Multinational FMCG company, Procter & Gamble (P&G), has established a new facility in the Philippines to produce diapers. The facility is located in Laguna province, with an estimated investment of PHP 864 million (USD 15.74 million). The products to be...
After years of discussions with officials and the completion of a risk assessment, U.S. streaming giant Netflix Inc. is opening a representative office in Vietnam. The risk assessment was conducted in late 2022, which included evaluating the security and political...
As part of its expansion across the Asia-Pacific region, American hospitality group Best Western Hotels (BWH) will open eight new hotels in Thailand in 2023 to capitalize on the Kingdom’s resurgent tourism. BWH operates 16 properties in Thailand under three brands:...
A 2023 white paper by East Ventures and Indonesia’s health ministry suggests that Indonesia could generate a potential economic impact of about USD 110 billion by utilizing genomics, the study of an organism’s genetic makeup. Additionally, the country...
Malaysia Digital Economy Corporation (MDEC), the lead government agency for digital economy in Malaysia, has signed a memorandum of understanding (MoU) with Groupe Speciale Mobile Association (GSMA), a UK-based mobile operators industry group to advance the...
In partnership with the Japanese conglomerate Marubeni Corporation, Tim Hortons is gearing up to launch in Singapore. Marubeni Growth Capital Asia Pte. Ltd, Marubeni’s wholly-owned subsidiary based in Singapore, will bring the Canadian coffee chain to the...
Waterco, a Sydney-based water treatment and pool equipment manufacturer, has expanded its commercial footprint to Vietnam by establishing a sales and service center in Ho Chi Minh City, fully operational in December 2022. This marks Waterco’s accomplishment in...
The GrowHub Innovations Company is a technology-driven one-stop shop for farm-to-table solutions, catering to the food traceability and data analytics needs of consumers. The company leverages innovative technology to address three significant food safety and security...
German company Zama Group is continuing to expand its production capacity with the construction of an 11,000-square-meter facility in Batangas, which is expected to be operational by February 2024. According to Zama Philippines president Ronald Wienholts, this new...
According to a survey of over 2,000 Indonesians by The Trade Desk and YouGov, 88% of Indonesians plan to make a purchase during Ramadan. Female millennial online shoppers are expected to spend more than the general population. Indonesians are embracing digital in...
Malaysia’s state-owned oil and gas company, Petronas, has awarded three oil and gas production-sharing contracts as part of its 2022 bidding round. The contracts, awarded under the Malaysia Bid Round (MBR) 2022, cover three clusters of discovered resource...
In order to accelerate Malaysia’s transition to a digital economy, the Swedish telecom giant Ericsson and Intel, one of the biggest chipmakers in the world, are planning to work together on the development of 5G use cases. The announcement was made on the...
