The Philippine retail scene, traditionally dominated by giants like SM, Robinsons Retail, and Puregold, faces a potential disruptor in DALI, a Swiss grocer quietly gaining traction with support from the Asian Development Bank (ADB). As a hard discount retailer,...
As the Armed Forces of the Philippines (AFP) gains ground in its anti-insurgency efforts, the focus is shifting towards bolstering external defense capabilities. This involves adapting the AFP Modernization Program (AFPMP) in Horizon 3 to safeguard the country’s...
President Ferdinand R. Marcos Jr. and Department of Trade and Industry (DTI) Secretary Alfredo Pascual have met with Silicon Valley Technology companies and investors for a discussion of possible partnerships in utilizing artificial intelligence (AI) technology,...
Research firms, including CGS-CIMB, MIDF, and Maybank Investment Bank Research, anticipate a positive trajectory for Malaysia’s economy in 2024. Projections range from 4.4% to 4.7% GDP growth, with the optimistic outlook primarily attributed to resilient...
The Asian Development Bank (ADB) and ACEN Corporation have signed a sustainability-linked loan of up to PHP 5.5 billion (USD 100 million) to boost solar energy capacity in the Philippines and support the country’s energy transition goals. The proceeds will fund ACEN’s...
Hundreds of hospitals in the Philippines could face partial or total shutdown from extreme weather events caused by climate change by the end of the century if fossil fuels are not phased out, a report by climate risk analysis organization XDI suggested. The...
Pocket PangPang, Korea’s single-price mobile shopping platform, officially began its service in Thailand in December 2023. Pocket PangPang is a new kind of mobile shopping mall that took the grand prize in the 2023 Korea Consumer Satisfaction Index Awards among...
Japanese automaker Honda Motor has started producing its electric vehicles (EVs) in Thailand and will begin selling them in the Southeast Asian country in the first quarter of 2024. Honda has thus become the first Japanese manufacturer to produce passenger EVs in...
Thailand is seeking USD 28 billion in investment to build what it calls a “land bridge” across the narrow southern part of the country. The Southeast Asian nation intends to offer an alternative, shorter path for cargo crossing the Pacific and Indian oceans without...
Ribbon Communications, an American provider of real-time communications technology and IP optical networking solutions, recently announced that it is providing Interlink Telecom Public Company Ltd (ITEL), a leading Thai network services provider, with a Data Center...
Elekta, a global Swedish company that develops and produces radiation therapy and radiosurgery-related equipment and clinical management for the treatment of cancer and brain disorders, recently announced the establishment of a new office in Bangkok to support...
Canadian Solar, headquartered in Guelph, Ontario, recently announced that it is establishing a 5 GW solar photovoltaic (PV) wafer production facility in Chonburi, Thailand. The company is building an advanced solar photovoltaic N-type wafer manufacturing plant with an...
