The Thai government has sanctioned several new data center projects. The Thailand Board of Investment (BOI) has endorsed substantial investments from both local and international companies into data centers, power plants, biochemicals, and hospital industries. The...
Finance Secretary Ralph G. Recto has emphasized the transformative potential of the new Government-to-Government (G2G) agreement between the Philippines and France. Signed on June 7, 2024, this agreement aims to drive innovative projects focused on poverty alleviation...
The 2024 IMD World Competitiveness Ranking (WCR) has ranked Singapore as the most competitive economy out of 67 globally. This marks a return to form for Singapore, which last held the top spot in 2020 before fluctuating in subsequent years. The WCR highlighted...
In the first quarter of 2024, Malaysia exhibited robust economic performance with approved investments totaling MYR 83.7 billion (USD 18.2 billion) across various sectors, marking a 13% increase compared to the same period last year. This significant growth...
In June 2024, the Vietnamese Embassy in Switzerland and the Swiss-Viet Economic Forum (SVEF) hosted the Vietnam-Switzerland Economic Forum themed “Strengthening Ties, Building Futures.” During the meeting, Vietnamese authorities emphasized the opportunity for...
The governments of Indonesia and Switzerland have committed to pursuing stronger cooperation in the manpower sector, the Indonesian Manpower Minister stated after meeting with the Swiss Ambassador in Jakarta in May 2024. The minister highlighted several agreements...
The National Council for Special Economic Zones (KEK) in Indonesia has approved proposals for three new special economic zones (SEZs) in Batam, Tangerang, and Morowali. These SEZs target total investments of IDR 161 trillion (USD 9.8 billion) and will be recommended...
Singaporean companies are increasingly looking towards Vietnam as a strategic destination amidst shifts in manufacturing, the green transition, and advancements in artificial intelligence (AI). Singapore has significantly bolstered its position as Vietnam’s top...
Kazakhstan and Singapore have entered into agreements across six key areas, marking a milestone in their bilateral relations. The agreements encompass economic integration, security, enterprise standards, intellectual property (IP) rights protection, higher education,...
The Thailand Board of Investment (BOI) approved incentives to attract the organizers of large international concerts, sporting events, and festivals. These incentives support the Government’s vision to strengthen Thailand’s status as a tourism hub and...
Malaysia is committed to solidifying its position as a global technology powerhouse, leveraging its strong semiconductor industry. The National Semiconductor Strategy (NSS) outlines a significant expansion for this sector, with the country targeting investments of at...
The Philippines is strategically positioning itself as a regional hub for smart manufacturing and services, capitalizing on its advantageous geographic location and active participation in economic engagements. President Ferdinand Marcos Jr., during his keynote at the...
