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

Ninja Van Partners with URC to Enhance Product Distribution in the Philippines

Feb 2025 Philippines, Retail/FMCG

Singapore-based Ninja Van has teamed up with Universal Robina Corporation (URC) to optimize product restocking and distribution across key retail locations. The partnership ...

FLS Group, AC Logistics Partner to Boost Energy and Infrastructure Sectors

Feb 2025 Philippines, Infrastructure

FLS Group, a global logistics provider specializing in project cargo and heavy-lift transport, has partnered with AC Logistics, a Philippine-based end-to-end logistics ...

Philippines to Acquire 12 More FA-50 Fighter Jets, Highlights 2025 Defense Projects

Feb 2025 Philippines, Defense/Aerospace

The Philippine Department of National Defense (DND) is set to acquire 12 additional FA-50 Fighting Eagle light combat aircraft from Korea Aerospace Industries (KAI) by 2025. ...

Philippines to Offer More Telco Incentives as It Opens Asia’s First Open RAN Lab

Feb 2025 Philippines, ICT

The Philippine government is ramping up incentives for telecom companies to encourage participation in Asia’s first Open Radio Access Network (Open RAN) laboratory, set to ...

URC Inaugurates Advanced Milling Facility with Ocrim

Feb 2025 Philippines, Agrifood

Universal Robina Corporation (URC), one of the Philippines’ leading food and beverage companies, has unveiled a state-of-the-art milling complex in Sariaya, designed and ...

US Companies Eye Investment in Philippines’ Semiconductor & Electronics Sector

Feb 2025 Philippines, Economy

The Philippines has been attracting attention from several U.S. semiconductor and electronics companies following its participation in the Consumer Electronics Show (CES) ...

UAE’s Masdar Invests USD 15 Billion in Philippine Renewable Energy

Feb 2025 Philippines, Energy

Emirati state-owned energy company Masdar has committed to investing USD 15 billion in the Philippines’ renewable energy sector, following the signing of an Implementation ...

ADB and Ayala Partner to Expand Electric Vehicle Infrastructure in the Philippines

Feb 2025 Philippines, Environment

The Asian Development Bank (ADB) has signed a financing agreement of up to USD 100 million with Ayala Corporation to accelerate the development of an electric mobility ...

Mapúa Partners with ASU & Cintana to Launch Medical School

Feb 2025 Philippines, Healthcare

Mapúa University has officially launched its School of Medicine, marking its entry into the country’s medical education sector. Known for its strong programs in engineering, ...

South Korea’s LCS Emon to Establish EV Assembly Operations in the Philippines

Feb 2025 Philippines, Manufacturing

The Philippine Economic Zone Authority (PEZA) has officially registered South Korean firm LCS Emon Commercial Corp. as a domestic market enterprise, allowing the company to ...

Singapore Pledges Green Energy Investments in Indonesia

Feb 2025 Indonesia, Economy

Singapore has reinforced its commitment to advancing Indonesia’s green energy sector through investments in sustainable industrial zones and renewable energy projects ...

Chinese Sportswear Brand 361° Launches First Store in Malaysia

Feb 2025 Malaysia, Retail/FMCG

361°, a leading Chinese sportswear brand, has officially entered the Malaysian market as part of its Southeast Asian expansion strategy. The company launched its first ...

HP Unveils Manufacturing Transformation Centre in Penang to Boost Industry 4.0 Adoption

Feb 2025 Malaysia, Manufacturing

HP has launched its Manufacturing Transformation Centre (MTC) in Penang, Malaysia, as part of its efforts to drive Industry 4.0 adoption in the region. The facility is ...

US-Southeast Asian Collaboration Brings Eco-Friendly Data Center Complex to Malaysia

Feb 2025 Malaysia, Infrastructure

UVCell Solar, a US-based renewable energy developer, and Iozela Data Center, a Southeast Asian data center developer, have signed a strategic agreement to develop a ...

Malaysia Launches Innovative Metaverse Platform to Showcase Cultural Legacy

Feb 2025 Malaysia, ICT

The Malaysia Digital Economy Corporation (MDEC) has launched the IP360 Metaverse Platform, a groundbreaking initiative in digital innovation and cultural preservation. ...

Korea’s NGeneBio Expands into Malaysia with Advanced Cancer Diagnostic Solutions

Feb 2025 Malaysia, Healthcare

NGeneBio, a Korean company specializing in next-generation sequencing (NGS) precision diagnostics, has entered the Malaysian precision medicine market through a supply ...

BMW Drives Sustainability with EV Battery Recycling and Second-Life Initiatives in Malaysia

Feb 2025 Malaysia, Environment

BMW Group Malaysia is taking a proactive approach to electric vehicle (EV) adoption by focusing on the entire lifecycle of PHEV and EV batteries. The company is exploring ...

Israeli Company Works with Thai Partners for Cultivated Steak Localization

Feb 2025 Thailand, Agrifood

Israeli cellular agriculture company Aleph Farms has announced its collaboration with local partners in Thailand, including local conglomerate Thai Union, to develop ...

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