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
Singapore and Germany to Improve Smallholder Farming in Asia, Africa, and Latin America
Olam Agri, headquartered in Singapore, has signed a Memorandum of Understanding (MoU) with German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit ...
Singapore Eye Research Institute Expands International Partnerships
The Singapore Eye Research Institute (SERI) is forging strategic alliances with international partners to advance ophthalmic treatments and technologies. In November 2024, ...
Jewel Changi Airport Reports Record Footfall and Sales in 2024
Nature-themed entertainment and retail complex Jewel Changi Airport saw record-breaking foot traffic and sales in 2024, driven by a steady recovery in air travel. The retail ...
Singapore Reinforces Cybersecurity Through Partnership with US Firm Dragos
Singapore’s Digital and Intelligence Service (DIS) has signed a three-year Memorandum of Understanding (MOU) with Dragos Inc., a U.S.-based cybersecurity firm specializing in ...
Ninja Van Partners with URC to Enhance Product Distribution in the Philippines
Singapore-based Ninja Van has teamed up with Universal Robina Corporation (URC) to optimize product restocking and distribution across key retail locations. The partnership ...
FLS Group, AC Logistics Partner to Boost Energy and Infrastructure Sectors
FLS Group, a global logistics provider specializing in project cargo and heavy-lift transport, has partnered with AC Logistics, a Philippine-based end-to-end logistics ...
Philippines to Acquire 12 More FA-50 Fighter Jets, Highlights 2025 Defense Projects
The Philippine Department of National Defense (DND) is set to acquire 12 additional FA-50 Fighting Eagle light combat aircraft from Korea Aerospace Industries (KAI) by 2025. ...
Philippines to Offer More Telco Incentives as It Opens Asia’s First Open RAN Lab
The Philippine government is ramping up incentives for telecom companies to encourage participation in Asia’s first Open Radio Access Network (Open RAN) laboratory, set to ...
URC Inaugurates Advanced Milling Facility with Ocrim
Universal Robina Corporation (URC), one of the Philippines’ leading food and beverage companies, has unveiled a state-of-the-art milling complex in Sariaya, designed and ...
US Companies Eye Investment in Philippines’ Semiconductor & Electronics Sector
The Philippines has been attracting attention from several U.S. semiconductor and electronics companies following its participation in the Consumer Electronics Show (CES) ...
UAE’s Masdar Invests USD 15 Billion in Philippine Renewable Energy
Emirati state-owned energy company Masdar has committed to investing USD 15 billion in the Philippines’ renewable energy sector, following the signing of an Implementation ...
ADB and Ayala Partner to Expand Electric Vehicle Infrastructure in the Philippines
The Asian Development Bank (ADB) has signed a financing agreement of up to USD 100 million with Ayala Corporation to accelerate the development of an electric mobility ...
Mapúa Partners with ASU & Cintana to Launch Medical School
Mapúa University has officially launched its School of Medicine, marking its entry into the country’s medical education sector. Known for its strong programs in engineering, ...
South Korea’s LCS Emon to Establish EV Assembly Operations in the Philippines
The Philippine Economic Zone Authority (PEZA) has officially registered South Korean firm LCS Emon Commercial Corp. as a domestic market enterprise, allowing the company to ...
Singapore Pledges Green Energy Investments in Indonesia
Singapore has reinforced its commitment to advancing Indonesia’s green energy sector through investments in sustainable industrial zones and renewable energy projects ...
Chinese Sportswear Brand 361° Launches First Store in Malaysia
361°, a leading Chinese sportswear brand, has officially entered the Malaysian market as part of its Southeast Asian expansion strategy. The company launched its first ...
HP Unveils Manufacturing Transformation Centre in Penang to Boost Industry 4.0 Adoption
HP has launched its Manufacturing Transformation Centre (MTC) in Penang, Malaysia, as part of its efforts to drive Industry 4.0 adoption in the region. The facility is ...
US-Southeast Asian Collaboration Brings Eco-Friendly Data Center Complex to Malaysia
UVCell Solar, a US-based renewable energy developer, and Iozela Data Center, a Southeast Asian data center developer, have signed a strategic agreement to develop a ...
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