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
Japanese Bicycle-parts Maker Shimano Invests USD 179 Million in Jurong Plant
Singapore has attracted some USD 179 million in investment from Japanese bicycle-parts maker Shimano, with its upcoming plant in Jurong Innovation District (JID) expected to ...
Holcim Invests USD 4.2 million to Upgrade Cement Plants
Cement firm Holcim Philippines, Inc. is investing PHP 210 million (USD 4.2 million) in projects to reduce the fuel consumption and increase mineral additive usage of its ...
Dow to Expand Production of Propylene Glycol Capacity in Thailand
Dow, the global leading materials science company headquartered in the United States, has just announced a plan to expand its propylene glycol (PG) capacity at its existing ...
Record Number of Bids Received for PNR Calamba Railway Project
The Philippine National Railways (PNR) Calamba project has received a “record number” of 34 bids from six local and 17 international companies to participate in the ...
IFC to Provide Thailand’s First Sustainable Loan for Hydropower and Affordable Healthcare
The International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets, is expected to provide around USD ...
Digital Edge Expands into Indonesia with Strategic Investment in PT IndoInternet Tbk
Digital Edge Singapore Holdings' wholly-owned subsidiary, Digital Edge (Hong Kong) Ltd., has acquired a controlling interest in one of the leading digital infrastructure ...
Super Energy Corporation to Build Thailand’s First Hybrid Power Plant
Thai company Super Energy Corporation has announced plans to develop the country's first power plant based on hybrid renewable resources. According to Super Energy ...
Pacific Alliance-Singapore Free Trade Agreement (PASFTA) is Formed
The Pacific Alliance (PA) and Singapore successfully concluded negotiations of the Pacific Alliance-Singapore Free Trade Agreement (PASFTA), which is expected to enhance ...
Vietnam Airlines Awards MRO Contract to StandardAero
Vietnam's national carrier Vietnam Airlines has awarded to StandardAero a new multiple-year Aviation Maintenance, Repair and Overhaul (MRO) contract for the Pratt & ...
Philippines Restores Criticial Security Pact with the US
On July 30, 2021, Philippine President Rodrigo Duterte restored the Visiting Forces Agreement (VFA) with the United States, a 1998 critical security pact that lays out the ...
Mu Space Opens First Satellite Manufacturing Facility in Southeast Asia
Thai space technology company mu Space has opened the first dedicated aerospace manufacturing facility in Southeast Asia. Measuring more than 2,200 square meters, the factory ...
USD 5.9 Million Agri-Industrial Hub to be Built in Taguig City
The Department of Agriculture (DA) will establish the first Agri-industrial Business Corridor (ABC) for freshwater aquaculture and urban farming in Taguig, in partnership ...
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