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
US Trade Mission to the Philippines Anticipates Investment Deals Worth USD 1 Billion
The United States Presidential Trade and Investment Mission (PTIM) to the Philippines, spearheaded by US Secretary of Commerce Gina Raimondo, has heralded a significant ...
Singapore-based Heal Venture Lab Partners with RiteMED
RiteMED and Heal Venture Lab are collaborating to strengthen Universal Health Care (UHC) in the Philippines through the use of modern technology. Their focus is on enhancing ...
Airbus Commits to Sustainable Aviation Fuel Collaboration with the Philippines
Airbus has committed to collaborating with the Department of Transportation (DOTr) on sustainable aviation fuel initiatives in the Philippines. President Ferdinand R. Marcos ...
US Firm Expands Solar Panel Production in the Philippines
Silicon Valley-based Sol-Go Inc has made a strategic decision to build its new solar panel factory in the Philippines, choosing the country over manufacturing hubs like China ...
US Startup Ally Power Partners with MPower for a USD 400 Million Hydrogen and Electric Refueling Station
Ally Power, a US-based startup, and MPower Inc., the Philippines’ largest electric retail supplier, are collaborating on a more than USD 400 million agreement to build a ...
Singapore Bio-Tech Firm Collaborates with Indonesian State-Owned Entities
Bio Ark Global, a biotechnology firm headquartered in Singapore, recently formalized a Memorandum of Understanding (MoU) to expand into Southeast Asia (SEA). Bio Ark Global ...
Strong Investments in Singapore’s Aerospace Sector
Singapore’s aerospace sector has attracted substantial investment commitments totaling over S$750 million (USD 555 million) from more than ten projects, signaling ...
Singapore’s Strategic Investment in AI
Singapore’s substantial investment of over SGD 1 billion into AI over the next five years, as announced in its 2024 National Budget, underscores the nation’s ...
JICA and Japanese Firms Collaborate with Mandaue City for Food Waste Conversion Feasibility Study
The Japan International Cooperation Agency (JICA), along with Japanese firms Guun Co., Ltd., and Takematsu Shoji Co., Ltd., are collaborating with the Mandaue City ...
Southeast Asia’s First Tidal Power Generation Plant in the Philippines
Energies PH, Inc, in collaboration with its affiliate, San Bernardino Ocean Power Corporation, is spearheading the development of Southeast Asia’s inaugural tidal power ...
Malaysia Launches TRX As International Finance Centre, Announces Incentives for Relocating Companies
Malaysian Prime Minister Datuk Seri Anwar Ibrahim officially inaugurated the Tun Razak Exchange (TRX) as Malaysia’s International Financial Centre (IFC) by introducing ...
Israeli Company to Produce Cultivated Meat in Thailand
Israeli startup Aleph Farms has recently announced that it is collaborating with biomanufacturing specialists BBGI and Fermbox Bio to produce cultivated meat in Thailand. ...
Thailand Approves Incentives for Electric Trucks and Buses Adoption
Thailand’s National Electric Vehicle Policy Committee (EV Board) just approved incentives to encourage companies to transition their commercial fleets of large trucks and ...
Telco Giant Partners with UK to Strengthen Philippines Cybersecurity
Globe Telecom, a leading telecommunications company in the Philippines, has forged a partnership with the UK to enhance the country’s digital infrastructure defenses. ...
Thai and Singaporean Specialists Advance Floating Solar in Thailand
Thailand’s UMC Metals and New Energy Capital Asia from Singapore have inked a power purchase agreement (PPA) for a 1.6 MWp solar venture in Thailand, comprising both floating ...
Finnish Company Receives Singapore’s Regulatory Approval for Blood Analysis Technology
Nightingale Health, a Finnish company specializing in health risk detection and preventative health, has received regulatory approval from Singapore’s Health Sciences ...
SEDC Energy, Gallois New Energy to Build USD 1.3 Billion Graphite Plant in Bintulu
SEDC Energy Sdn Bhd, a subsidiary of Sarawak Economic Development Corporation (SEDC), a state government agency, has entered into an MoU with Gallois New Energy Materials (M) ...
Thales and Thaicom Collaborate for Unmanned Traffic Management
French multinational company Thales and Thaicom, a leading Thai satellite operator and provider of integrated satellite communications, are collaborating to establish an ...
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