French multinational energy management and automation solutions provider, Schneider Electric, has announced plans to expand its logistics hub in the Philippines’ Cavite province. The estimated cost of the expansion project is PHP 86.3 million (USD 1.49 million)....
Singapore’s Prime Minister recently highlighted how both the city-state and Vietnam share a stake in the stability and prosperity of the Southeast Asia region. During a visit of Singapore’s Prime Minister to Vietnam, where he met his counterpart, the two leaders...
Thailand’s government has revealed that it will establish new tourism offices in the United States and Saudi Arabia as the country aims to boost the number of tourists. In effect, the new Pheu Thai Party, which recently entered a coalition government, sees...
International trade and investment are essential to Indonesia’s economy. It has been recently reported that the government has prioritized the establishment of special economic zones (SEZ), intending to attract more than USD 50 billion in foreign investment over...
The Ministry of Investment, Trade and Industry (MITI) announced that Malaysia has attracted a Foreign Direct Investment (FDI) of MYR 132.6 billion (USD 28.3 billion) in the first half of 2023 (H1 2023), achieving 60.3% of its annual goal. The nation observed a...
In August 2023, Vietnam and Singapore agreed to broaden the scope of their bilateral economic cooperation and inked agreements in several sectors, including the green economy and innovation. Accordingly, Vietnam’s Minister of Planning and Investment had letters...
It has been recently reported that several companies from Australia are exploring investing in Clark’s civil aviation complex in the Philippines. According to representatives from the state-led Clark International Airport Corp. (CIAC), the entity that manages the...
The government of Thailand has recently announced plans to introduce additional tax breaks and other incentives aimed at incentivizing foreign film producers to conduct their activities in the Southeast Asian country, following a South Korean series that registered...
Malaysia’s Prime Minister, Anwar Ibrahim, introduced the ‘MADANI Economy: Empowering the People’ as a transformative economic framework aimed at uplifting the nation’s status and enhancing the well-being of its citizens. This comprehensive strategy seeks to...
In July 2023 Vietnam and Israel signed a free trade agreement (FTA) in Tel Aviv after seven years of negotiations, making Vietnam the first Southeast Asian country to close an FTA with the Middle Eastern nation. The FTA will remove duties in steps on at least 86% of...
The Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, and British International Investment (BII), the UK’s development finance institution (DFI) and impact investor announced a strategic partnership aimed at fostering sustainable...
Rothman and Roman, a Europe-based international strategic communications company has revealed that Malaysia is among countries in the region to see increase in foreign direct investment (FDI) from central and eastern European (CEE) countries. The study, which involved...
