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

Japanese Company Partners with Thai University for Endoscopic AI

AI Medical Service (AIM), a start-up based in Tokyo focused on medical advancements, particularly in diagnostic endoscopic artificial intelligence (AI), has recently entered ...

Thai and Finnish Companies Collaborate for Bioplastic Innovation

Nordic Bioproducts Group (NBG), a Finnish biomaterial innovation company and developer of pioneering AaltoCell Technology, has entered into a strategic Memorandum of ...

Thailand Post Examines Becoming a Virtual Banking Agent

It has been reported that Thailand Post, a government-owned logistics company, is exploring the possibility of becoming a neutral virtual banking agent to complement the ...

Thailand Enhances EV Support Program for Battery Innovation

Thailand’s EV Board has endorsed strategies to bolster the adoption of electric buses and trucks, with the aim of positioning the nation as a key hub for electric vehicles ...

Thailand and New Zealand to Triple Trade by 2045

During the visit of New Zealand Prime Minister Christopher Luxon to Bangkok, Thailand, both countries expressed their commitment to enhancing economic collaboration, aiming ...

Kiwi Aeronautical Firm Inks Multi-million Dollar Export Deal to Supply Royal Thai Air Force

A new Memorandum of Understanding (MOU) signed between Thai Aviation Industries Co., Ltd (TAI), a leading maintenance, repair, and operations organization (MRO) in Thailand ...

Thai and American Associations to Advance Sustainability in Thailand’s Feed Ingredients Industry

The Thai Feed Mill Association (TFMA) and the U.S. Soybean Export Council (USSEC) recently signed a memorandum of understanding (MoU) to support and advance sustainable ...

Indonesia and UK Enhance Trade and Economic Collaboration

During a meeting in London last month, Indonesia’s Coordinating Minister for Economic Affairs and the British Minister of Trade discussed bolstering economic and trade ...

Singapore-based AG&P to Collaborate on a USD 15 Billion Infrastructure Project in the Visayas

AG&P’s Philippine subsidiary has forged a partnership with Visayas Neceboley Interlink Holdings Corp. (VNIHC) for a substantial USD 15 billion government ...

Philippines to Develop Clark Special Economic Zone

The Philippines is set to further develop the Clark Special Economic Zone (SEZ) with initiatives inspired by Singapore. Key projects include affordable housing modeled after ...

The Medical City Leads AI Healthcare in the Philippines with Lunit

The Medical City (TMC) is pioneering the adoption of AI in the Philippines by integrating Lunit’s AI solutions into its mammography and chest X-ray services, ...

NGCP and ECCP Partner to Boost Renewable Energy in the Philippines

In a landmark move towards innovation and sustainability, the National Grid Corp. of the Philippines (NGCP) and the European Chamber of Commerce of the Philippines (ECCP) ...

CCC and GIZ Launch Multimillion Euro Project for Climate Resilience

The Philippine Climate Change Commission (CCC), in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH or German Development Cooperation, ...

US Firm Expands to the Philippines for HEPA Filter Manufacturing

US-based NanoForge Technologies, a subsidiary of the outsourcing firm Wagmi Solutions, is embarking on a strategic move to diversify its manufacturing operations away from ...

NutriAsia and Green Rebel Launch Plant-Based Products in the Philippines

NutriAsia, one of the Philippines’ condiments and sauces manufacturers, and Green Rebel, Indonesia’s plant-based food tech startup, have forged a strategic partnership ...

Synacor and MDI Novare Partner to Enhance Digital Identity Management in the Philippines

Synacor has announced a partnership with digital transformation leader MDI Novare to expand the adoption of Cloud ID™ consumer identity access management (CIAM) in the ...

U.S. Army Deploys New Missile Launcher to the Philippines

For the first time, the U.S. Army’s new Mid-Range Capability (MRC) Typhon Weapon System has been deployed to the Northern Philippines. This land-based launcher, which ...

Singapore Fashion Brand to Open First Store in the Philippines

Love, Bonito, a Singaporean fashion brand, is gearing up to open its first physical store in the Philippines at Greenbelt 3 mall in Makati during the third quarter of the ...

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