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

UAE Company Partners with Indonesian Counterpart to Expand MRO Services in Southeast Asia

Apr 2025 Indonesia, Defense/Aerospace

Sanad, a global leader in aerospace engineering and leasing solutions wholly owned by Mubadala Investment Company PJSC, has established a five-year partnership with Lion Air, ...

Indonesia’s President Launches Batang Industropolis SEZ with USD 45.6 Billion Investment Goal

Apr 2025 Indonesia, Economy

The Indonesian President officially inaugurated the Industropolis Special Economic Zone (SEZ) in Batang, Central Java, in March, marking the transformation of the former ...

Indonesia to Launch USD 40 Billion Worth of Energy Projects in 2025

Apr 2025 Indonesia, Energy

Indonesia aims to advance coal gasification initiatives with support from its newly established sovereign wealth fund, Danantara Indonesia, according to the country’s energy ...

Indonesia Targets Full Waste Management Coverage by 2029

Apr 2025 Indonesia, Environment

The Indonesian government aims to achieve 100% waste management coverage by 2029, as outlined in the country’s 2025–2029 National Medium-Term Development Plan. According to ...

Philippines Establishes Quantum Research Lab for Energy Sector Applications

Apr 2025 Philippines, Energy

The Technological Institute of the Philippines (T.I.P.), a private higher education institution focused on engineering and technology, has opened a new quantum computing ...

Ajinomoto Philippines Targets 50% Reduction in Environmental Impact by 2030

Apr 2025 Philippines, Environment

Ajinomoto Philippines Corp. (APC), the local subsidiary of Japan-based Ajinomoto Group, has announced plans to cut its environmental footprint by half by 2030 as part of its ...

European Pharma Expands to the Philippines Amid Strong Supplement Demand

Apr 2025 Philippines, Healthcare

Latvia-based pharmaceutical company Solé Pharma has expanded its operations into the Philippines, responding to growing consumer demand for high-quality health supplements. ...

Taiheiyo Cement Increases Production Capacity in Cebu to Meet Philippine Infrastructure Demand

Apr 2025 Philippines, Manufacturing

Taiheiyo Cement Philippines Inc. (TCPI), a subsidiary of Japan’s Taiheiyo Cement Corporation, has significantly expanded its cement production capacity in Cebu with the ...

Philippine Cooperative Launches New Feed Mill; Government Backs Duck Farming with Feed Support

Apr 2025 Philippines, Agrifood

On March 28, 2025, the Sorosoro Ibaba Development Cooperative (SIDC) officially inaugurated a major feed mill and corn storage facility in Batangas, located in the Calabarzon ...

NCS Forms Joint Venture with Globe Telecom to Scale Operations in the Philippines

Apr 2025 Philippines, ICT

Singapore-based tech services firm NCS has entered into a joint venture with Globe Telecom in the Philippines, acquiring a 51% stake in Globe’s IT subsidiary, Yondu. The ...

Philippines Secures USD 1.13 Billion in Loans from Japan for Infrastructure and Climate Resilience Projects

Apr 2025 Philippines, Infrastructure

The Philippines has signed five new loan agreements with the Japan International Cooperation Agency (JICA) totalling JPY 171.58 billion (USD 1.13 billion) to fund key ...

NAIA Signs Agreement with Collins Aerospace for Airport Systems Enhancement

Apr 2025 Philippines, Defense/Aerospace

New NAIA Infrastructure Corp. (NNIC) has partnered with Collins Aerospace, a subsidiary of RTX Corporation, to modernise Ninoy Aquino International Airport (NAIA) with ...

Anko to Open Largest Store in the Philippines

Apr 2025 Philippines, Retail/FMCG

Australian home and lifestyle brand Anko continues its expansion in Metro Manila with the upcoming launch of its largest store in the Philippines at Trinoma Mall, Quezon ...

Philippines and the UK Sign New Framework to Strengthen Defense and Trade Cooperation

Apr 2025 Philippines, Economy

The Philippines and the United Kingdom have signed a new Joint Framework to expand bilateral cooperation across multiple sectors, including defense, trade, maritime security, ...

Cathay Expands Lifestyle Loyalty Offerings in Malaysia with Mitsui Mall Group Partnership

Apr 2025 Malaysia, Retail/FMCG

Cathay, a Hong Kong-based premium travel lifestyle brand, has expanded its presence in Southeast Asia through a strategic partnership with Mitsui Mall Group in Malaysia. This ...

Taiwan’s Hotayi Electronic Unveils USD 105 Million Smart Factory Expansion in Malaysia

Apr 2025 Malaysia, Manufacturing

Taiwanese electronics manufacturing services (EMS) provider Hotayi Electronic has officially launched its Phase 3 expansion with a groundbreaking ceremony in Batu Kawan, ...

Nestlé Malaysia Commences Construction of USD 52.7 Million Integrated Logistics Hub in Port Klang

Apr 2025 Malaysia, Infrastructure

Nestlé Malaysia has officially broken ground on a new MYR 250 million (USD 52.7 million) integrated logistics hub in Port Klang, Selangor state, expected to be fully ...

Microsoft to Open Hyperscale Cloud Region in Malaysia by Second Quarter 2025

Apr 2025 Malaysia, ICT

Microsoft has reaffirmed its long-term commitment to Malaysia’s digital economy with the launch of its first hyperscale cloud region in the country, known as the Malaysia ...

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