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
PEZA Registers Biggest Economic Zone in the Philippines in Quezon Province
The Philippine Economic Zone Authority (PEZA) said that it has approved the registration for the PHP 125-billion (USD 2 .4 billion) Quezon Techno-Industrial Special Economic ...
Philippine Government Shores Up Aquaculture Industry
Amidst concerns about food security, particularly fish, the government through the Department of Agriculture’s Bureau of Fish and Aquatic Resources (BFAR), has bolstered the ...
Philippines Targets to Complete More Infra Projects in Zamboanga Peninsula
The Philippines ’ Department of Public Works and Highways (DPWH) is targeting to complete more than 400 infrastructure projects in the Zamboanga Peninsula (Region IX) that ...
Philippines to Pursue Nuclear Energy; SMR Deployment Possible by 2027-2028
The Philippines and the United States signed a Memorandum of Understanding on Strategic Civil Nuclear Cooperation (NCMOU) in March 2022 in Washington D.C. to further deepen ...
Qatar’s Dairy Giant Baladna to Set Up Manufacturing Facility in the Philippines
The Department of Agriculture (DA) through the National Dairy Authority (NDA) and the Department of Trade and Industry (DTI) have partnered with Baladna Qatar Public ...
Singapore Hospital Commits To Achieving Net-Zero Carbon Emissions by 2050
Khoo Tech Puat Hospital (KTPH) is the only hospital in Singapore to have pledged to heal the earth. They are one of the four hospitals in Southeast Asia to commit under a ...
Singapore’s GPD grew by 7.6% in 2021
The Ministry of Trade and Industry (MTI) announced that Singapore’s economic growth in 2021 came in at 7.6%, up from the previous estimate of 7.2%. This growth figure was ...
Tenaga Nasional Drives Development in EV and Broadband Infrastructure
Tenaga Nasional Berhad (TNB), Malaysia's largest utility provider, has been accelerating the national progress in electric vehicle (EV) and Broadband Infrastructure through ...
Thai Seafood Giant Targets the Sustainable and Plant-based Segment in Partnership with US Specialists
Thailand-based company Thai Union, one of the world’s largest seafood companies, announced its goal to become a leader for plant-based seafood, exploring emerging areas ...
Memorandum of Understanding to Decarbonize Indonesia
Mitsubishi Heavy Industries, Ltd. (MHI) has signed a memorandum of understanding (MOU) with Indonesia’s Institut Teknologi Bandung (ITB) for the purpose of conducting joint ...
Manufacturing Sector Continues to Thrive in Vietnam
Vietnam has been recently recognized as "the world's new production base" as the country continues recording optimistic export turnover and huge FDI inflows. In a report ...
SIA Engineering Opens SGD 9 million Aircraft Engine Maintenance Facility To Service Next-Gen Plane Engines
SIA Engineering has opened an SGD 9 million (USD 6.6 million) aircraft engine services (AES) facility in Singapore to provide basic maintenance services for French company ...
GenScript opens USD 15 million State-of-the-Art Manufacturing Facility in Singapore
GenScript Biotech, the world's leading life science research tools and services provider, opened a USD 15 million 30,000-square-feet manufacturing facility in Singapore for ...
Agilent and A*Star’s SIFBI Collaborate to Boost Singapore’s Agri-Food Ambitions
Agilent Technologies, a global leader in the life sciences, diagnostics and applied chemical markets, signed a Research study Partnership Contract (RCA) with the Singapore ...
Vietjet Air to Cooperate with ST Engineering to Leverage Operational Capacity
In February 2022, Vietnamese low-cost carrier Vietjet Air signed a comprehensive component Maintenance-By-the-Hour (MBH™) contract with the Singaporean firm ST Engineering to ...
Malaysia to Develop National Robotics Roadmap
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has announced the government’s plan to produce the National Robotics Roadmap (NRR) to push robotic technology into the ...
Malaysia Receives over USD 39.46 Billion Investments from US Companies
A total of USD 39 billion haS been invested by US companies into the Malaysian economy despite challenges posed by the COVID-19 pandemic, according to the American Malaysian ...
Malaysia’s Kedah Rubber City Aims for USD 2.38 Billion Investments By 2025
Malaysian Prime Minister Dato Seri Ismail Sabri has launched the Kedah Rubber City (KRC), which aims to become a leader in the growth of the domestic rubber industry and a ...
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