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

V-Green, GSM Philippines, and Meralco Partner to Expand EV Infrastructure

V-Green, GSM Philippines, and Meralco Partner to Expand EV Infrastructure

V-Green Global Charging Station Development Corp. (V-Green), a green infrastructure provider and exclusive charging partner of VinFast in Vietnam, and Green and Smart ...
Revolut Launches Global Tech Hub in Manila

Revolut Launches Global Tech Hub in Manila

UK-based fintech firm Revolut has opened a new Global Tech Hub in Manila to strengthen its global operations and accelerate innovation. The facility, launched on July 9, ...
US Healthcare Firm Plans Up to USD 500M Expansion in the Philippines

US Healthcare Firm Plans Up to USD 500M Expansion in the Philippines

Ohio-based Bon Secours Mercy Health (BSMH) announced plans to invest up to USD 500 million to expand its operations in the Philippines, including the development of a ...
Canada Grants PHP 1B to Support Climate Action in the Philippines

Canada Grants PHP 1B to Support Climate Action in the Philippines

The Government of Canada has committed over PHP 1 billion (USD 22 million) in grant financing to strengthen climate adaptation and disaster resilience in the Philippines. The ...
ShinFox Energy, ComClark Partner on Green ICT Infrastructure

ShinFox Energy, ComClark Partner on Green ICT Infrastructure

Taiwan’s ShinFox Energy, a subsidiary of Foxlink Group, and Philippine telecom firm ComClark Network and Technology Corp. have signed a Joint Development Agreement to power ...
Toyota Group Updates the Philippine Economic Zone Authority (PEZA) on Performance, Industry Outlook

Toyota Group Updates the Philippine Economic Zone Authority (PEZA) on Performance, Industry Outlook

Toyota Motor Philippines (TMP) and its suppliers reported USD 1.2 billion in exports in 2024, accounting for 30% of the country’s OEM parts exports. Despite global trade ...
Philippines Accelerates Naval Base Upgrades Amid Security Concerns

Philippines Accelerates Naval Base Upgrades Amid Security Concerns

The Philippine government is moving to strengthen its maritime defense by upgrading and expanding naval bases in strategic locations across the country. Defense Secretary ...
Philippines to Import More Agricultural Products

Philippines to Import More Agricultural Products

The Philippines is expected to increase agricultural imports over the next decade, as domestic production struggles to keep up with the demands of a growing economy and ...
Sabah Charts Green Future with Microalgae Biofuel and Bioplastics Initiative

Sabah Charts Green Future with Microalgae Biofuel and Bioplastics Initiative

Sabah is taking a significant step toward a green economy with an ambitious initiative to cultivate microalgae for biofuel, bioplastics, and other sustainable products. The ...
Malaysia Launches Hybrid Hydro Floating Solar and Green Hydrogen Hub to Lead Regional Energy

Malaysia Launches Hybrid Hydro Floating Solar and Green Hydrogen Hub to Lead Regional Energy

Malaysia marked a significant milestone in its energy transition roadmap with the launch of the Hybrid Hydro Floating Solar (HHFS) and Green Hydrogen Hub in Terengganu.  The ...
Malaysia Secures USD 900 Million in Potential Investments During France Trade Mission

Malaysia Secures USD 900 Million in Potential Investments During France Trade Mission

Malaysia’s trade and investment mission to France in July 2025 secured an estimated MYR 4 billion (USD 900 million) in potential investments and MYR 675 million (USD 152 ...
Türkiye and Malaysia Partner on Joint Production of EREN 4×4 Armored Vehicles

Türkiye and Malaysia Partner on Joint Production of EREN 4×4 Armored Vehicles

Turkish defense vehicle manufacturer Katmerciler has entered into a cooperation agreement with Malaysia’s Deftech to jointly manufacture and export the EREN 4x4 armored ...
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