In March 2024, a large American business delegation, which includes Meta, Boeing, and wind energy company GE Vernova, visited Vietnam to seek investment opportunities with local partners. The business trip indicates sustained corporate interests in the Southeast Asian...
Swiss aviation services company Swissport International AG has been selected by Vietnamese low-cost carrier Vietjet Air to provide a wide range of airport ground services. Swissport will also support and advise Vietjet Air in developing advanced air cargo handling...
Vinamilk, Vietnam’s largest dairy company, has introduced its latest offering, the Vinamilk Green Farm fresh milk, produced from eco-conscious farm ingredients and employing dual vacuum technology to preserve its natural taste. Unveiled during the...
Shell, an international oil and lubricant company, has begun constructing Indonesia’s first Grease Manufacturing Plant (GMP). It represents an additional investment alongside Shell’s existing Lubricants Oil Blending Plant (LOBP) in Marunda, Bekasi, West...
New York-based brand Coach officially entered the hospitality market with the opening of the Coach Restaurant and Coach Coffee Shop in Jakarta’s Grand Indonesia Mall in March 2024. Coach stated that the opening of the shop signifies the beginning of a series of...
Venturi Partners, a Singapore-based growth equity firm, announced a USD 25 million investment in the expansion of global discount grocery chain DALI, marking its second investment in the Philippines. DALI, with over 200 branches nationwide, is a hard-discount retailer...
The Philippine government has secured a loan of PHP 37 billion (USD 770 million) to fund the construction of a road project announced by the Department of Public Works and Highways (DPWH). Finance Secretary Ralph G. Recto and Japan International Cooperation Agency...
US-based investment firm KKR is injecting USD 400 million into telco tower development in the Philippines, as confirmed by the US Department of Commerce. Through independent telecom tower operator Pinnacle Towers, KKR plans to develop and acquire around 2,000 towers...
Lufthansa Technik Philippines (LTP) has revealed plans for a USD 150 million investment to construct a second hangar at the Clark International Airport (CIA). This initiative aims to strengthen LTP’s aircraft maintenance, repair and overhaul (MRO) capabilities...
PLDT Enterprise, the corporate arm of telecommunications and digital services provider PLDT Inc., has announced a strategic partnership with Charoen Pokphand Foods Philippines Corp. (CPF Philippines), a subsidiary of Thailand’s Charoen Pokphand Group Company,...
The United States Presidential Trade and Investment Mission (PTIM) to the Philippines, spearheaded by US Secretary of Commerce Gina Raimondo, has heralded a significant milestone with US companies pledging over USD 1 billion in investments. This groundbreaking...
RiteMED and Heal Venture Lab are collaborating to strengthen Universal Health Care (UHC) in the Philippines through the use of modern technology. Their focus is on enhancing access to quality healthcare in line with the government’s UHC Law. RiteMED, as one of...
