Several US companies have expressed interest to invest further in the Philippines, taking advantage of the incentives brought forth by recently enacted laws that liberalized foreign investments. Philippines’ economic, trade and industry officials held talks with...
A multinational aerospace company, Airbus, sees the Philippines as an important market for the company. The country’s defense market is poised to grow since the country is undergoing fleet modernization and renewing its legacy assets. Airbus is set to deliver...
Ho Chi Minh City (HCMC) will work with the Ministry of Agriculture and Rural Development to develop five zones in 13 provinces dedicated solely to agriculture, forestry, and fisheries at USD 107 million by 2025. The country’s agricultural sector has not evolved...
The Philippines’ digital healthcare system gets a boost from Australia after the Philippines’ Department of Science and Technology (DOST) and Australia’s Royal Melbourne Institute of Technology (RMIT) forged a partnership towards conducting joint...
The Japan International Cooperation Agency (JICA) extended its continued support to the endeavors of the Philippine Department of Agriculture (DA) during a courtesy call on April 6, 2022. JICA’s newly-appointed Chief Representative to the Philippines, Sakamoto Takema,...
Chioson Group, a Cebu-based steel manufacturer and property developer is set to be a carbon-neutral firm by 2025 as it completely shifted to renewal energy by tapping First Gen Corporation as its power supplier. First Gen will now be supplying Chioson’s total...
The data from the Q1 2022 Consumer Pulse Study by TransUnion revealed a shift in spending priorities as the Philippine economy reopened early this year. Eager to move on from the pandemic, Pinoy consumers were raring to spend more on retail shopping and items such as...
Japanese EPC contractor Shizen Energy, through its local unit, Shizen Malaysia Sdn Bhd, is planning to build a 150 MW floating solar power plant in Durian Tunggam Dam, Melaka state. The firm is forming a consortium with Nusa Baiduri, the project owner to establish the...
Enza Zaden, a leading vegetable-breeding firm from the Netherlands announced the completion of its first South East Asia Research and Development (R&D) infrastructure facility in Perak state, Malaysia. The R&D facility seeks to serve the agriculture seed...
Malaysia’s national oil and gas firm, Petronas, has formed a strategic collaboration with a homegrown global leader in drone technology, Aerodyne Group, to examine the potential for the deployment and commercialization of drone-based solutions. The agreement was...
Malaysia’s major agarwood producer, DAdvance Agarwood Solutions Sdn Bhd (DAAS) has inked a memorandum of understanding (MOU) with Huawei Technologies Malaysia to implement cloud-based digital solutions within the agarwood segment. The partners also intend to...
US-based TTM Technologies Inc (TTM) will open a new, highly automated printed circuit board (PCB) manufacturing plant in Penang state, Malaysia, with a proposed capital investment of USD 130 million by 2025. The expansion in Malaysia seeks to respond to the growing...
