Business News

Business news to help you keep track of the latest developments and identify new opportunities across key sectors in South East Asia

Monthly Business News to Help You Understand the Market

Thailand Appoints CAA to Draft New Drone Regulations

CAA International (CAAi), the technical cooperation arm of the UK Civil Aviation Authority, has been appointed by the Civil Aviation Authority of Thailand (CAAT) to draft new ...

Mondelez to Grow its Biscuit Business in the Philippines

Mondelez Philippines announced that it is expanding its snack products portfolio by entering the fast-growing and high-penetration cracker segment of the biscuits category in ...

Offshore Gas Pipeline Design Contract Awarded to McDermott

American offshore engineering, construction, and services provider McDermott has won a contract from Delta Offshore Energy to provide front-end engineering design (FEED) ...

Thales Alenia Space Signs Work Agreement for Indonesian Telecommunications Satellite

Satelit Nusantara Tiga (Satria), an Indonesian satellite provider and Thales Alenia Space, a French-Italian aerospace manufacturer, have signed a Preliminary Work Agreement to

Japan to Export Defense Radar System to the Philippines

The Philippine Department of National Defense (DND) formally signed a contract to purchase an air surveillance radar system from Japan’s Mitsubishi Electric Corp. ...

Sumitomo Investing in New Wire Harness Factory in the Philippines

Sumitomo Wiring Systems, Ltd., a subsidiary of Japan's Sumitomo Electric, is investing in a wiring harness manufacturing facility in Pangasinan that would generate 10,000 jobs

Infrastructure Investments to Aid in Philippine Economic Recovery

The Philippine government is pushing infrastructure development under the administration's flagship "Build, Build, Build" program to help the country's economy recover from ...

Nestle Philippines Partners with Cement Manufacturer for Waste Management

Nestle Philippines and cement manufacturer, CEMEX Holdings Philippines, inked a partnership agreement to divert plastic waste laminates away from landfills in Cebu province by

Distributors Appointed in the Philippines for COVID-19 Detection Helmet

A smart helmet designed to detect COVID-19 will be available in the Philippines as KC Wearable, a Chinese technology and innovation company, announced its partnerships with ...

DOE Clears Bidders for Petroleum Block Exploration in West Philippine Sea

The Department of Energy (DOE) in the Philippines has opened the bids submitted by parties interested to explore untapped energy resources in the West Philippine Sea under the

Dito Telecommunity Partners with Fortinet as Security Service Provider

Dito Telecommunity, a joint venture between Dennis Uy’s Udenna Corporation and China Telecoms which is going to be the Philippines’ third telecommunications provider, has ...

New Study to Help Grow Exports of Philippine Products to EFTA Nations

The Department of Trade and Industry’s Export Marketing Bureau (EMB) inked a tripartite agreement with the Swiss Embassy in Manila and the Swiss Import Promotion Program ...

Vinamilk Investing in Hi-Tech Dairy Farms in Laos

Vietnamese dairy giant Vinamilk has announced plans to increase its investment in Lao-Jagro, its Laotian subsidiary, by USD 41 million. The funds will be used to complete a ...

Mitsui Engineering & Shipbuilding Exploring Opportunities in the Vietnam Market

Japanese defense companies are increasingly exploring opportunities in South East Asia. One of the latest to make inroads in the market is Mitsui Engineering & ...

Thai Developer to Build Two Industrial Parks in Vietnam

WHA Industrial Development Group, a leading industrial estate developer from Thailand, is currently seeking approval to build two industrial parks in Thanh Hoa province, on ...

Australian Logistics Real Estate Developer Expands to Vietnam

LOGOS, a logistics firm from Australia, has announced expansion to Vietnam, bringing in a yet-to-be-disclosed partner to establish a new venture. The venture will focus on the

Vietnam Government Calls for Improvements in the Water Sector

A new directive from Vietnam's Prime Minister Nguyen Xuan Phuc has called for strengthening the management of clean water production and trading activities in Vietnam, urging ...

Vietnam’s Health Ministry Launches Portal for Publishing Prices of Medical Equipment

The Ministry of Health in Vietnam has launched a new electronic portal for publishing the prices of medical equipment. The prices will be published on this ...

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