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
KFC Launches Its First Kiosk in Thailand
KFC, the renown American fried chicken brand, has introduced its first kiosk model under the “quick and easy” concept at a bustling pier in Bangkok. Restaurants ...
Philippines and France Sign Landmark Agreement to Boost Sustainable Development and Growth
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 ...
Blueleaf Energy to Invest USD 1.5 Billion in Floating Solar Projects in the Philippines
Australian firm Macquarie’s Green Investment Group, through its local unit Blueleaf Energy Philippines, is set to pour in USD 1.5 billion to develop massive floating solar ...
SUEZ to Build a Major Desalination Plant in the Philippines
SUEZ, a global leader in water and waste management, has announced a major project in the Philippines. In partnership with JEMCO, a prominent local construction firm, SUEZ ...
Singapore-based Fullerton Healthcare Launches Premium Health Center in Philippines
Fullerton Healthcare Corp. Ltd., a Singapore-based healthcare provider, has made a significant foray into the Philippine market with the opening of a premium executive health ...
Philippines and Siemens Strengthen Alliance to Propel Industry 4.0 and AI Innovations
The Philippines’ Department of Trade and Industry (DTI) and Siemens have renewed their partnership to accelerate the Philippines’ Industry 4.0 transformation. The two parties ...
Philippines Boosts Meat Imports Amid Lower Tariffs and Rising Demand
The British Chamber of Commerce Philippines (BCCP) has reaffirmed its commitment to boosting British pork exports to the Philippines, helping manage inflation and ensure food ...
Narra Technology Invests USD 2.7 Billion in the Philippines’ Largest Sustainable Data Center
The Philippines will soon host its largest hyperscale data center at the Narra Technology Park, a USD 2.7 billion project aimed at bolstering digital infrastructure. Located ...
Philippines on the Brink of a “Railway Renaissance”
The Philippines is set to enter a “railway renaissance” with the completion of a unified railway network, promising economic growth and regional cooperation, ...
Canada Enhances Philippines’ Maritime Surveillance with Advanced Tracking Technology
The Philippines is enhancing military collaborations with allies, notably with Canada, to strengthen its maritime surveillance capabilities. Utilizing Canada’s advanced ...
Singapore Ranked the Most Competitive Economy Among 67 Nations
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 ...
Cathay and Singapore Airlines to collaborate on sustainability initiatives
Cathay and Singapore Airlines (SIA) have signed a Memorandum of Understanding (MoU) to collaborate on various sustainability initiatives, focusing on the development and use ...
New Benchmark for Specialty Retail in Singapore
Manhattan Associates Inc., in collaboration with Google Cloud and Zebra Technologies, has unveiled the first Unified Commerce Benchmark for Specialty Retail in Singapore. ...
Insect Protein Companies Eye Singapore Market with Anticipated Regulatory Approval
Insect protein companies are eagerly anticipating the upcoming regulatory framework from the Singapore Food Agency (SFA) that will allow the sale of insect-based food ...
Changi Water Reclamation Plant to Expand for Growing Industrial Demand
Singapore’s national water agency, PUB, has announced a tender for the third expansion of the Changi Water Reclamation Plant to meet growing industrial water demand in ...
LTA Awards SGD 242 Million Contract for CRL Phase 2 Tunneling Project
The Land Transport Authority (LTA) of Singapore has awarded an SGD 242 million (USD 180 million) civil contract to the joint venture of Nishimatsu Construction Co., Ltd. and ...
Synapxe Launches HEALIX Cloud-Based Analytics for Healthcare
Synapxe, Singapore’s national HealthTech agency, has launched HEALIX, a cloud-based analytics platform aimed at transforming the public healthcare sector. HEALIX is ...
EMA Launches Second Request for Proposal for New Generation Capacity to Meet Growing Electricity Demand
The Energy Market Authority (EMA) of Singapore has launched a second Request for Proposal (RFP) to address the country’s growing electricity demand. This RFP is part of ...
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