstream oil and gas sector in Indonesia. The tools, offered through ...
MCC to Launch USD 649 Million Infrastructure and Finance Compact in Indonesia

MCC to Launch USD 649 Million Infrastructure and Finance Compact in Indonesia

Millennium Challenge Corporation's (MCC) CEO Alice Albright recently visited Indonesia to review the progress on the USD 649 million Indonesia Infrastructure and Finance ...
Malaysia Targets Enhanced Aquaculture Production through Advanced Technology

Malaysia Targets Enhanced Aquaculture Production through Advanced Technology

Malaysia is set to boost its aquaculture production to 40% of its total fisheries sector by 2030, aiming to meet the country's growing fishery demands. The government, led by ...
Malaysian Army Orders Norwegian-Finnish Made M72 Anti-Tank Weapons

Malaysian Army Orders Norwegian-Finnish Made M72 Anti-Tank Weapons

The Malaysian Army has ordered 800 M72 LAW-EC (Lightweight Anti-Tank Weapons) from Nammo, a joint venture between Norway and Finland. This procurement is part of Malaysia’s ...
Malaysia Unveils Plan to Attract USD 63 Billion in Green Investments by 2030

Malaysia Unveils Plan to Attract USD 63 Billion in Green Investments by 2030

The Malaysian Investment, Trade and Industry Ministry (MITI) is set to develop a strategic plan to boost green investment and establish Malaysia as a leading regional green ...
Sarawak Petchem Opens USD 1.5 Billion Methanol Facility

Sarawak Petchem Opens USD 1.5 Billion Methanol Facility

The inauguration of Sarawak Petchem Sdn Bhd’s USD 1.5 billion (MYR 7 billion) methanol complex represents a pivotal development for Malaysia, enhancing its status as a ...
Bursa Malaysia Launches Malaysia’s First Nature-Based Carbon Credit Auction

Bursa Malaysia Launches Malaysia’s First Nature-Based Carbon Credit Auction

Bursa Malaysia Bhd, the nation's stock exchange, has launched Malaysia’s first nature-based carbon credit auction to expedite the development of domestic carbon projects. ...
Malaysian Health Ministry Integrates Medical Technology, Targets 900 Clinics for Virtual Consultations

Malaysian Health Ministry Integrates Medical Technology, Targets 900 Clinics for Virtual Consultations

The Malaysian Ministry of Health (MOH) plans to extend virtual consultation services to 900 health clinics nationwide by the end of the year. These services will cover ...

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