Sembcorp Industries (Sembcorp) and Singapore’s Energy Market Authority (EMA) have officially opened the Sembcorp Energy Storage System (ESS). The Sembcorp ESS is Southeast Asia’s largest ESS and spans across two hectares of land in the Banyan and Sakra region on...
Dubai-based logistics firm DP World has expressed interest to establish an industrial park in the Philippines. This development occurred during the meeting between Philippine President Ferdinand Marcos Jr. and DP World group chairman and CEO Sultan Ahmed bin Sulayem...
According to a recent survey conducted by the European Chamber of Commerce in Vietnam (EuroCham), 41% of respondents stated that their company was moving operations from China to Vietnam, an increase of 13% compared to the figure registered in the third quarter of...
Berli Jucker Public Company Limited (BJC), the Thai conglomerate and owner of Big C Supercenter, has launched a POS system to help Thai traditional stores (or so-called “Sho Huay Shops). The goal is to equip the stores with a modern management system with information...
Merck and Indonesia’s state-owned pharmaceutical holding company PT Bio Farma have entered a licensing agreement for the state-owned drug manufacturer to produce the MSD four-valent HPV vaccine locally. The pact is part of the country’s efforts to launch a national...
SEA Limited (SEA Ltd), a Singapore-based e-commerce giant and the parent company of Shopee, the largest pan-regional e-commerce platform in Southeast Asia and Taiwan, has committed to expanding its investments in Malaysia. SEA Ltd plans to develop a cloud computing...
SGTech, a trade association for the tech industry, has proposed nine recommendations to the Ministry of Finance to develop digital trust capabilities, provide skill-based assessments for tech talent recruitment and training, and encourage sustainability in Budget...
An entire chapter on climate change was recently added to the Philippine Development Plan (PDP) 2023-2028, entitled “Chapter 15: Accelerate Climate Action and Strengthen Disaster Resilience.” The chapter identified the goal for communities, institutions and the...
The Ministries of Industry and Finance have joined forces to launch a new program of tax incentives designed to encourage businesses to reduce their use of non-biodegradable plastics and cut down on plastic waste. The tax reduction amounts to around 25% of what...
Obayashi Corporation, PT. Wijaya Karya, JFE Engineering Corporation and PT. Jaya Konstruksi Manggala Pratama, have formed a joint venture company OWJJ JV, which has been awarded the EPC contract by the Directorate General of Human Settlements, Ministry of Public Works...
Vietnam´s Ministry of Transport has been advised by the Civil Aviation Authority of Vietnam (CAAV) to let airlines expand their fleets in order to meet domestic demand and take advantage of opportunities brought about by the recovering global economy. According to...
At the Langkawi International Maritime and Aerospace Exhibition 2023 (Lima’23), Defense Minister Datuk Seri Mohamad Hasan expects more than MYR 8 billion (USD 1.8 billion) worth of contracts to be signed – more than double the MYR 4 billion (USD 0.6...
