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NEWS TAGGED ASEAN
Friday 8 October 2021
Taiwanese companies triple investment in ASEAN
Taiwanese companies are investing in ASEAN more than in China this year. From January to August this year, investment in ASEAN countries has nearly tripled, compared to the same period...
Thursday 30 September 2021
Malaysia to issue five digital bank licenses in early 2022
The Central Bank of Malaysia is set to issue five digital bank licenses for the first time in early 2022 and the move is expected to push the country to become one of the leaders...
Tuesday 24 August 2021
VinFast partners with Gotion in LFP battery cell R&D
Vietnam's VinFast has disclosed it has signed an MoU with China's Gotion High-Tech, focusing on the procurement of Gotion's LFP batteries and discussion of the possibility of establishing...
Monday 16 August 2021
Southeast Asia roundup: Foreign investment pours in Thailand and Vietnam; Realme snatched the highest smartphone market share in the Philippines
Vietnam's semiconductor industry is expected huge growth over the course of five years. Despite being stricken by COVID-19, northern Vietnam attracts continuous foreign investment...
Tuesday 10 August 2021
Vietnam bans 2G and 3G handsets
Vietnam has banned imports and production of 2G and 3G handsets, but has plans to give 2.1 million smartphones to low-income families during 2021-2025, according to Vietnamnet<...
Monday 9 August 2021
Southeast Asia roundup: Apple strengthens Vietnam supply chain; COVID disrupts production
Apple is seeking to hiring more managers to accelerate the development of its supply chain in Vietnam. Meanwhile, the wosrening COVID pandemic in Southeast Asia is disrupting local...
Friday 6 August 2021
OSATs, power chips makers gain shifted orders from ASEAN
Shortages of automotive MOSFET and power management ICs are getting worse as many IDMs including Infinenon and On-Semi are operating at reduced capacity at their plants in Malaysia,...
Wednesday 4 August 2021
Vietnam to be third largest startup ecosystem in Southeast Asia, says Golden Gate Venture
Vietnam is expected to be the third biggest startup ecosystem by 2022, according to Golden Gate Ventures. There will be over 300 IPOs in 2030 in Vietnam, nearly three times the number...
Monday 2 August 2021
Southeast Asia roundup: COVID surge disrupts car production, prompts new rail route for cargo
A surge in COVID infections in Southeast Asia is hitting Japanese carmakers' production in the region. And COVID-inflicted disruptions to logistics services have prompted Vietnam...
Thursday 29 July 2021
ASC 100: Fabrinet, optical transceiver manufacturer, makes to the top 10 employers in Thailand
Fabrinet is one of the world's largest manufacturers of optical transceivers. Headquartered in George Town, Cayman island, Fabrinet was founded in 2000 by Seagate co-founder David...
Monday 26 July 2021
More industrial parks to be built in Vietnam province where Apple manufacturers are located
Vietnam's Bac Giang province, where many Apple manufacturers are located, plans to build 23 new industrial parks, expand the existing six parks, according to a local media report
Monday 19 July 2021
Vietnam most attractive to Europe-based enterprises operating in ASEAN
Of Europe-based enterprises operating in ASEAN, 60% think Vietnam offers the best opportunities for them to increase investment and expand operation in the region, according to a...
Friday 16 July 2021
Online banking services grow popular in Vietnam
Banks in Vietnam are pushing to digitalize their services with releases of smartphone apps amid the lingering coronavirus pandemic, according to a report by Vietnamnet.
Thursday 15 July 2021
Thailand smartphone market sees strong growth in 1Q21, says IDC
Thailand's smartphone shipments in the first quarter of 2021 grew 70.9% on year and 34.2% on quarter to 6.35 million units, according to IDC.
Friday 9 July 2021
ASC 100: Astra International
Since the sudden death of former president Michael D Ruslim in 2010, PT Astra International Tbk, Indonesia's largest conglomerate, has been led by Prijono Sugiarto, formerly sales...