Southeast Asia
Delivery Hero ends negotiations for foodpanda business sale in SEA
Delivery Hero ends negotiations for foodpanda business sale in SEA
The company said they remain open to future M&A.
Deloitte’s Siah Weng Yew: Digital transformation demands shift in business models, mindset, and proactive approach
Weng Yew also emphasises the critical balance between digital innovation and maintaining robust internal controls.
ZALORA seizes opportunity in revenge tourists’ purchasing power
The e-commerce platform added more travel-related items catering to the rise in travel searches from customers.
Singapore dominates other SEA markets in cross-border e-commerce trade
Its total export is at $625b (US$457b).
Int’l businesses target ASEAN for supply-chain connectivity versus consumer market
Growth in sales for the region is expected to climb 23.2% in the next 12 months.
ASEAN launches negotiations on digital economy framework agreement
The framework aims to facilitate more seamless cross-border digital trade.
Sembcorp unit, Becamex to build 4 new Vietnam Singapore Industrial Parks
One of the four VSIPs will be built in Lang Son, Vietnam.
SBV joins Singapore’s central bank and other ASEAN countries in RPC initiative
It will boost collaboration on payment connectivity.
Keppel bags US$70m worth of EaaS contracts in Vietnam
The company inked contacts with Republic Holiday Inn amongst others.
Brands, key players ‘redefine’ food industry with sustainable, inclusive products
Various products flooded the 2023 Food Taipei Mega Shows from ready-to-eat meals that don’t require chewing to essences and face masks made from seafood.
Singapore, IEA partner to enhance regional power grid capabilities
The EMA and IEA will hold a training programme for more than 160 participants.
LG Ad Solutions, Tyroo ink deal to market CTV ad solutions in SG, other SEA markets
The CTV solutions are available on more than four million LG Smart TVs.
Negotiations on Telkom-Telkomsel integration ongoing – Singtel
Telkom is eyeing to integrate its fixed broadband business into Telkomsel.
GSS Energy, MECOM partner for EV business dev’t in Southeast Asia
They will focus on Singapore, Thailand, Indonesia, and Malaysia.
APAC Realty acquires 22% stake in ERA Vietnam for $4.9m
The acquisition will bring APAC Realty’s total stake in ERA Vietnam to 60%.
MAS inks regional payment connectivity memorandum with 4 SEA countries
The MOU will pave the way for faster and cheaper cross-border payments.
Sembcorp unit to acquire Vector Green for $474m
Vector Green has renewable power generation assets across 13 Indian states.
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