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

Malaysia Maintains Its Status as a Top 5 World LNG Exporter

Malaysia Maintains Its Status as a Top 5 World LNG Exporter

The International Gas Union’s latest annual LNG report indicates that Malaysia retained its position as the fifth largest exporter of liquefied natural gas (LNG) in 2023, ...
Malaysia Sees USD 18.2 Billion Investment in Q1 of 2024, Creating 29,000 New Jobs

Malaysia Sees USD 18.2 Billion Investment in Q1 of 2024, Creating 29,000 New Jobs

In the first quarter of 2024, Malaysia exhibited robust economic performance with approved investments totaling MYR 83.7 billion (USD 18.2 billion) across various sectors, ...
Qatar Airways Cargo Partners with MASkargo for Strategic Air Freight Collaboration

Qatar Airways Cargo Partners with MASkargo for Strategic Air Freight Collaboration

Qatar Airways Cargo and MASkargo, the cargo subsidiary of Malaysia Aviation Group, have signed a Memorandum of Understanding (MoU) to strengthen their collaborative cargo ...
Korea Ginseng Corp. Expands into Malaysia’s Functional Food Market

Korea Ginseng Corp. Expands into Malaysia’s Functional Food Market

Korea Ginseng Corp. (KGC), a subsidiary of South Korean tobacco giant KT&G Corp., focusing on health functional food products, has announced the launch of its red ginseng ...
Swiss Luxury Watch Brand Franck Muller Opens Its First Boutique in Vietnam

Swiss Luxury Watch Brand Franck Muller Opens Its First Boutique in Vietnam

Franck Muller, the Swiss luxury watch brand, just launched its first standalone store in Vietnam. Situated on Le Loi Street near the iconic Saigon Opera House, the boutique ...
Nokia and Foxconn Collaborate to Produce 5G AirScale Equipment in Vietnam

Nokia and Foxconn Collaborate to Produce 5G AirScale Equipment in Vietnam

Nokia is partnering with Foxconn to manufacture its 5G AirScale equipment at Foxconn's factory in Bac Giang province. Under this collaboration, Foxconn will produce Nokia's ...
Vietnam Partners with Foreign Investors to Develop Industrial Parks

Vietnam Partners with Foreign Investors to Develop Industrial Parks

In June 2024, the Vietnam Singapore Industrial Park Joint Venture Co. (VSIP) commenced construction on a new facility in Ha Tinh province. The VSIP Ha Tinh industrial park ...
Motorola Solutions Inaugurates Software and Analytics R&D Center in Vietnam

Motorola Solutions Inaugurates Software and Analytics R&D Center in Vietnam

US tech giant Motorola Solutions has recently opened a new research and development (R&D) center in Ho Chi Minh City, southern Vietnam, to advance data analytics and ...
Japan’s Watakyu Seimoa Corporation Opens New Medical Textile Plant in Vietnam

Japan’s Watakyu Seimoa Corporation Opens New Medical Textile Plant in Vietnam

Japan's Watakyu Vietnam, a textile product supplier for the healthcare industry, inaugurated a USD 33 million factory in Dong Nai province in June 2024. The opening ...
BCG Energy and South Korea’s SK Ecoplant Tie Up for Waste-to-Energy Development in Vietnam

BCG Energy and South Korea’s SK Ecoplant Tie Up for Waste-to-Energy Development in Vietnam

BCG Energy has partnered with South Korea's SK Ecoplant and Sudokwon Landfill Site Management Corp. (SLC) to collaborate on waste-to-energy solutions in Vietnam's Long An and ...
Vietnam’s Gas-to-Power Initiatives Secure USD 12 Billion Investment

Vietnam’s Gas-to-Power Initiatives Secure USD 12 Billion Investment

Vietnam Oil and Gas Group (Petrovietnam or PVN) has entered into multiple agreements with its partners to advance an integrated development project, which includes a gas ...
Vietnam and Switzerland Advance Economic and Trade Cooperation

Vietnam and Switzerland Advance Economic and Trade Cooperation

In June 2024, the Vietnamese Embassy in Switzerland and the Swiss-Viet Economic Forum (SVEF) hosted the Vietnam-Switzerland Economic Forum themed "Strengthening Ties, ...

Explore Our Services