The Department of Trade and Industry (DTI), with support from the Asian Development Bank (ADB), launched the National Artificial Intelligence Strategy Roadmap 2.0 (NAISR 2.0) and the Center for AI Research (CAIR) on July 3, 2024. This initiative is a key part of the...
ExxonMobil Asia Pacific Pte. Ltd. has selected Juliana Holdings Inc. as the authorized distributor of Mobil-branded lubricants in the Philippines. With a strong background in fast-moving consumer goods (FMCG) and transportation chemicals, Juliana Holdings will...
The National Economic Development Authority (NEDA) board has approved a USD 287.5 million allocation for the Philippines’ infrastructure flagship projects, including the Department of Information and Communications Technology (DICT)’s National Broadband Program...
Converge ICT Solutions Inc. has announced a partnership with Super Micro Computer Inc. to integrate artificial intelligence (AI) into its three upcoming data centers in Pampanga, Laguna, and Caloocan. The agreement, formalized through a memorandum of understanding,...
The U.S. and Philippine officials have unveiled new initiatives to strengthen defense and security cooperation. The U.S. will provide USD 500 million in foreign military financing to support the modernization of the Philippine military and coast guard. This funding...
Eleven Israeli companies are set to introduce and sell advanced agricultural technologies in the Philippines. The Israel Agricultural-Tech Roadshow in Makati City attracted around 100 local firms and agri-tech startups, showcasing a wide range of innovative solutions....
Bio Farma and Novo Nordisk Indonesia have entered into a collaboration to develop local manufacturing processes for diabetes medications in Indonesia. This partnership aims to improve access to affordable and high-quality diabetes treatments, enhance chronic disease...
Indosat Ooredoo Hutchison has introduced a set of AI-powered, cloud-based tools aimed at improving the upstream oil and gas sector in Indonesia. The tools, offered through Indosat Business and its subsidiary Lintasarta, were unveiled at a meeting of the Special Task...
Millennium Challenge Corporation’s (MCC) CEO Alice Albright recently visited Indonesia to review the progress on the USD 649 million Indonesia Infrastructure and Finance Compact, which is set to launch in September. This grant is aimed at addressing the...
Malaysia is set to boost its aquaculture production to 40% of its total fisheries sector by 2030, aiming to meet the country’s growing fishery demands. The government, led by the Malaysian Agriculture and Food Security Ministry, is committed to integrating...
The Malaysian Army has ordered 800 M72 LAW-EC (Lightweight Anti-Tank Weapons) from Nammo, a joint venture between Norway and Finland. This procurement is part of Malaysia’s initiative to upgrade its anti-tank capabilities. The M72 LAW-EC, chosen for this upgrade,...
The Malaysian Investment, Trade and Industry Ministry (MITI) is set to develop a strategic plan to boost green investment and establish Malaysia as a leading regional green investment hub, catalyzing sustainable socio-economic development. This initiative follows the...
