The Malaysian government will require all shopping malls nationwide to have recycling facilities starting January 1, 2026, as a condition for business licence approvals. This mandate, announced by Housing and Local Government Minister Nga Kor Ming, is part of the...
Singapore’s B.Grimm Power, a Thai energy firm, is set to invest over MYR 4.3 billion (around USD 1.02 billion) in Malaysia’s renewable energy (RE) and power sectors over the next several years, in a move that signals a significant expansion beyond its existing...
Malaysia has agreed to purchase and invest over USD 240 billion with the United States to help narrow the trade deficit and secure a reduction in US reciprocal tariffs, from 25% to 19% on Malaysian exports, following a series of high-level negotiations. According to...
Malaysia is set to modernize its defense capabilities by integrating drone technology, with the Royal Malaysian Air Force (RMAF) expected to receive its first batch of unmanned aerial vehicles (UAVs) from Turkish Aerospace Industries (TAI) starting in 2026. This...
Malaysia and the United States have reached an agreement resulting in zero tariffs for nearly 7,000 tariff lines, predominantly benefiting US exporters of agricultural and industrial goods. Under the new terms, 6,911 out of 11,260 tariff lines requested by the US,...
Japanese footwear retailer ABC-MART will open its first flagship stores in Manila in 2025 through a joint venture with SONAK Retail Group. The collaboration will introduce two concepts: ABC-MART Grand Stage and ABC-MART Standard, both located in Bonifacio Global City....
South Korean conglomerate HD Hyundai plans to begin shipbuilding operations in the Philippines early in 2026. The development follows the signing of a 10-year lease agreement between HD Hyundai Heavy Industries and private equity firm Cerberus Capital Management...
India-based iSON Group plans to invest up to USD 300 million over the next decade to strengthen digital infrastructure in the Philippines. The company intends to develop 3,000 to 4,000 new telecommunication towers, focusing on underserved rural areas. Through its...
Broadband and technology provider Converge ICT Solutions Inc. announced that an Asia-Pacific subsea cable system has reached Philippine shores, supporting the country’s digital transformation and regional trade integration. The Philippine branch is now linked to the...
The Philippines is emerging as a key player in the growing global health-care outsourcing market, a trend that has increased the need for efficient cross-border payments. New York-based fintech Payoneer reported that over 200,000 remote professionals in the...
The Manila Electric Company (Meralco) will begin sending scholars to South Korea in March 2026 as part of its Nuclear Energy Strategic Transition program. The initiative is led by the Meralco Power Academy (MPA), which recently signed a memorandum of understanding...
Indian engineering firm Uttamenergy Limited will develop a USD 70 million waste-to-energy facility in New Clark City under an agreement with the Bases Conversion and Development Authority (BCDA). The project, described as the most advanced of its kind in the...
