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

Malaysia and Indonesia Forge Landmark Telecom Partnership for Digital Advancement

Malaysia and Indonesia Forge Landmark Telecom Partnership for Digital Advancement

Malaysia's Persatuan Penyedia Infrastruktur Telekomunikasi Malaysia (PPIT) and Indonesia's Asosasi Pengembang Infrastruktur dan Menara Telekomunikasi (ASPIMTEL) have entered ...
Careplus and Go Auto’s Joint Venture to Build USD 127 Million GreenTech Facility for Electric Vehicle Production

Careplus and Go Auto’s Joint Venture to Build USD 127 Million GreenTech Facility for Electric Vehicle Production

Malaysia's Careplus Group Bhd, a medical device manufacturer, and Go Auto Group Sdn Bhd, a local automotive importer, are collaborating through their joint venture, NexV ...
Foreign EV Manufacturers to Set Up Shops in the Philippines

Foreign EV Manufacturers to Set Up Shops in the Philippines

The Philippine Economic Zone Authority (PEZA) announced that four electric vehicle manufacturers were considering the Philippines as a manufacturing base. These include two ...
Philippine Conglomerate Metro Pacific Investments Secures Green Investments Incentives

Philippine Conglomerate Metro Pacific Investments Secures Green Investments Incentives

Metro Pacific Agri Ventures (MPAV), a subsidiary of conglomerate Metro Pacific Investments Corporation with investments in infrastructure, tolls, power, and water, was ...
NEDA Greenlighted 3 High-Impact Infrastructure Projects

NEDA Greenlighted 3 High-Impact Infrastructure Projects

During the 11th meeting convened by President Ferdinand R. Marcos Jr. at the Malacañang Palace in Manila, the National Economic and Development Authority (NEDA) Board ...
More International Beverage Brands Open in Malaysia

More International Beverage Brands Open in Malaysia

Several international beverage brands are tapping into the Malaysian market, taking advantage of the growing number of upscale urban shopping centers. Notable entrants, ...
PEZA Targets 15% Investment Growth in 2024

PEZA Targets 15% Investment Growth in 2024

The Philippine Economic Zone Authority (PEZA) aims to achieve a minimum of 15% growth in approved investments for the year 2024. PEZA Director General Tereso Panga stated ...
UK Government Strengthens Healthcare Partnerships with the Philippines

UK Government Strengthens Healthcare Partnerships with the Philippines

The UK’s Department for Business and Trade (DBT) and the British Embassy in Manila hosted a Trade Mission last 29 November – 1 December composed of National Health Service ...
Swiss Grocer Disrupts Retail Market in the Philippines

Swiss Grocer Disrupts Retail Market in the Philippines

The Philippine retail scene, traditionally dominated by giants like SM, Robinsons Retail, and Puregold, faces a potential disruptor in DALI, a Swiss grocer quietly gaining ...
AFP Expands Defense of the Philippines’ Exclusive Economic Zone in WPS

AFP Expands Defense of the Philippines’ Exclusive Economic Zone in WPS

As the Armed Forces of the Philippines (AFP) gains ground in its anti-insurgency efforts, the focus is shifting towards bolstering external defense capabilities. This ...

DTI Delves Into AI Technology to Improve Philippine Economy

President Ferdinand R. Marcos Jr. and Department of Trade and Industry (DTI) Secretary Alfredo Pascual have met with Silicon Valley Technology companies and investors for a ...
ADB and ACEN Sign PHP 5.5 Billion Loan for Solar Energy Expansion in the Philippines

ADB and ACEN Sign PHP 5.5 Billion Loan for Solar Energy Expansion in the Philippines

The Asian Development Bank (ADB) and ACEN Corporation have signed a sustainability-linked loan of up to PHP 5.5 billion (USD 100 million) to boost solar energy capacity in ...

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