Thailand has updated its electric vehicle (EV) incentive programs to support increased exports of battery electric vehicles (BEVs) and reinforce its role as a regional EV manufacturing center. The adjustments apply to the national EV program launched in 2022, which...
The Indonesian Coordinating Minister for Economic Affairs announced several investment commitments from US-based companies in sectors such as clean energy, digital technology, and healthcare, noting that the US is one of Indonesia’s key trading partners with an 11.2%...
Vietnam’s economy expanded by 7.52% in the first half of 2025, the highest H1 growth rate recorded between 2011 and 2025, according to the General Statistics Office (GSO). The service sector grew 8.14%, contributing over half of the growth, while industry and...
Indonesia and the European Union (EU) have set up a dedicated investment desk to facilitate increased investment from EU member states, according to Indonesia’s Investment Minister. The initiative is designed to attract more European investment by streamlining...
Singapore and Indonesia have further solidified their relationship with a sweeping set of agreements designed to reinforce trade, investment, tourism, and energy ties amidst global uncertainty. Leaders from both countries gathered for the annual Singapore-Indonesia...
The Philippine Economic Zone Authority (PEZA) has signed a memorandum of understanding (MOU) with LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, naming it as the newest Investment Promotion Partner (IPP). The partnership aims to...
Thailand’s Cabinet has approved an economic stimulus package valued at approximately USD 4.5 billion. The initiative focuses on infrastructure development and tourism to mitigate the impact of global economic challenges and support domestic growth. The plan includes...
The Malaysian Investment Development Authority (MIDA), the principal investment promotion agency of the Malaysian government has announced that Malaysia secured MYR 89.8 billion (USD 19.1 billion) in approved investments in the first quarter of 2025, a 3.7%...
Clark Development Corporation (CDC) is strengthening ties with South Korea’s Incheon Free Economic Zone (IFEZ) to enhance the Clark Freeport’s competitiveness in manufacturing and business process outsourcing (BPO). The partnership follows a benchmarking visit on...
Malaysia-based digital services firm MYEG Services Bhd and Singapore’s STrade Data Exchange Service (SGTraDex) have formed a strategic alliance to facilitate secure, paperless cross-border trade between the two nations. The partnership is slated to connect MYEG’s...
In May 2025, Singapore achieved two significant milestones in its international trade strategy with the activation of the Pacific Alliance–Singapore Free Trade Agreement (PASFTA) and the signing of the European Union–Singapore Digital Trade Agreement (EUSDTA). These...
Since the beginning of this year, Vietnam has secured USD 13.82 billion in newly registered foreign direct investment (FDI), representing an increase of nearly 40% year-on-year. Meanwhile, disbursed capital climbed to USD 6.74 billion, marking its highest level in...
