Business News
Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia
Monthly Business News to Help You Understand the Market
Thailand’s Retail Sector Set to Be Boosted by Cash Handouts
Wholesalers and retailers across Thailand express optimism regarding the government’s THB 10,000 (USD 300) cash handout under the Digital Wallet scheme aimed at ...
Philippines Unveils Agriculture Modernization Program to Boost Infrastructure and Productivity
The Department of Agriculture (DA) has launched a four-year program aimed at modernizing the Philippines’ agriculture sector, with a focus on improving infrastructure ...
Philippines Moves to Strengthen Defense with US-Made Typhon Missile System
The Armed Forces of the Philippines (AFP) is advancing its defense modernization efforts by pursuing the procurement of the U.S.-made Typhon Mid-Range Capability (MRC) ...
MIDC and PhilTower Finalize Telecom Infrastructure Partnership
MIESCOR Infrastructure Development Corp. (MIDC) and PhilTower Consortium, Inc. have finalized a joint venture aimed at enhancing telecom infrastructure and accelerating the ...
Construction of Lapu-Lapu Expressway to Begin in 2025
The construction of the 12-kilometer Lapu-Lapu Expressway (LLEX), the first expressway in the Visayas and Mindanao regions, is set to begin next year. This was confirmed by ...
First Disney Store in Southeast Asia Opens in Manila
The first Disney Store in Southeast Asia has officially opened its doors at SM Mall of Asia in the Philippines, marking a significant addition to the region’s retail ...
Philippines Opens First Electric Vehicle Battery Plant
President Ferdinand Marcos inaugurated the Philippines’ first electric vehicle (EV) battery factory on September 30, 2024, emphasizing its importance for the future of ...
L’Oréal and Watsons Launch First Green Business Partnership in the Philippines
L’Oréal and Watsons have partnered to launch the first green joint business plan in the Philippines’ beauty and wellness sectors. This initiative addresses the pressing ...
UK Firm Invests USD 600 Million in Largest Solar Project in the Philippines
In a significant development for the renewable energy sector, UK-based investment firm Actis has committed USD 600 million to the Philippines’ largest solar power ...
Japan, Korea, and U.S. Pledge USD 29 Million to Boost Healthcare in BARMM
Japan, South Korea, and the United States have committed PHP 1.6 billion (USD 29 million) over the next five years to enhance healthcare in the Bangsamoro Autonomous Region ...
PEZA Eyes Increased Singaporean Investments in Philippine Ecozones
The Philippine Economic Zone Authority (PEZA) is ramping up efforts to attract more Singaporean investments, especially in high-impact, energy-intensive sectors such as ...
Thailand to Build its First Silicon Chip Plant
The Thailand Board of Investment (BOI) has announced a joint venture between Hana Microelectronics and Thai energy firm PTT to establish the country’s first silicon carbide ...
Thailand’s Largest Dairy Producer and Distributor Invests in Enhanced Cold Supply Chain
KCG Corporation (KCG), Thailand’s leading dairy producer and distributor, is repositioning its new logistics park from a “cost center” to a “profit ...
Thailand Invests in Home AI Assistants for Elderly Healthcare Services
Thailand’s latest AI-powered Dinsaw robot, the “Home AI Assistance,” is set to play a key role in delivering healthcare to the elderly at home, according to ...
Leading Private Healthcare Provider Invests into Thailand’s Rapidly Developing Cosmetic Surgery Market
In response to the growing demand for facial contouring, ViMUT Hospital, a prominent private healthcare provider in Bangkok, has expanded its services by launching a new ...
Marubeni Enters into the End-of-Life Tire Pyrolysis Recycling Business in Thailand
Marubeni Corporation has invested in Green Rubber Energy Company Limited (GRE), which is developing an End-of-Life Tire (ELT) pyrolysis recycling business in Thailand.
Thirty ...
Thailand Puts Solar Power at the Center of its National Energy Plan
Thailand’s Ministry of Energy is intensifying efforts to roll out a comprehensive National Energy Plan (NEP) to meet the country’s ambitious goal of reducing ...
UK Signs Trade Pact with Thailand to Boost Exports
The UK and Thailand are set to establish an Enhanced Trade Partnership designed to strengthen trade and investment ties between the two countries.
The agreement, involving UK ...
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