The National Economic and Development Authority (NEDA) announced that President Ferdinand R. Marcos Jr. has approved 194 high-impact infrastructure flagship projects (IFPs) worth PHP 9 trillion (USD 161.9 billion). Of the 194 projects, 123 projects were initiated...
US-based revenue cycle management solutions company AGS Health announced the launch of its operations in Manila, Philippines which will serve as a strategic growth partner to more than 100 major healthcare providers across the US. Identified as one of the most popular...
Philippine-based universal bank Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort is optimistic about the rebound of foreign direct investments (FDIs) to the Philippines given the continued recovery of the domestic economy. The chief...
German specialty chemicals company Evonik is expanding its capacity to produce MetAMINO® (DL-methionine) on Jurong Island, Singapore, by 40,000 metric tons to around 340,000 metric tons per year. The high double-digit million-euro investment in this technological...
The Public Utilities Board (PUB) of Singapore has launched Singapore’s first research program dedicated to strengthening coastal protection and inland flood management capabilities. The SGD 125 million (USD 94 million) Coastal Protection and Flood Management Research...
Leading global biotechnology company Amgen and NSG BioLabs, Singapore’s largest and leading provider of biotech co-working laboratories and offices, recently announced Albatroz Therapeutics as the winner of the first Amgen Golden Ticket. Albatroz Therapeutics will be...
Singapore consumes about 440 million gallons of water per day, and this will almost double by 2065. To meet the projected increase in used water, Singapore’s Public Utilities Board (PUB) will be redeveloping Kranji Water Reclamation Plant (WRP) and Kranji NEWater...
The Maritime and Port Authority of Singapore (MPA) is collaborating with marine renewable energy solution provider Bluenergy Solutions, to launch a Proof of Value (POV) project to harness hydrokinetic energy off the island of Pulau Satumu, Singapore, as an alternative...
Singapore Technologies Engineering Ltd (ST Engineering) recently announced that its subsidiary, ST Engineering Marine Ltd., has been awarded a contract by the Ministry of Defense (MINDEF) for the detailed design and construction of six Multi-Role Combat Vessels...
The Global Energy Alliance for People and Planet (GEAPP) has partnered with the Indonesian Ministry of Energy and Mineral Resources to hasten the country’s net-zero emissions goal by 2050. The GEAPP, a collaboration of entrepreneurs, governments, technological,...
To enhance its air defenses, the Indonesian Air Force, or TNI AU, has decided to replace its outdated radars. The Chief of Staff of the Air Force revealed that the Air Force and the government are engaged in discussions regarding the purchase of a new radar, though...
The Indonesian government has granted authorization for genetically modified organisms (GMO) wheat for human consumption, including Bioceres Crop Solutions Corp’s HB4 wheat. This wheat is now approved for usage in human consumption, going beyond its allowed...
