Vietnam recently announced plans to upgrade its logistics infrastructure in the southeast region. This key southern economic region covers Ho Chi Minh City (HCMC) and the five adjacent provinces of Dong Nai, Ba Ria – Vung Tau, Binh Duong, Binh Phuoc, and Tay Ninh. The...
The Singapore government has recently announced a comprehensive digital blueprint to guide the implementation of emerging technologies, including generative AI, autonomous systems, and immersive multi-party interactions. The Digital Connectivity Blueprint sets out key...
Thai transport and tourism analysts have highlighted how the construction of Highway 12 will result in business opportunities. The highway, stretching nearly 800km, is a transport corridor linking Tak in the North with Mukdahan in the Northeast. Expectations of growth...
The United States has pledged to bolster its infrastructure development aid to the Philippines by providing over USD 3 billion (PHP 166.8 billion) in public and private financing. This substantial funding will be dedicated to supporting the construction of...
Vietnam’s population has been increasing fast, with roughly 1 million people added each year. In 2023, the country is forecasted to achieve the 100-million milestone. Ho Chi Minh City and Hanoi are the two most populous metropolitans, which are home to 9 million and 5...
The Malaysian Investment Development Authority (MIDA), the government organization responsible for promoting foreign direct investment, announced that Malaysia has established a goal to become an Asian center for shipbuilding and ship repair (SBSR). The SBSR industry...
The Maritime and Port Authority of Singapore (MPA) has signed a Memorandum of Understanding (MoU) with Wärtsilä, a Finnish company that manufactures and services power sources in the marine and energy markets, to collaborate on projects to enable the introduction of...
Siam Cement Group (SCG), the largest and the oldest cement and building material company in Thailand and Southeast Asia, has recently revealed the successful completion of the first 2-story 3D printed building in ASEAN. Importantly, the building is the first 3D...
Indonesia Investment Authority (INA), asset manager ESR Group, and MC Urban Development Indonesia (MCUDI), a 100% subsidiary of Mitsubishi Corporation engaged in real estate development, have announced a strategic partnership aimed at unlocking the potential of...
In April 2023, a 24,000-TEU cargo ship M/V OOCL from Spain, on its first voyage connecting Asia and Europe, arrived at Gemalink Deepwater Seaport in the southern province of Ba Ria Vung Tau. This is also the first time Vietnam has been able to receive the...
Thailand’s Marine Department has announced plans to revive the Cruise Terminal Development Project to meet the increase in marine tourism. The department has agreed to develop Bali Hai Pier in Chon Buri into a hybrid pier. The port will be constructed to function both...
The Philippine Economic Zone Authority (PEZA) announced that President Ferdinand R. Marcos Jr. has declared two new economic zones located in Batangas province and Bacolod City, which are expected to bring in a total of PHP 1.64 billion (USD 29.3 million) worth of...
