Singapore continues to attract substantial investments, securing approximately USD 4 billion in fixed asset investment (FAI) commitments during the first half of 2024, as reported by the Singapore Economic Development Board (EDB). This achievement positions the EDB on...
The free trade agreement (FTA) between the Philippines and South Korea officially took effect on December 31, 2024, marking a historic milestone in their economic relationship. Signed on September 17, 2023, the FTA aims to create new opportunities for businesses and...
Nineteen Australian companies have shown interest in investing in Indonesia’s technology sector, according to the Indonesian Minister of Communication and Digital Affairs statement last October. Following a meeting with the Australian Ambassador to Indonesia,...
Malaysia has demonstrated strong investor confidence with approved investments totaling MYR 254.7 billion (USD 56.58 billion) for the first nine months of 2024, reflecting a 10.7% year-on-year growth and the creation of over 159,000 jobs. Investment, Trade and...
Vietnam has demonstrated impressive growth in foreign investment in 2024, attracting over USD 27.26 billion as of October, marking a 1.9% increase from the previous year. The processing and manufacturing sector received the largest share, with USD 17.1 billion,...
GDS International, a leading data center developer in Asia, has announced a significant investment of up to USD 1 billion to establish a hyperscale data center park in Chonburi, Thailand, over the next five years. This initiative was revealed during a meeting with...
The Indonesian government has launched two new special economic zones (SEZs), namely the Banten International Education, Technology, and Health SEZ and the Batam International Health Tourism SEZ. According to the SEZ National Council Secretary General, each zone is...
Over 150 Taiwanese companies participated in the Philippine Investment Forum (PIF) held in Taipei on October 22, 2024, showcasing investment opportunities in key sectors such as smart transportation, electric vehicles (EVs), smart city development, semiconductor...
Vietnam and the UAE have signed a Comprehensive Economic Partnership Agreement (CEPA) during Prime Minister Pham Minh Chinh’s state visit to the UAE, marking a milestone in bilateral trade. The agreement covers areas such as trade, investment, and economic...
The World Bank has raised its projection for Malaysia’s economic growth in 2024 to 4.9%, an increase of 0.6 percentage points from its earlier forecast of 4.3% in April 2024. This revision reflects Malaysia’s stronger-than-expected performance in the first half...
Singapore’s position as a regional hub for mergers and acquisitions (M&As) continues to strengthen, with deal values surging in 2024. According to data from the London Stock Exchange Group (LSEG), M&A turnover involving Singapore companies reached USD 51...
The Thailand Board of Investment (BOI) reported a 42% year-on-year increase in investment promotion applications in the first nine months of 2024, reaching a value of THB 722.5 billion (approx. USD 21.7 billion), marking the highest level since 2015. This surge is...
