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 Defense Technology Institute Partners for Production of Advanced Land Systems Technologies

Sep 2022 Thailand, Defense/Aerospace

It has just been announced that the Defense Technology Institute (DTI), Thailand’s defence research and development (R&D) agency, will partner with global aerospace and ...

Singapore’s First Energy Storage System at Pasir Panjang Terminal

Aug 2022 Singapore, Energy

In an effort to increase energy efficiency and reduce carbon emissions, Singapore’s first Energy Storage System (ESS) has been deployed at Pasir Panjang Terminal, and will ...

AIMCo Considers First Office in Singapore to Expand into Asia

Aug 2022 Singapore, Economy

Alberta Investment Management Corp (AIMCo) is considering Singapore over Hong Kong in order to expand its private equity group into Asia. According to the head of private ...

Quadrupled in Size, Bombardier Launches the Transformed Singapore Service Center

Aug 2022 Singapore, Defense/Aerospace

On June 30th, 2022 Bombardier inaugurated the largest OEM business aviation maintenance facility in Asia Pacific, the transformed Service Center, at the Seletar Aerospace ...

MeaTech Introduces 3D-Bioprinted Meat into Singapore

Aug 2022 Singapore, Agrifood

MeaTech 3D Ltd., an internationally renowned deep-tech cultured meat and food company, signed an agreement with Umami Meats for the joint development of 3D-printed cultured ...

Singapore Trials its First Floating Solar Panel Project

Aug 2022 Singapore, Environment

Singapore recently exhibited a new kind of solar panel, designed to withstand rough winds and choppy waters, to be placed at sea. The project is based on the Norwegian Firm ...

The Philippines Sorting Out Uncertain Policies in Upstream Gas to Lure Investments

Aug 2022 Philippines, Economy

Building new power plants, the use of renewable energy, and bringing down the price of electricity to consumers are the Philippines President Ferdinand Marcos' priorities for ...

Global Tech Giants to Manufacture Their Products in Vietnam

Aug 2022 Vietnam, Manufacturing

As an attempt to lower risks and dependence on China, Google will begin producing its Pixel smartphones in Vietnam in 2023. Accordingly, Google will shift a small portion of ...

Philippines as a Regional Hub for Biopharma Innovation is Attainable

Aug 2022 Philippines, Healthcare

The Pharmaceutical and Healthcare Association of the Philippines (PHAP) expressed full support to the Department of Trade and Industry’s (DTI's) priority agenda to promote ...

The Philippines Taps SpaceX’s Satellite Service for Internet Connection in Remote Locations

Aug 2022 Philippines, Defense/Aerospace

Filipinos in geographically-isolated and disadvantaged areas (GIDA) may soon enjoy free high-speed and low-latency internet service brought by SpaceX’s Starlink through the ...

KT and Medi Plus Solution to Collaborate in Vietnam’s Healthcare Business

Aug 2022 Vietnam, Healthcare

Recently, KT Corporation, South Korean’s largest telecommunication company, and Medi Plus Solution, a Korean Healthcare company, inked a memorandum of understanding (MOU) to ...

Thai Retailer to Explore Business Opportunities in Vietnam

Aug 2022 Vietnam, Retail/FMCG

Central Retail Corporation, a famous Thai retailer, has recently announced to invest around USD 829 million into Vietnam during the next five years to enlarge its operations ...

Holcim Circular Explorer Arrives in the Philippines

Aug 2022 Philippines, Environment

The Philippines was chosen by Holcim, a cement manufacturer to launch its first Circular Explorer, a pioneering solar-powered catamaran designed to help in cleaning coastal ...

The Philippines and SoKor Discuss Future Nuclear Cooperation

Aug 2022 Philippines, Energy

The Philippine Ambassador to South Korea, Ms. Mariya Theresa met with the executives from Korea Hydro and Nuclear power Co. Ltd (KHNP) to discuss future Philippines-Republic ...

PetroVietnam to Complete Its Digital Transformation by 2030

Aug 2022 Vietnam, ICT

The Vietnam Oil and Gas Group (PetroVietnam) has been working with sociopolitical organizations to promote digital transformation across all of its businesses while also ...

IsoTruss Opens Carbon Fiber Cell Tower Plant in the Philippines

Aug 2022 Philippines, Manufacturing

IsoTruss, Inc., a US-based engineering, design, and manufacturing services provider, announced that it has opened a new 11,500-square-foot facility in the Clark Freeport Zone ...

The US Department of Agriculture’s Trade Mission to the Philippines

Aug 2022 Philippines, Agrifood

The United States and the Philippines launched a new project aimed at strengthening local veterinary services for safe pork and pork products. Through this project, funded by ...

AboitizLand and Sumitomo Mitsui Construction Inked Strategic Partnership

Aug 2022 Philippines, Infrastructure

AboitizLand, the property development arm of Philippine conglomerate, Aboitiz Group, will be investing heavily in technology, sustainability, and innovation for the rest of ...

Explore Our Services