The Department of Public Works and Highways (DPWH) of the Philippines announced that construction of three new bridges crossing Marikina River will commence by the second semester of 2022. The Unified Project Management Office (UPMO) Bridges Management Cluster under...
The National Economic and Development Authority (NEDA) is preparing 13 sector-wide master plans in identified urban areas nationwide to help these urban corridors adopt smart city solutions. According to NEDA, the plans are being created for the emerging megacities of...
The Asian Development Bank (ADB) has approved a USD 600 million policy-based loan to help the Philippines provide quality and equitable health services for all Filipinos as part of its Universal Health Care (UHC) reform program. The Build Universal Health Care Program...
President Rodrigo R. Duterte has signed into law the PHP 5.024 trillion (USD 97.9 billion) national budget for 2022, which will be used for the country’s COVID-19 pandemic response and recovery efforts in the aftermath of Typhoon Odette. The budget is significantly...
The Department of National Defense (DND) has signed a PHP 28 billion (USD 545.7 million) contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the acquisition of two brand-new corvettes for the Philippine Navy (PN), which are capable of conducting...
The Government of Indonesia has initiated and executed many projects related to infrastructure development infrastructure projects over the last six years, including the construction of new toll and non-toll roads, new airports, seaports and dams, as well as the...
The government of Indonesia plans to divert more liquid natural gas (LNG) cargoes from the state-owned oil and natural gas corporation, Pertamina, for domestic consumption to mitigate energy shortages in 2022. Indonesia is witnessing a shortage of coal and LNG and has...
The Indonesian Ministry of Defense is focusing on acquisitions to modernize the Army’s defense equipment and improve the Army’s readiness for defending the country’s sovereignty. Defense Minister Prabowo has considered enhancing Indonesian external defense...
Grundfos, a Danish company specializing in advanced pump solutions and water technology, has recently launched in Thailand its new LC232 Controller. The solution is branded as the industry-first for groundwater intake controls, and it offers monitoring capabilities...
It has recently been reported that the Royal Thai Air Force awarded a USD 143 million contract to US-based Textron Aviation for eight Beechcraft AT-6 Wolverine light attack aircraft, related support equipment, spare parts, and training. Thailand has thus become the...
Toward the end of 2021, Thailand announced new incentives for foreign investors, skilled professionals, and wealthy retirees. Incentives will span areas including immigration permit, tax, and land ownership. It has been reported that the government expects incentives...
Thai state-run energy company PTT Exploration and Production Public Company Limited (PTTEP) has revealed plans to invest USD 27 billion over the 2022-2026 period, with primary focuses on maintaining production volumes and increasing petroleum reserves from major...
