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

Levi Opens Its Largest Store in the Philippines

The American brand Levi is expanding its footprint in Southeast Asian with the opening of its one largest store in the Philippines, located in SM North EDSA, a large shopping ...

US Company to Build the Philippines’ First E-bike Plant

The American Zero Motorcycles has partnered with the manufacturing arm of Filipino conglomerate Ayala Corporation to build the Southeast Asian country’s first high-powered ...

US Company to Develop Dedicated Satellite to the Philippines

San Francisco-headquartered Astranis, which ranks among the world’s leading operators of dedicated communications satellites, has just revealed that it is collaborating with ...

Australian Companies  to Invest in Civil Aviation Complex in the Philippines

It has been recently reported that several companies from Australia are exploring investing in Clark’s civil aviation complex in the Philippines. According to representatives ...

Malaysian Firm to Invest USD 20 Million for Cattle Raising and Milk Production in the Philippines

Malaysian dairy company Farm Fresh Berhad is working with the Philippine government for its planned investment of USD 20 million for cattle breeding intended for milk ...

Thailand’s EGAT Charts Its Green Energy Future

The Electricity Generating Authority of Thailand (EGAT) recently highlighted how the state-owned enterprise is aiming to diversify energy sources, optimize green initiatives ...

Thai Union Commits USD 178 Million for Sustainability Goals

Thai seafood giant Thai Union has just announced new ambitious climate targets, including an ambition to achieve net zero ambitions by 2050, describing itself as the first ...

Thai Companies Collaborate to Develop Drone Technology

Thai company Advanced Info Service (AIS) is collaborating with AI & Robotics Ventures (ARV), a subsidiary of PTT Exploration and Production (PTTEP), to deploy an ...

Thailand to Incentivize Film Production in the Wake of Korea Drama Success

The government of Thailand has recently announced plans to introduce additional tax breaks and other incentives aimed at incentivizing foreign film producers to conduct their ...

Singaporean Company Advances Production of Green Steel in Thailand

Singaporean steel company Meranti Steel has taken a significant step towards new green steel production in Thailand as it establishes a strategic cooperation with Bangkok ...

Thai Hospital and Local IT Specialist to Digitize Elderly Care

Thai IT specialist NEC Corporation has signed a Memorandum of Understanding (MoU) with Thammasat University Hospital to collaborate on developing a digital platform to ...

Three Thai Provinces Join the ASEAN Smart Cities Network

Thailand’s Digital Economy and Society Ministry (DES) recently announced that three new Thai provinces are now part or the ASEAN Smart Cities Network (ASCN), namely Chiang ...

US Company to Launch Schneider’s First Super Fast Charger in Thailand

American eMobility specialist EVLOMO is collaborating with French multinational company Schneider Electric to install 100 electric vehicle (EV) fast chargers in Thailand by ...

French Automotive Specialist to Construct Seat Assembly Plant in Thailand

FORVIA, a French company that ranks as the world’s 7th largest supplier of automotive technologies, is partnering with BYD for the construction of a new seat-assembly plant ...

Starbucks Aims for 800 Stores in Thailand by 2030

Starbucks recently celebrated its 25th anniversary in Thailand, announcing a large expansion of its store network in the country. Specifically, the American company set the ...

Astranis to Launch Dedicated Satellite Internet for the Philippines

Astranis, an American space-based internet start-up, has signed a new deal to launch and operate a dedicated satellite for the Philippines which will provide enough bandwidth ...

South Korea Keen on Supporting the Philippines’ Plan to Revive the Bataan Nuclear Power Plant

The South Korean government has reiterated its commitment to support the Philippines’ energy sector, including its plan to revive the Bataan Nuclear Power Plant. The Korean ...

The Philippines Debuts Fourth-Generation Light Rail Vehicles Backed by Japanese Technology

The Philippines has unveiled new fourth-generation light rail vehicles (LRVs) made using Japanese technology as part of the government’s train modernization program. The ...

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