The Philippine Department of Energy (DOE) is preparing to launch a USD 300-million initiative aimed at installing rooftop solar systems and implementing energy efficiency measures in public schools and hospitals. The five-year program, backed by an approved loan from...
The Philippine Economic Zone Authority (PEZA) has signed a memorandum of understanding (MOU) with LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, naming it as the newest Investment Promotion Partner (IPP). The partnership aims to...
South Korea is aiming to deepen its defense ties with the Philippines as part of its broader push to become the world’s fourth-largest arms exporter by 2027. At the recent International Maritime Defense Exhibition (Madex) 2025 in Busan, Korean defense firms...
The United States expects an increase in agricultural exports to the Philippines in 2025, driven by the country’s growing middle class and strong expansion in the food service, retail, and food manufacturing sectors. According to the USDA’s Foreign Agricultural...
The Royal Thai Air Force has confirmed its decision to select the Saab Gripen E/F as its next-generation multi-role fighter aircraft. This announcement marks a significant step in the country’s efforts to modernize its air defense capabilities. Saab, along with the...
Thailand’s Cabinet has approved an economic stimulus package valued at approximately USD 4.5 billion. The initiative focuses on infrastructure development and tourism to mitigate the impact of global economic challenges and support domestic growth. The plan includes...
Thailand’s data center industry is experiencing rapid growth, positioning the country as a leading hub for digital infrastructure in Southeast Asia. At the 2025 Siemens Data Center Conference in Bangkok, experts highlighted how demand for data storage and processing...
The Asian Development Bank (ADB) and Energy Absolute Public Company Limited signed a green loan agreement worth 47.62 million USD to support renewable energy projects and expand the electric vehicle charging network in Thailand. The funding will be used for the...
US company Quasar Medical has begun construction on a new manufacturing facility in Thailand, marking a significant step in expanding its global operations. Scheduled to open in early 2026, the new site will support the company’s focus on complex interventional and...
The Bank of Thailand (BOT) has announced the selection of three consortiums to receive virtual bank licenses, following a detailed review process. The approved groups are SCBX, Krungthai Bank, and ACM Holding Group, a subsidiary of the Charoen Pokphand (CP) Group....
Thailand is advancing its position as a logistics hub in Southeast Asia, supported by increased cross-border trade, e-commerce growth, and infrastructure development. In 2024, cross-border trade reached a record USD 47.6 billion, a 6.1% increase from the previous...
Purina, a subsidiary of Nestlé, has opened a new wet cat food manufacturing facility in Rayong, Thailand. The factory, covering over 93,800 square meters, represents an investment of approximately USD 160 million. Located less than 200 kilometers from Bangkok, the...
