Apple will invest over $1 billion in Indonesia to build two factories, producing AirTags and accessories, aiming to resolve a sales ban and boost local production. This strategic move is part of Apple’s broader plan to diversify its manufacturing base and secure market access in Southeast Asia, despite past challenges in investment negotiations.
Results for: Southeast Asia
Vietnam will showcase its locally made weapons at an international arms fair in Hanoi, aiming to boost its domestic industry and explore export opportunities. The event features a diverse range of exhibitors, including major players from the US, Europe, and countries currently at war. This signals Vietnam’s growing role in the global arms trade and its efforts to enhance its defense capabilities.
The Vietnamese island of Phu Quoc is rapidly transforming into a global luxury tourism hotspot with the launch of the Rixos Phu Quoc resort, marking the brand’s Southeast Asian debut. This all-inclusive resort, coupled with significant infrastructure developments and increased international connectivity, positions Phu Quoc to compete with established luxury destinations worldwide.
Thailand’s Meetings, Incentives, Conventions, and Exhibitions (MICE) industry experienced a phenomenal 42% increase in overseas travelers in 2024, reaching nearly pre-pandemic levels. This success is attributed to strategic promotion, high-profile events like the 74th FIFA Congress, and a diverse range of international attendees. With ambitious projections for 2025, Thailand solidifies its position as a leading MICE destination.
Coinbase is aggressively expanding its presence in Southeast Asia, focusing on stablecoin initiatives in Thailand and the Philippines. This strategic move leverages the growing acceptance of stablecoins in the region and coincides with increasing optimism surrounding crypto-friendly policies in the US.
Malaysia has soared to 22nd place in the U.S. News & World Report’s ranking of the world’s friendliest countries, surpassing regional rivals and showcasing its booming tourism sector. The country’s welcoming spirit, coupled with progressive visa policies and sustainable tourism initiatives, solidify its position as a global travel hotspot.
Langham Hospitality Group (LHG) has partnered with Artisan Hospitality to bring The Langham, Kuala Lumpur to Malaysia in 2027. The hotel will be located in the Oxley Towers KLCC Complex, offering panoramic city views and convenient access to iconic landmarks. This marks LHG’s second Southeast Asian hotel announcement this year, further expanding their global presence.
Lion Air, Indonesia’s largest privately owned airline and a leading budget carrier in Southeast Asia, has joined the Association of Asia Pacific Airlines (AAPA). This move expands AAPA’s representation in the budget air travel segment and strengthens its position as the voice of international airlines in the Asia Pacific region.
Garuda Indonesia has significantly expanded its codeshare agreement with Oman Air, introducing new routes connecting Muscat to key Middle Eastern destinations. This strategic move provides seamless travel options for travelers between Southeast Asia and the Middle East, offering convenience, coordinated ticketing, and baggage handling across both airlines.
Tourism Malaysia celebrates the return of AirAsia’s direct flights from Da Lat, Vietnam to Kuala Lumpur and the launch of a new route from Chiang Rai, Thailand to Kuala Lumpur. These new routes enhance regional connectivity and provide more accessible travel options for visitors exploring Southeast Asia.