Schneider Electric Scales Up Logistics Hub in the Philippines

Schneider Electric Scales Up Logistics Hub in the Philippines

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 and Vietnam Deepen their Strategic Collaboration

Singapore and Vietnam Deepen their Strategic Collaboration

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...
Malaysia Records USD 28.3 million in FDI in The First Half Of 2023

Malaysia Records USD 28.3 million in FDI in The First Half Of 2023

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...
Vietnam and Singapore Bolster Framework for Economic Collaboration

Vietnam and Singapore Bolster Framework for Economic Collaboration

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...
Malaysia Introduces ‘MADANI Economy’ Framework

Malaysia Introduces ‘MADANI Economy’ Framework

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...