During the 10th Singapore-Malaysia Leader’s Retreat held in Singapore in late October 2023, both countries announced the aim to sign a memorandum of understanding (MOU) for the Johor-Singapore Special Economic Zone (SEZ) in 2024. To facilitate the process, it was...
The Malaysian Digital Economy Corporation (MDEC), a key government agency driving digital transformation, has announced that it has exceeded expectations by facilitating MYR 110 billion (USD 23 billion) in digital technology investments. This achievement nearly...
The Eastern Economic Corridor (EEC), a special economic zone in Thailand, has set a new investment target of THB 500 billion (USD 13.7 billion) over the next five years. The EEC covers three eastern provinces: Chonburi, Rayong, and Chachoengsao, spanning over 13,285...
The European Union (EU) Commission stated that the EUR 60 million (USD 65 million) Financing Agreement aims to assist the Philippines in renewing its economy. This includes embracing the circular economy, reducing waste and use of plastics, ensuring water supply and...
Vietnam is holding talks with chips companies to draw investment in the country and possibly building its first chipmaking plant. The talks followed a historic upgrade between Vietnam and the US in September 2023, when President Joe Biden visited Hanoi and the White...
Indonesia and the Czech Republic have agreed to enhance cooperation in various fields, including infrastructure, transportation, vocational education, energy and mineral resources, environmental protection, defense industry, and healthcare, during the 6th Session of...
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...
