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

Philippines Launches “Re-Horizon 3” to Boost Defense Modernization

Philippines Launches “Re-Horizon 3” to Boost Defense Modernization

The Philippines has launched the "Re-Horizon 3" military modernization initiative to strengthen its defense capabilities. Despite financial constraints, the country aims to ...
Swiss Insurtech Firm Partners with Globe to Enter the Philippine Market

Swiss Insurtech Firm Partners with Globe to Enter the Philippine Market

Swiss-based insurance technology (insurtech) firm discovermarket has announced its entry into the Philippine market through a partnership with Globe, aiming to introduce ...
Aboitiz InfraCapital Launches TARI Estate to Boost Industrial Development in Central Luzon

Aboitiz InfraCapital Launches TARI Estate to Boost Industrial Development in Central Luzon

Aboitiz InfraCapital Economic Estates has commenced the development of TARI Estate, a significant new industrial hub in the province of Tarlac, Philippines. Leveraging ...
Luzon Economic Corridor To Propel the Philippines as a Regional Economic Hub

Luzon Economic Corridor To Propel the Philippines as a Regional Economic Hub

The Philippines is strategically positioning itself as a regional hub for smart manufacturing and services, capitalizing on its advantageous geographic location and active ...
Makati Life Medical Center Partners with United Imaging for Advanced Cancer Detection Technology

Makati Life Medical Center Partners with United Imaging for Advanced Cancer Detection Technology

Makati Life Medical Center is set to bring advanced cancer detection and treatment technology to the Philippines through a partnership with United Imaging Healthcare, ...
US and the Philippines to Collaborate on Nuclear Power Training

US and the Philippines to Collaborate on Nuclear Power Training

The Philippines and the United States have agreed to train Filipinos in building and operating nuclear power plants to enhance the country's electricity supply. This ...
Shell Energy Secures Offtake Agreement for North Negros Biomass Plant

Shell Energy Secures Offtake Agreement for North Negros Biomass Plant

Shell Energy Philippines has entered into an offtake agreement with the Thomas Lloyd Group's North Negros Biopower Inc. for its biomass plant in Negros Occidental. Thomas ...
US Investment Firm Cerberus and South Korea’s HD Hyundai Partner to Revitalize Shipbuilding in Subic Bay

US Investment Firm Cerberus and South Korea’s HD Hyundai Partner to Revitalize Shipbuilding in Subic Bay

President Ferdinand R. Marcos Jr. announced that US equity firm Cerberus and South Korea's HD Hyundai Heavy Industries have partnered to revitalize the shipbuilding industry ...
Singapore Leads USD 5 Billion Fundraising for Asia’s Climate Projects

Singapore Leads USD 5 Billion Fundraising for Asia’s Climate Projects

At the "Financing Asia’s Transition (FAST) Conference 2024" the Monetary Authority of Singapore (MAS) unveiled the "Financing Asia’s Transition Partnership" (FAST-P), a USD 5 ...
Singapore to Launch Hospital Campus with 1,400 Beds by 2030

Singapore to Launch Hospital Campus with 1,400 Beds by 2030

Singapore's healthcare infrastructure is set to undergo a transformative expansion with the introduction of a pioneering hospital campus in the eastern region by 2030. This ...
Changi Airport Plans Underground Link Between Terminals T2 and T5

Changi Airport Plans Underground Link Between Terminals T2 and T5

Changi Airport announces plans to build a 2.5km underground link connecting the future Terminal 5 (T5) to Terminal 2 (T2), part of ongoing efforts to enhance inter-terminal ...
Singapore Invests USD 60 Million in National Robotics Programme to Drive Industry Adoption

Singapore Invests USD 60 Million in National Robotics Programme to Drive Industry Adoption

Singapore is injecting USD 60 million into its National Robotics Programme (NRP) to propel robot adoption across manufacturing, logistics, and healthcare sectors. Led by the ...

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