HD, a healthcare and surgery marketplace based in Thailand, has announced the completion of a Series A-1 strategic extension round, raising its total Series A funding to USD 7.8 million. The extension includes participation from Merck Sharp & Dohme (MSD), a...
The Royal Thai Navy and the National Centre for Genetic Engineering and Biotechnology (BIOTEC) have initiated a joint research and development project to address wastewater contamination caused by fuel and lubricants. This collaboration aligns with the Navy’s “Green...
Swedish thin-film solar panel manufacturer Midsummer has entered into a collaboration with Eco On, a leading Thai company specializing in solar rooftop and solar carport installations. This partnership follows Midsummer’s recent announcement of plans to explore the...
Thailand is taking steps to establish itself as a regional financial hub through new legislation aimed at attracting investment in key financial sectors. The Cabinet has approved the draft Financial Centre Act, proposed by the Finance Ministry, with the objective of...
Thailand is planning to expand its presence in the aircraft maintenance industry by developing Chiang Rai Airport (CEI) into a major Maintenance, Repair, and Overhaul (MRO) hub. This initiative, led by Airports of Thailand (AOT), aims to cater to the growing demand...
Unioil Lubricants Inc. (ULI), the lubricants division of the Philippine-based Unioil Group of Companies, has entered into a strategic partnership with Spanish energy company Repsol S.A. As part of the agreement, Repsol Downstream Internacional, S.A.U., a subsidiary of...
The Union of Local Authorities of the Philippines (ULAP) has partnered with Takeda Healthcare Philippines, a subsidiary of Takeda Pharmaceutical Company Limited, to enhance local government efforts in combating dengue through the Empowering Communities for a...
Metro Pacific Water (MPW) has begun construction on the Metro Iloilo Desalination Facility, set to be the largest desalination plant in the Philippines. The USD 95.9 million project aims to address the growing demand for clean water in Iloilo by converting 66.5...
Saudi Arabia’s Aramco has signed an agreement to acquire a 25% stake in Unioil Petroleum Philippines, marking its entry into the growing downstream fuels market in the Philippines. The acquisition, subject to regulatory approvals, is part of Aramco’s global strategy...
The Philippines and the United Arab Emirates (UAE) are set to expand trade and investment cooperation following a meeting between President Ferdinand R. Marcos Jr. and UAE Minister of Investment Mohamed Hassan Alsuwaidi at Malacañang Palace. Discussions centered on...
Philippine Seven Corp, the exclusive operator of 7-Eleven in the Philippines, plans to invest PHP 5 billion (USD 85.32 million) to open over 400 new stores in 2025, according to its Taiwanese parent company, President Chain Store Corp. The expansion aims to grow the...
The Philippine Navy is set to acquire two submarines under the final phase of its military modernization program (Horizon Three) to strengthen maritime defense. AFP Chief of Staff Gen. Romeo Brawner confirmed the plan, calling it a long-term goal for the archipelagic...
