The Philippine Space Agency (PhilSA) recently unveiled the Copernicus Data Centre, a key milestone in the EU Global Gateway strategy. Located in Quezon City, this facility is the first of its kind in Asia and will serve as a hub for Earth observation data processing...
The Department of Agriculture (DA) and the Korea Agricultural Machinery Industry Cooperative (KAMICO) have signed a memorandum of understanding (MOU) to establish the Philippines’ first agricultural machinery industry complex. The complex will be located on a...
Over 150 Taiwanese companies participated in the Philippine Investment Forum (PIF) held in Taipei on October 22, 2024, showcasing investment opportunities in key sectors such as smart transportation, electric vehicles (EVs), smart city development, semiconductor...
IOI Properties Group Bhd (IOIPG), one of Malaysia’s largest real estate developers, has announced the launch of the IOI Rio City masterplan, a 40.46-hectare (100-acre) integrated development in Bandar Puteri Puchong, Selangor. With a gross development value of...
MKS Instruments Inc., a US-based global technology solutions provider, has announced a USD 100 million investment to build a state-of-the-art super center factory in Batu Kawan, Penang. The facility will support the production of wafer fabrication equipment to meet...
Cargill has announced the launch of a new cocoa production line at its processing plant in Gresik, Indonesia, in response to the growing demand for rich, flavorful, and innovative indulgent food and beverages across Asia. The Managing Director of Cargill’s Food...
Turkish armored vehicle manufacturer FNSS and Indonesia’s Pindad have formalized a development and production agreement to manufacture the Kaplan armored personnel carrier (APC) for the Indonesian Army, FNSS announced last month. This agreement stems from a contract...
Japanese retailer Aeon has announced plans to invest USD 35 million in constructing a new shopping mall in Phu Ly town, located in Vietnam’s northern Ha Nam province. This investment was formalized through a memorandum of understanding (MOU) signed between Ha Nam...
In September 2024, Assa Abloy Group, a global leader in entrance automation and door control solutions, inaugurated its USD 30 million factory in the northern port city of Hai Phong. The Swedish company began its investments in the northern coastal city in December...
Tanco Holdings Bhd, a publicly listed property company in Malaysia, has joined forces with CCCC Dredging Southeast Asia Sdn Bhd (CDSA) to develop Malaysia’s first smart AI-powered container port. This project is a key part of Tanco’s broader goal to create...
Switzerland-based Mediterranean Shipping Company (MSC), one of the world’s largest shipping lines, is exploring investment opportunities in Danang’s Lien Chieu port, a key maritime gateway for Vietnam. MSC Group President shared the company’s plans during a meeting...
iKala, a leading AI transformation solutions provider from Taiwan, has joined forces with TPIsoftware, a digital transformation software company, to expand into the Vietnamese market. This strategic partnership aims to transfer the successful digital transformation...