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

Philips Partners with Ayala for Integrated Health Technology Solution

Philips Philippines and Ayala Healthcare Holdings Inc. (AC Health) signed a memorandum of understanding to build an integrated and advanced health technology solution. The ...

Philippines Unveils National ICT Ecosystem Framework

The Philippines’ Department of Information and Communications Technology (DICT) has launched a roadmap for national ICT development and policy formulation co-developed with a ...

Philippines Secures Investment Pledges of USD 1.24 Billion from Japanese Firms

Trade and economic relationship between the Philippines and Japan remains strong, as the Department of Trade and Industry (DTI), Philippines and the Board of Investments ...

Philippine Infradev Subsidiary for Subway Projects Gets Approval from SEC

The Securities and Exchange Commission (SEC) has approved the application of Infrastructure and real estate company Philippine Infradev Holdings Inc to incorporate Makati ...

New PHP 1 Billion Bread-Making Factory Opened in Mindanao

Gardenia Bakeries Philippines Inc. announced the inauguration of its new 2.5 hectare plant in Mindanao. The PHP 1 billion (USD 19 million) production facility is located in ...

Metrojet Begins Construction of FBO/MRO Complex in the Philippines

Hong Kong based business jet operator, Metrojet, commenced the construction of a 26,000 square meter aviation parking and maintenance facility in the Philippines. The USD 25 ...

First Gen Receives Notice to Proceed with LNG Terminal Project

FGEN LNG Corporation (FGEN LNG), a wholly-owned subsidiary of Philippine Energy company, First Gen Corporation (First Gen), has learned of the approval of its application for ...

Alfamart to Open 200 New Stores in the Philippines

Indonesian mini-mart chain company, Alfamart, is planning to open 200 new stores in the Philippines in 2019, according to a report by Fitch Ratings. Alfamart has partnered ...

US-Incubated Solar Technology Launches at Hanwha Factory in Malaysia

Massachusetts-based silicon wafer manufacturer 1366 Technologies with its strategic partner Hanhwa Q CELLS Malaysia Sdn Bhd, a subsidiary of South Korean module manufacturer ...

TNB, PWD to Collaborate on Renewable Energy

Tenaga Nasional Berhad (TNB), the national utility company of Malaysia, is set to work with the Public Works Department (PWD) following the signing of a memorandum of ...

Study on Use of Plastic Waste to Pave Roads Under Way

The Public Works Department (PWD) of Malaysia, through its Centre of Excellence for Engineering and Technology (CREATE), is studying road pavement technology utilizing ...

Selangor Unveils Action Plan to Develop Aerospace Industry in the State

The Selangor state through its investment promotion agency, Invest Selangor Berhad (Invest Selangor) has outlined about 30 action plans under a Selangor Aerospace Action ...

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