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

Corsight AI Partners with RXS Meta Group to Expand Retail Facial Recognition in the Philippines

Nov 2025 Philippines, Retail/FMCG

Corsight AI has entered a new partnership with Roxas Management Consultancy of the RXS Meta Group to bring its facial recognition software to retailers across the ...

Murata Completes New Production Facility in Batangas to Expand MLCC Output

Nov 2025 Philippines, Manufacturing

Murata Manufacturing has completed a new production building at its Philippine subsidiary in Tanauan, Batangas, further strengthening its global capacity for multilayer ...

Converge Activates First Direct US–Philippines Link via Bifrost Subsea Cable

Nov 2025 Philippines, ICT

Converge ICT Solutions has announced that the 20,000-kilometer Bifrost Cable System is now ready to carry data traffic to and from the Philippines, marking the country’s ...

US Infrastructure Investor Reaffirms Strong Confidence in the Philippines Amid Expanded Cold Chain Investments

Nov 2025 Philippines, Infrastructure

Global infrastructure investment firm I Squared Capital has reaffirmed its strong confidence in the Philippines and its commitment to expand long-term investments in the ...

Government Launches Telepharmacy Pilot to Expand Access to Medicines

Nov 2025 Philippines, Healthcare

The Philippine government has launched a two-year pilot program that will allow licensed pharmacists to supervise multiple drugstores remotely, aiming to improve access to ...

Philippines and Sweden Deepen Cooperation on Sustainable Mining and Critical Minerals

Nov 2025 Philippines, Environment

The Philippines and Sweden have agreed to strengthen cooperation on sustainable mining and the development of critical minerals needed for the global clean energy transition. ...

Philippines and Japan Sign Four-Year Cooperation Deal on Renewable Energy Technology

Nov 2025 Philippines, Energy

The Philippines and Japan have signed a four-year memorandum of cooperation to accelerate clean energy development and technology exchange between the two countries. The ...

European Philippine Business Dialogue 2025 Reinforces Momentum for Stronger EU PH Trade Relations

Nov 2025 Philippines, Economy

The 2025 European Philippine Business Dialogue in Makati brought together senior Philippine officials, European Union diplomats, and business leaders in strong support of ...

Philippines Moves to Deepen Defense Ties with Canada Through New VFA

Nov 2025 Philippines, Defense/Aerospace

The Philippines and Canada will formalize a new Status of Visiting Forces Agreement (SOVFA) on November 2, marking a significant expansion of Manila’s defense partnerships. ...

New USD 3.4B Law to Boost Livestock, Poultry & Dairy

Nov 2025 Philippines, Agrifood

The Philippines has enacted RA 12308, allocating PHP 200 billion (USD 3.4 billion) over 10 years to modernize the country’s livestock, poultry, and dairy sectors. The law ...

Xiaomi Unveils Its Biggest Singapore Outlet at Jewel Changi Airport

Nov 2025 Singapore, Retail/FMCG

Xiaomi has expanded its retail footprint in Singapore with the opening of one of its largest stores in the country at Jewel Changi Airport, marking the brand’s 10th official ...

Hyundai Motor Group Partners with NTU and A*STAR to Launch Singapore’s First Automotive Corporate Lab

Nov 2025 Singapore, Manufacturing

Hyundai Motor Group, Nanyang Technological University (NTU Singapore), and A*STAR have jointly launched a new Corporate Lab at the Hyundai Motor Group Innovation Center ...

FairPrice Group Secures Approval for Remotely Supervised Autonomous Vehicles in Urban Logistics

Nov 2025 Singapore, Infrastructure

The Land Transport Authority has approved FairPrice Group, operator of the popular FairPrice supermarket chain, to operate remotely supervised autonomous vehicles (AVs) on ...

Singtel, Enterprise Singapore, and IMDA Unveil Cyber Protect Program to Shield SMEs from Escalating Digital Threats

Nov 2025 Singapore, ICT

Singtel, Enterprise Singapore (EnterpriseSG), and the Infocomm Media Development Authority (IMDA) have launched the Cyber Protect Programme, a national initiative to ...

KKH Pioneers Singapore’s First Specialized Pediatric Burn Center

Nov 2025 Singapore, Healthcare

Singapore’s KK Women’s and Children’s Hospital (KKH) has inaugurated the nation’s inaugural specialized pediatric burn center, designed to deliver ...

Singapore Sets Aside 300 Hectare on Jurong Island to Power Its Low-Carbon Future

Nov 2025 Singapore, Environment

Singapore’s Jurong Island, a key hub for energy and chemicals production, has earmarked about 300 hectares, equivalent to 10% of its total land area, for the ...

Singapore, Chile, and New Zealand Initiate Negotiations for Green Economy Trade Agreement

Nov 2025 Singapore, Energy

Singapore, Chile, and New Zealand have kicked off formal negotiations for the Green Economy Partnership Agreement (GEPA), a pact aimed at harmonizing trade rules to boost ...

Singapore’s MAS Unveils USD 11.2 Million Grant to Propel Financial Firms into Carbon Trading

Nov 2025 Singapore, Economy

The Monetary Authority of Singapore (MAS) has introduced an SGD 15 million (about USD 11.2 million) Financial Sector Carbon Market Development Grant to galvanize banks, ...

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