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

Singapore’s NDCS Launches Mobile Dental Clinic to Serve 1,900 Seniors by 2028

Oct 2025 Singapore, Healthcare

The National Dental Centre Singapore (NDCS) launched a pioneering mobile dental clinic at Bright Hill Evergreen Home in Punggol, funded by a SGD 2.05 million (USD 1.64 ...

Sheng Siong’s USD 400 Million Expansion Targets 120 Stores in Singapore by 2040

Oct 2025 Singapore, Retail/FMCG

Sheng Siong Group, a Singapore-based grocery chain controlled by billionaire Lim Hock Chee and his family (net worth ~USD 1.8 billion), has announced an SGD 520 million (USD ...

FrieslandCampina’s New Singapore Lab Bolsters Asia-Pacific Food Innovation Hub

Oct 2025 Singapore, Agrifood

Dutch dairy cooperative FrieslandCampina launched its largest Asia-Pacific (APAC) Application Centre in Singapore, a state-of-the-art food innovation lab at Science Park ...

Air Liquide’s USD 156 Million Investment Boosts Singapore’s Semiconductor Hub Status

Oct 2025 Singapore, Manufacturing

Air Liquide, a French industrial gases organization, announced a EUR 130 million (USD 156 million) investment to expand its infrastructure in Singapore, reinforcing its role ...

Singapore’s GovTech Bolsters Singpass Security with 24/7 Anti-Fraud Team

Oct 2025 Singapore, ICT

Singapore’s Government Technology Agency (GovTech) has intensified Singpass security with a facial verification feature that activates randomly or upon detecting ...

Singapore Pioneers World’s First Digital Passport for Plastics to Boost Recycling

Oct 2025 Singapore, Environment

Singapore is making a digital “passport” system for plastics, claimed to be a world-first, to enhance recycling and extend the lifespan of its sole landfill, Semakau, which ...

ABB Powers Singapore’s First Floating LNG Terminal

Oct 2025 Singapore, Energy

ABB, a global company in electrification and automation, was awarded a contract by South Korea’s Hanwha Ocean to supply a complete electric power and propulsion system for ...

Singapore Rolls Out Self-Driving Shuttles in Punggol to Boost Connectivity by 2026

Oct 2025 Singapore, Infrastructure

Singapore launched its first self-driving shuttles in Punggol in September 2025, with public passenger services set to begin in 2026, as announced by Acting Transport ...

Singapore’s P-8A Aircraft Boost Anti-Submarine Defense and Deepen US Ties

Oct 2025 Singapore, Defense/Aerospace

Singapore’s acquisition of four Boeing P-8A maritime patrol aircraft, announced by Defence Minister Chan Chun Sing during a September 10, 2025, meeting at the Pentagon with ...

Singapore Targets Over 2-3% Growth Through AI and Workforce Upskilling

Oct 2025 Singapore, Economy

On September 22, 2025, Singapore’s Deputy Prime Minister Gan Kim Yong addressed Parliament, outlining a strategic vision to exceed the projected 2-3% annual economic growth ...

SM Group Targets Growth in the Expanding Wellness Economy

Oct 2025 Philippines, Retail/FMCG

The SM Group announced its commitment to capturing opportunities in the rapidly growing health and wellness market, as the Philippines continues to emerge as a key player in ...

Coca-Cola Europacific Partners and Aboitiz Break Ground on 42-Hectare Mega Plant in Tarlac

Oct 2025 Philippines, Manufacturing

Coca-Cola Europacific Aboitiz Philippines (CCEAP) has started construction of a 42-hectare manufacturing facility in Tarlac City, which will become Coca-Cola’s largest ...

First Balfour Adopts AI-Powered System to Streamline Construction Management

Oct 2025 Philippines, Infrastructure

First Balfour Inc., the construction and engineering arm of the Lopez Group, has launched an artificial intelligence (AI)-powered construction management system (CMS) to ...

US EdTech Firm Instructure Establishes Asian Hub in the Philippines

Oct 2025 Philippines, ICT

Instructure, a leading American educational technology company and developer of the Canvas Learning Management System (LMS), has chosen the Philippines as the location for ...

Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Oct 2025 Philippines, Healthcare

Singapore’s Temasek Group, through its impact investment arm ABC Impact Fund II LP, has finalized a deal to acquire a 16% stake in Ayala Healthcare Holdings Inc. (AC Health), ...

EU Strengthens Public-Private Partnerships for Circular Economy and Waste Management in the Philippines

Oct 2025 Philippines, Energy

The European Union (EU), in collaboration with the Philippine Public-Private Partnership (PPP) Center and the Department of Environment and Natural Resources (DENR), has ...

BOI Endorses PHP 6 Billion (USD 102 Million) Solar Project in Camarines Norte

Oct 2025 Philippines, Energy

The Board of Investments (BOI) has endorsed Citadel Energy Corporation’s PHP 6 billion (USD 102 million) 180-megawatt solar power project in San Vicente, Camarines Norte, ...

Philippines Secures PHP 51 Billion (USD 870 Million) in New Japanese Investments

Oct 2025 Economy

The Philippine economic team has secured around PHP 51 billion (USD 870 million) in new investments and project expansions from major Japanese conglomerates following ...

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