ASEAN 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

US Company Offers Gas Detection Technology to Pertamina Drilling Services Indonesia

US Company Offers Gas Detection Technology to Pertamina Drilling Services Indonesia

Industrial Scientific, a global leader and innovator in full-service gas detection programs that automate safety workflows, has signed a Memorandum of Understanding (MoU) ...
Indonesia Cooperates with Finland to Make Nusantara a Smart City

Indonesia Cooperates with Finland to Make Nusantara a Smart City

The Nusantara Capital City Authority (OIKN) is collaborating with Finland's Smart City Innovation Cluster (SCIC) to build Indonesia's new capital, Nusantara, a smart city. ...
Lenzing Indonesia Receives EU Ecolabel for Environmentally Friendly Fiber Production

Lenzing Indonesia Receives EU Ecolabel for Environmentally Friendly Fiber Production

The Lenzing Group, a global manufacturer of specialty cellulose fibers for the textile and nonwoven sectors, has gained EU Ecolabel accreditation for its fibers manufactured ...
New Biochar Production Facility in Nueva Ecija, PH

New Biochar Production Facility in Nueva Ecija, PH

Singapore-based renewable energy and carbon developer Alcom has launched the first biochar production facility in the Philippines and registered the associated carbon credits ...
JGC Awarded Contract for Binary Geothermal Power Generation Project in the Philippines

JGC Awarded Contract for Binary Geothermal Power Generation Project in the Philippines

Japanese company JGC Holdings Corporation has been awarded the Engineering, Procurement and Construction (EPC) contract from the Philippines' Energy Development Corporation ...
PLDT and Smart Collaborate with Armed Forces to Bolster Cybersecurity Capability in the Philippines

PLDT and Smart Collaborate with Armed Forces to Bolster Cybersecurity Capability in the Philippines

PLDT and its wholly-owned wireless communications and digital services subsidiary, Smart, are working closely with the Armed Forces of the Philippines (AFP) to bolster the ...
Schneider Electric Scales Up Logistics Hub in the Philippines

Schneider Electric Scales Up Logistics Hub in the Philippines

French multinational energy management and automation solutions provider, Schneider Electric, has announced plans to expand its logistics hub in the Philippines' Cavite ...
The Department of Transportation Earmarks USD 3.1 Billion for Infrastructure Development

The Department of Transportation Earmarks USD 3.1 Billion for Infrastructure Development

The Department of Budget and Management said a total of PHP 176.4 billion (USD 3.1 billion) from the Department of Transportation’s (DOTr) proposed 2024 allocation amounting ...
Japan’s Murata Manufacturing to Expand Production Facility in the Philippines

Japan’s Murata Manufacturing to Expand Production Facility in the Philippines

Murata Manufacturing Co., Ltd., a Kyoto-based manufacturer of ceramic-based electronic components, has announced that it has finalized plans further to inject PHP 4.4 billion ...
Ayala Corporation Seeks to Grow its Cold Storage Facility Business

Ayala Corporation Seeks to Grow its Cold Storage Facility Business

The industrial park and real estate logistics developer and operator arm of Ayala Corporation, AyalaLand Logistics Holdings Corporation (ALLHC), is placing a significant bet ...
South Korea’s Paris Baguette to Open First Store in the Philippines

South Korea’s Paris Baguette to Open First Store in the Philippines

Paris Baguette Philippines Inc. today announced the signing of the master franchise agreement with Berjaya Food (International) Sdn. Bhd. (a subsidiary of Berjaya Food Berhad ...
President Marcos Jr Approves Regional Specialty Centers Act

President Marcos Jr Approves Regional Specialty Centers Act

President Ferdinand R. Marcos Jr. has approved the Republic Act (RA) No. 11959, also known as the “Regional Specialty Centers Act,” as part of the administration’s efforts to ...
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