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
21 Applications Received for Singapore’s Digital Banking Licenses
Applications for Singapore's digital bank licenses closed on 31 December, 2019. The Monetary Authority of Singapore (MAS) announced in June 2019 that it will issue up to five ...
Telemedicine Program Launched by Department of Health in CALABARZON Region
The Department of Health (DOH) in the CALABARZON Region (covering the provinces of Cavite, Laguna, Batangas, Rizal, Quezon) has rolled out a telemedicine program, in ...
Regulator Approves First Digital-Only Bank in the Philippines
The Central Bank of the Philippines (BSP) has granted a banking license to TONIK Digital Bank (TONIK), the local subsidiary of Singapore-based fintech start-up, TONIK ...
Philippines Evaluating Swedish and US Planes for Multi-Role Fighter
The Department of National Defense (DND) announced that the Philippine Air Force (PAF) is evaluating 2 aircraft types for its multi-role fighter (MRF) project. One of the ...
Philippines Aims for Garments and Textile Industry Revival
The Philippine government recently rolled out a Garments and Textile Industry Roadmap with the aim of jumpstarting the industry's resurgence and gain back its reputation as a ...
Philippine Economic Zone Authority Pursues 10% Investment Growth in 2020
The Philippine Economic Zone Authority (PEZA) seeks to recover from a decline as the agency is targeting to expand its registered investments from 5 to 10% during 2020. The ...
Nearly PHP 4 Billion Worth of Tourism Infra Projects Approved in the Philippines
The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) Board in the Philippines recently approved almost PHP 4 billion (USD 79 million) worth of tourism ...
Japanese Energy Company Participates in A Microgrid Project in the Philippines
Japanese Energy company, Kyushu Electric Power Group (Kyuden Group) announced that it will participate in a Microgrid Project on the islands of Palawan and Cebu in the ...
Iloilo Solid Waste Project Gets PPP Center Backing
The Philippines’ Public-Private Partnership (PPP) Center has approved Iloilo City’s Integrated Solid Waste Management (SWM) Facility Project for Project Development and ...
“Monki” Brand by Swedish Fashion Group H&M Enters the Philippines
Swedish fashion group H&M will launch its Monki brand in the Philippines, the second South East Asian market for the company’s diffusion brand which mainly caters to ...
Spanish Solarpack Wins 21-Year Solar PPA for 116 MW Plant in Malaysia
Spanish solar developer Solarpack has been awarded a 21-year power purchase agreement (PPA) by the Malaysian Energy commission Suruhanjaya Tenaga (ST) for a 116-MW solar ...
Marine Debris Policy to be Introduced in Malaysia
Malaysian Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC) Yeo Bee Yin announced that a marine debris policy will be established by the ...
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