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

Singapore and Indonesia Strengthen Defense Ties with Joint Military and Cyber Defense Cooperation

Singapore and Indonesia Strengthen Defense Ties with Joint Military and Cyber Defense Cooperation

Singapore and Indonesia have agreed to strengthen their defense cooperation through joint military exercises across land, sea, and air operations. The initiative is aimed at ...
Singapore and EFTA Conclude Digital Economy Agreement to Facilitate Data Flows and Boost Digital Trade

Singapore and EFTA Conclude Digital Economy Agreement to Facilitate Data Flows and Boost Digital Trade

Singapore and the European Free Trade Association (EFTA) have finalized the EFTA-Singapore Digital Economy Agreement (ESDEA), aiming to facilitate seamless data flows and ...
7-Eleven Targets 5,000 Philippine Stores by 2026

7-Eleven Targets 5,000 Philippine Stores by 2026

Philippine Seven Corp. (PSC), the exclusive licensor of 7-Eleven in the Philippines, expects to surpass 5,000 stores by 2026, driven by aggressive expansion in the Visayas ...
Fujifilm to Remanufacture Printers in the Philippines

Fujifilm to Remanufacture Printers in the Philippines

Fujifilm Business Innovation Japan is expanding its sustainability efforts by establishing a Circular Manufacturing Center (CMC) at its Laguna factory in the Philippines. The ...
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 ...
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