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

Singapore Targets Over 2-3% Growth Through AI and Workforce Upskilling

Singapore Targets Over 2-3% Growth Through AI and Workforce Upskilling

On September 22, 2025, Singapore’s Deputy Prime Minister Gan Kim Yong addressed Parliament, outlining a strategic vision to exceed the projected 2-3% annual economic growth ...
SM Group Targets Growth in the Expanding Wellness Economy

SM Group Targets Growth in the Expanding Wellness Economy

The SM Group announced its commitment to capturing opportunities in the rapidly growing health and wellness market, as the Philippines continues to emerge as a key player in ...
Coca-Cola Europacific Partners and Aboitiz Break Ground on 42-Hectare Mega Plant in Tarlac

Coca-Cola Europacific Partners and Aboitiz Break Ground on 42-Hectare Mega Plant in Tarlac

Coca-Cola Europacific Aboitiz Philippines (CCEAP) has started construction of a 42-hectare manufacturing facility in Tarlac City, which will become Coca-Cola’s largest ...
First Balfour Adopts AI-Powered System to Streamline Construction Management

First Balfour Adopts AI-Powered System to Streamline Construction Management

First Balfour Inc., the construction and engineering arm of the Lopez Group, has launched an artificial intelligence (AI)-powered construction management system (CMS) to ...
US EdTech Firm Instructure Establishes Asian Hub in the Philippines

US EdTech Firm Instructure Establishes Asian Hub in the Philippines

Instructure, a leading American educational technology company and developer of the Canvas Learning Management System (LMS), has chosen the Philippines as the location for ...
Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Singapore’s Temasek Group, through its impact investment arm ABC Impact Fund II LP, has finalized a deal to acquire a 16% stake in Ayala Healthcare Holdings Inc. (AC Health), ...
EU Strengthens Public-Private Partnerships for Circular Economy and Waste Management in the Philippines

EU Strengthens Public-Private Partnerships for Circular Economy and Waste Management in the Philippines

The European Union (EU), in collaboration with the Philippine Public-Private Partnership (PPP) Center and the Department of Environment and Natural Resources (DENR), has ...
BOI Endorses PHP 6 Billion (USD 102 Million) Solar Project in Camarines Norte

BOI Endorses PHP 6 Billion (USD 102 Million) Solar Project in Camarines Norte

The Board of Investments (BOI) has endorsed Citadel Energy Corporation’s PHP 6 billion (USD 102 million) 180-megawatt solar power project in San Vicente, Camarines Norte, ...
Philippines Secures PHP 51 Billion (USD 870 Million) in New Japanese Investments

Philippines Secures PHP 51 Billion (USD 870 Million) in New Japanese Investments

The Philippine economic team has secured around PHP 51 billion (USD 870 million) in new investments and project expansions from major Japanese conglomerates following ...
Philippines Allocates 300 Hectares for New Mindanao Naval Base

Philippines Allocates 300 Hectares for New Mindanao Naval Base

The Philippine government has approved the allocation of 300 hectares of land within the Phividec Industrial Estate in Misamis Oriental for the development of a new naval ...
Philippines Strengthens Digital Transformation in Agriculture

Philippines Strengthens Digital Transformation in Agriculture

The Philippines is accelerating efforts to modernize its agricultural sector through digital innovation and capacity-building. The Department of Agriculture’s Agricultural ...
Sam Edelman Debuts in Malaysia with Chic Boutique at The Gardens Mall

Sam Edelman Debuts in Malaysia with Chic Boutique at The Gardens Mall

Sam Edelman, US footwear brand, has launched its first Malaysian boutique at The Gardens Mall, Lot F-222, in Kuala Lumpur in September 2025, marking a key milestone in its ...
Scanfil’s USD 3.76 Million Johor Plant Expansion Boosts Malaysia’s High-Tech Manufacturing Hub

Scanfil’s USD 3.76 Million Johor Plant Expansion Boosts Malaysia’s High-Tech Manufacturing Hub

Scanfil plc, Europe’s largest listed electronics manufacturer, has invested MYR 15.8 million (USD 3.76 million) to expand and modernize its SRX Global (Malaysia) Sdn Bhd ...
CRRC’s New EMU Trains Revolutionize Malaysia’s MRT Putrajaya Line

CRRC’s New EMU Trains Revolutionize Malaysia’s MRT Putrajaya Line

China Railway Rolling Stock Corporation (CRRC) has marked a significant milestone in Malaysia’s rail sector with the official launch of its new fleet of electric ...
DNB and Ericsson Empower 40,000 Malaysian Public Servants with 5G-AI Training for Digital Future

DNB and Ericsson Empower 40,000 Malaysian Public Servants with 5G-AI Training for Digital Future

Digital Nasional Berhad (DNB) and Ericsson have launched the “DNB-Ericsson Educate 21st Century Technologies programme,” a free, large-scale upskilling initiative targeting ...
HMI Medical Pioneers Malaysia’s First Japanese Robotic-Assisted Surgery System to Revolutionize Healthcare

HMI Medical Pioneers Malaysia’s First Japanese Robotic-Assisted Surgery System to Revolutionize Healthcare

HMI Medical Group has become the first private healthcare provider in ASEAN to implement Japan’s Hinotori Robotic-Assisted Surgery (RAS) system at its flagship hospitals, ...
Brookfield and Solarvest Partner to Build 1.5 GW of Solar and Storage Projects in Malaysia

Brookfield and Solarvest Partner to Build 1.5 GW of Solar and Storage Projects in Malaysia

Canadian investment firm Brookfield has entered into a joint investment framework agreement with Malaysia’s Solarvest Holdings Bhd to develop, build, and operate at least 1.5 ...
Malaysia Greenlights USD 1.43 Billion in Solar Projects, Including Largest Floating Plant, Under 2030 Energy Goals

Malaysia Greenlights USD 1.43 Billion in Solar Projects, Including Largest Floating Plant, Under 2030 Energy Goals

The Ministry of Energy Transition and Water (PETRA) of Malaysia has approved 13 large-scale solar (LSS) projects under the LSS PETRA 5+ programme, including one of the ...
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