The Philippine Department of Energy (DOE) has unveiled its key priorities for 2023, top of which is pursuing contingency measures and activities to ensure energy supply during critical periods, and pushing for the continued development of alternative fuel and...
Thailand’s first satellite for earth exploration is being prepared for a launch scheduled for early 2023. It was recently reported that the Theos-2 satellite is currently being tested at the Satellite Testing Centre at Space Inspirium in Sriracha district, Chonburi....
The Davao City government in partnership with University of the Philippines (UP) is building the Davao City Public Hospital (DCPH) which is targeted to operate in three years and will have around 100 beds. The hospital, which has secured a total budget of PHP 1.75...
The Philippines is seen emerging as the fastest growing economy among member countries of the Association of Southeast Asian Nations (ASEAN) over the next two years according to a report by Singapore-based DBS Bank. DBS Bank reported that the Philippines would record...
Unilever, one of the largest retails/FMCG companies in the world, recently announced that it will expand its personal care factory in the Philippines. The project will cost PHP 4.8 billion (USD 88 million), making the plant Unilever´s largest factory globally. Back in...
In a landmark move to increase the power generation capacity and make the Philippines less reliant on imported fuels, the country’s Department of Energy (DOE) has recently approved 100% foreign ownership of renewable energy projects. Before 2022 ended, the DOE...
Coca-Cola Philippines recently announced that it will transition its key brands Coca-Cola Original Taste and Wilkins Pure to 100% recycled PET plastic packaging (excluding caps and labels) by 2023. The new formats will contribute expand the company’s array of products...
British multinational pharmaceutical and biotechnology company GlaxoSmithKline (GSK) has announced the opening of a new SGD 44 million (USD 33 million) high potency facility (HPF) in its strategic New Product Introduction site in Jurong, Singapore. The HPF will be...
US-based defense industry giant Oshkosh Defense has signed teaming agreements with Malaysian defense company Sovereign Strategic to jointly participate in the upcoming tender for new Armoured Wheeled Vehicles (AWV) by the Ministry of Defence (Mindef). Mindef is...
Soitec, a French company leader in the design and production of innovative semiconductor materials, just broke ground on the construction of its wafer fab extension at Singapore’s Pasir Ris Wafer Fab Park. The fab extension will be dedicated to the production of 300...
Equinix, Inc. announced its market entry into Malaysia with plans to build a new data center in Johor. With an initial investment of approximately USD 40 million, the data center is scheduled to begin operations in 2024, providing 500 cabinets and 1,960 square meters...
Swedish multinational networking and telecommunications company Ericsson and the Digital Economy Promotion Agency (DEPA) of Thailand recently signed a Memorandum of Understanding (MoU) to collaborate toward driving 5G-based digital transformation in Thailand. The...
