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

Vinmec Central Park International Hospital Joins Cleveland Clinic Connected Membership

Vinmec Central Park International Hospital Joins Cleveland Clinic Connected Membership

In May 2024, Cleveland Clinic and Vinmec Health System announced the inclusion of Vinmec Central Park International Hospital in the Cleveland Clinic Connected network. ...
Singapore Food Agency Enhances Fish Farming Infrastructure in Southern Waters

Singapore Food Agency Enhances Fish Farming Infrastructure in Southern Waters

The Singapore Food Agency (SFA) is exploring ways to enhance fish farming infrastructure in the southern waters, following the announcement that the Barramundi Group, the ...
UAE’s Defense Specialist Expands Across Asia with New Ammunition Production Line in Indonesia

UAE’s Defense Specialist Expands Across Asia with New Ammunition Production Line in Indonesia

The EDGE Group from the United Arab Emirates has announced a USD 27 million deal to provide Indonesian state-owned enterprise PT Pindad with an ammunition production line. ...
Nebula Energy’s Subsidiary AG&P LNG Collaborates with Vietnam to Develop an LNG Terminal

Nebula Energy’s Subsidiary AG&P LNG Collaborates with Vietnam to Develop an LNG Terminal

Nebula Energy's Dubai-based subsidiary, AG&P LNG, along with its partner, Vietnam's Hai Linh Company, has announced the commencement of commissioning activities for ...
US Company Wins Contract to Provide Compressor for Thailand’s First Sustainable Aviation Fuel Project

US Company Wins Contract to Provide Compressor for Thailand’s First Sustainable Aviation Fuel Project

Pennsylvania-headquartered Ebara Elliott Energy (EEE), formerly Elliott Group, recently announced it has been contracted to provide a motor-driven recycle compressor with a ...
Indonesia Launches Third Phase of New Capital Development

Indonesia Launches Third Phase of New Capital Development

Indonesia has launched the third phase of the Nusantara Capital City (IKN) project, which includes 25 project packages such as the construction of the National Police and ...
Malaysia to Receive Anka Drones from Turkey

Malaysia to Receive Anka Drones from Turkey

The Royal Malaysian Air Force (RMAF) has acquired three Anka Medium Altitude Long Endurance Unmanned Aerial Systems (MALE UAS) from Turkish Aerospace Industries (TAI). ...
Singapore Army Starts Using a New Light Machine Gun

Singapore Army Starts Using a New Light Machine Gun

The Singapore Army has started outfitting its infantry units with a new light machine gun (LMG) designed for close-quarters combat. Specifically, the army has been gradually ...
Philippines Explores Fruit Crop Partnerships with Spain to Boost Agricultural Innovation

Philippines Explores Fruit Crop Partnerships with Spain to Boost Agricultural Innovation

The Department of Foreign Affairs (DFA) announced that the Philippine government is considering partnerships in fruit crop development with Spain. A high-level delegation ...
Vietnam’s Retail Real Estate Market Attracts Foreign Players

Vietnam’s Retail Real Estate Market Attracts Foreign Players

Vietnam's retail real estate market is flourishing in both scale and quality, with major city shopping centers maintaining occupancy rates above 90%, according to a report ...
Thailand Seeks Collaboration with the US and Sweden to Replace 12 Fighter Jets

Thailand Seeks Collaboration with the US and Sweden to Replace 12 Fighter Jets

It has been revealed that Thailand's air force chief plans to visit Sweden and the U.S. ¡ to discuss the procurement of new fighter jets, potentially including a technology ...
Government Approves Three New SEZs, Aiming for USD 9.8 Billion Investment Value

Government Approves Three New SEZs, Aiming for USD 9.8 Billion Investment Value

The National Council for Special Economic Zones (KEK) in Indonesia has approved proposals for three new special economic zones (SEZs) in Batam, Tangerang, and Morowali. These ...

Explore Our Services