The Board of Investment (BoI) of Thailand has recently greenlighted 20 investment projects worth over USD 820 million from Taiwanese electronics companies which are aiming to set up operations in the Southeast Asian country as a base for exports. These players seek...
The Development Bank of the Philippines (DBP), the Philippines’ eighth-largest bank in terms of assets, is ready to extend its support to the government’s food logistics action plan. The food logistics action plan is a 3-year program that sets strategies to modernize...
U.S. President Joe Biden, top executives from prominent U.S. tech companies such as Google, Intel, and Vietnamese business leaders had a meeting following the bilateral agreement to strengthen cooperation between the two nations. For the United States, Vietnam, a...
Malaysia’s Communications and Digital Ministry (KKD), which oversees telecommunications, broadcasting, and digital sectors announced that the country has secured MYR 37.4 billion (USD 7.9 billion) in digital technology investment commitments. These commitments...
Singapore’s finance ministry has allocated an additional SGD 1.1 billion (USD 802 million) to address households grappling with rising living costs. This package includes an extra payment of up to SGD 200 for approximately 2.5 million adult Singaporeans,...
Aiming to expand its corporate footprint in Indonesia, France is putting industrial collaboration at the core of its economic ties with the Southeast Asian country. According to the French Ambassador to Indonesia, bilateral connections are strong, notably in trade and...
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...
