Business News
Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia
Monthly Business News to Help You Understand the Market
Thai Retailers Increasingly Adopt Advanced Digital Technologies
Thailand’s retail industry is adopting advanced technologies to improve its operations, as Thai consumers are demanding a personalized retail experience.
In a notable ...
New Biochar Production Facility in Nueva Ecija, PH
Singapore-based renewable energy and carbon developer Alcom has launched the first biochar production facility in the Philippines and registered the associated carbon credits ...
JGC Awarded Contract for Binary Geothermal Power Generation Project in the Philippines
Japanese company JGC Holdings Corporation has been awarded the Engineering, Procurement and Construction (EPC) contract from the Philippines’ Energy Development ...
PLDT and Smart Collaborate with Armed Forces to Bolster Cybersecurity Capability in the Philippines
PLDT and its wholly-owned wireless communications and digital services subsidiary, Smart, are working closely with the Armed Forces of the Philippines (AFP) to bolster the ...
Singapore Food Agency Launches Aquatic Animal Health Services
The Singapore Food Agency (SFA) has just launched the Aquatic Animal Health Services (AAHS). The service aims to help aquaculture farms prevent and control diseases that can ...
Schneider Electric Scales Up Logistics Hub in the Philippines
French multinational energy management and automation solutions provider, Schneider Electric, has announced plans to expand its logistics hub in the Philippines’ Cavite ...
The Department of Transportation Earmarks USD 3.1 Billion for Infrastructure Development
The Department of Budget and Management said a total of PHP 176.4 billion (USD 3.1 billion) from the Department of Transportation’s (DOTr) proposed 2024 allocation amounting ...
Japan’s Murata Manufacturing to Expand Production Facility in the Philippines
Murata Manufacturing Co., Ltd., a Kyoto-based manufacturer of ceramic-based electronic components, has announced that it has finalized plans further to inject PHP 4.4 billion ...
Ayala Corporation Seeks to Grow its Cold Storage Facility Business
The industrial park and real estate logistics developer and operator arm of Ayala Corporation, AyalaLand Logistics Holdings Corporation (ALLHC), is placing a significant bet ...
South Korea’s Paris Baguette to Open First Store in the Philippines
Paris Baguette Philippines Inc. today announced the signing of the master franchise agreement with Berjaya Food (International) Sdn. Bhd. (a subsidiary of Berjaya Food Berhad ...
President Marcos Jr Approves Regional Specialty Centers Act
President Ferdinand R. Marcos Jr. has approved the Republic Act (RA) No. 11959, also known as the “Regional Specialty Centers Act,” as part of the administration’s efforts to ...
BCDA to Develop a Technology Hub at New Clark City
The Bases Conversion and Development Authority (BCDA) has signed a memorandum of understanding (MOU) with the Tarlac provincial government to develop a 47-hectare technology ...
Mitsui Chemicals to Produce High-Performance Polyolefin Elastomer in Singapore
Japanese chemicals company Mitsui Chemicals recently launched a new plant to produce its high-performance polyolefin elastomer (POE) product Tafmer at its Singapore-based ...
New National Facility Boosts Singapore’s Cell and Gene Therapy Capabilities
The Advanced Cell Therapy and Research Institute, Singapore (ACTRIS) announced the opening of a new 2,000 sqm cell therapy facility to meet the increasing clinical demand for ...
Singapore Completes Phase 2 of Sewage ‘Superhighway’
Singapore has just announced the completion of tunneling works for the second phase of its SGD 10 billion (USD 7.3 billion) Deep Tunnel Sewerage System (DTSS) project, which ...
H&M Launches New Home Decor Section at Flagship Store in Singapore
Swedish clothing company H&M has announced that it will offer a selection of items for home furnishings at its flagship Orchard Road store in Singapore. Products will ...
Singapore Constructs High Power Density, Hyper-Connected Green Data Center
Singaporean telecommunications conglomerate Singtel has commenced the construction of DC Tuas, Singapore’s highest power density, hyper-connected green data center.
When ...
Singapore to Spearhead Green Digital Infrastructure Deployment Techniques
Singapore’s Infocomm Media Development Authority (IMDA), Dell Technologies Inc., and Equinix, Inc. have joined forces to drive innovation and green practices in the country. ...
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