Philippine Conglomerate Metro Pacific Agro Ventures (MPAV) recently announced that it is targeting PHP 1 billion (USD 18.2 million) in revenues over the next four years, driven mostly by its dairy business, for which MPAV is committed to double its revenues. In June...
Afry, a Swedish-Finnish supplier of engineering, design, and advisory services, has just closed a deal with Vietnam’ LIG-Huong Hoa 1 Joint Stock Company to become the owner’s engineer for the 48 MW Huong Hoa 1 onshore wind farm. LIG-Huong Hoa 1 is a project company...
The Bangkok Post recently reported that Thailand’s Intermedical Care and Lab Hospital Plc (IMH) is collaborating with the Pornnarit Group to establish the IMH Medical Hub. The project is valued at THB 1.2 billion (USD 34 million) and is located in Samut...
In February 2023, Indonesia’s maritime and logistics operator, PT Meratus Line, announced a partnership with Google Cloud and PT Metrodata Electronics Tbk to enhance its customer focus and drive digital innovation within the company. The collaboration involves...
Scientex Group, a Malaysian flexible packaging firm, has collaborated with SABIC, a Saudi chemical manufacturing company, to create the world’s first flexible food packaging based on advanced recycled ocean-bound plastics (OBP), using circular polypropylene (PP)...
The Cyber Security Agency of Singapore (CSA) will launch a scheme in May 2023 to develop cybersecurity health plans with funding support for small-medium enterprises (SMEs). The scheme will see cybersecurity consultants take on the role of the SMEs’ “Chief Information...
The Department of Trade and Industry (DTI) has renewed its call for the resumption of talks for a free trade agreement (FTA) with the European Union (EU). In a meeting with the members of the European Parliament Sub-Committee on Human Rights, DTI Trade Secretary...
A recent report from KPMG International Ltd and HSBC Holdings Plc has disclosed that the number of startups in Vietnam almost doubled between the start of the Covid-19 pandemic and mid-2022. The growth is supported by some of the biggest investors in the world, such...
Thai agro-industrial and food conglomerate CP Foods recently announced plans to increase the installation of solar panels at 180 animal farms, feed mills, and processing plants across Thailand, with a total capacity of 65 Megawatts (MW) by 2023. The company is gearing...
The South Australian Government is leading the way in the hydrogen trading market with a new USD 12.5 million initiative to generate low-cost green hydrogen from renewable resources and export it to Indonesia. Partially funded by Japan’s Ministry of the Environment...
During German President Frank-Walter Steinmeier’s three-day official visit to Malaysia in February 2023, he praised Malaysia as a prime destination to diversify businesses, citing that over 700 German companies operate in Malaysia, many of which run production plants...
Singapore and the European Free Trade Association (EFTA) have launched negotiations on an EFTA-Singapore Digital Economy Agreement (DEA). EFTA and Singapore share strong trade and investment relations underpinned by the 2003 EFTA-Singapore Free Trade Agreement. The...
