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

KKR Invests USD 33 Million in Singapore Energy Savings Company

Global private equity firm, KKR & Co. is buying a stake valued at SGD 45 million (USD 33 million) in Barghest Building Performance, a Singapore provider of energy saving ...

Equinix to Open Fourth Data Center in Singapore

Equinix, Inc., the global interconnection and data center company, announced on January 7 that it  will build its fourth International Business Exchange (IBX) data center ...

Economic Development Board of Singapore Restructures Operations

According to a report in the Straits Times, dated 7 January, 2019, the Economic Development Board of Singapore has sorted its staff into three 'streams' to help build deeper ...

Vista Land Plans to Adds 7 New Malls to its Portfolio by 2020

Vista Land & Lifescapes Inc, one of the largest property companies in the Philippines, plans to complete seven new malls over the next two years that will add 274,000 square ...

Tanglawan Philippine LNG Inc Receives Approval to Build Terminal

The Tanglawan Philippine LNG Inc has been granted by the Department of Energy the Notice to Proceed to build an LNG terminal in Batangas. The company plans to break ground by ...

Spain Offers €300 Million Funding for Philippine Infrastructure Projects

Two memorandum of understanding (MOU) are currently being finalized by the Spanish Embassy in the Philippines and the Philippines' Department of Finance (DOF), following ...

Philippines Legislature Passes Bill Creating Space Agency

In December 2018, the Philippines House of Representatives approved House Bill No. 8541, or the Philippine Space Development Act, designed to help beef up the country’s ...

Philippine Bill Aims to Open SMEs and Start-ups to Foreign Investors

The Philippine House of Representatives has approved House Bill No. 8764 on its final reading, which attempts to amend the Republic Act No. 7042, referred to as the Foreign ...

New Law in Philippines Aims to Enhance Government Response to HIV-AIDS

The Philippine government is going to strengthen its response to Human Immunodeficiency Virus (HIV) and Acquired Immune Deficiency Syndrome (AIDS) cases as President Rodrigo ...

ICS-Verint Venture to Develop National Cybersecurity Platform for Philippines

The Department of Information and Communications Technology (DICT) in the Philippines has awarded a contract for the development of a national cybersecurity platform called ...

DENR Prepares to Launch Manila Bay Rehabilitation Project

The Philippine government has entrusted the Department of Environment and Natural Resources (DENR) to spearhead the rehabilitation of Manila Bay. President Rodrigo Duterte is ...

Cargill Subsidiary and Filipino Realtor Ramp up Development of Industrial Complexes

The Philippine subsidiary of multinational firm Cargill, Cargill Joy Poultry Meats Production (or C-Joy), has partnered with Filipino company CentralHub Industrial Centers to ...

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