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
Council of the European Union Approves EU-Singapore Free Trade Agreement
On 8 November 2019, the Council of the European Union (EU), comprising ministerial-representatives of the EU’s 28 member states, has adopted the decision to conclude the ...
Changi Airport Group Awards Liquor & Tobacco Concession to Lotte
Changi Airport Group (CAG) announced on 24 October 2019 that it has awarded its core-category Liquor & Tobacco concession tender to South Korean retailer, Lotte Duty Free ...
A*STAR Launches Hyper-Personalized Manufacturing Initiative for FMCG Sector
Singapore's lead public sector research agency, Agency for Science, Technology and Research (A*STAR) launched a SGD 38 million (USD 28 million) hyper-personalized ...
San Miguel Corporation to Use Biodegradable Plastics Packaging
San Miguel Corporation (SMC) is set to become the first Filipino company to utilize fully-certified biodegradable plastic packaging. The company is tapping a local ...
Philippines Jumps by 29 Places in Ease of Doing Business Rankings
The Philippines has achieved its highest recorded improvement since 2010 in the latest World Bank’s Ease of Doing Business (EODB) Report, as the country’s ranking jumped 29 ...
Philippine Company Signs MOU on Energy and Construction Projects with US Engineering Firm
Philippine company OrionGroup International has signed a memorandum of understanding (MOU) with US firm, Burns & McDonnell for Energy and construction projects in the ...
Philippine Air Force Acquires C-295M Aircraft from Spain
The newest aircraft under the Armed Forces of the Philippines’ (AFP) Modernization Program was formally received by the Philippine Air Force (PAF) and Department of National ...
NOW Telecom Partners with South Korea’s SK Telecom for Commercial 5G Rollout
NOW Corporation and its subsidiary, NOW Telecom Company, Inc, another wireless telecommunications provider in the Philippines, entered into a strategic partnership with South ...
Manufacturing Support Initiatives Eyed by Philippine Department of Trade and Industry
The Department of Trade and Industry is undertaking an assessment of the Philippines' overall Manufacturing strategy with the aim of strengthening support to manufacturers ...
Grocery Retailer Eyes Rapid Growth in the Philippines
Philippine grocery retailer MerryMart Grocery Centers Inc announced that it plans to open 10 stores in 2019 before accelerating its expansion in the next decade. The company ...
Conglomerates Bid for the USD 10-billion Sangley Airport Project
Bid submissions for the USD 10-billion Sangley Airport project in the province of Cavite has just recently concluded on November 25, 2019. Six groups have bought joint ...
Bill for E-Health System in the Philippines Progresses Through House
The proposed bill that aims to establish the Philippine eHealth System and Services in the Philippines has passed the initial phase in the House of Representatives. The ...
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