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

Contract Awarded for Construction of Influent Pumping Stations at Tuas Water Reclamation Plant

PUB, Singapore's National Water Agency, has appointed Koh Brothers Building & Civil Engineering Contractor (Pte) Ltd and China Harbour (Singapore) Engineering Company ...

365,000 Singapore Residents to Benefit from Higher Healthcare Subsidies

The Ministry of Health (MOH) in Singapore has reviewed the income criteria for means-tested healthcare subsidy and assistance schemes. More than 365,000 Singapore Residents ...

PLDT Subsidiary Signs Lease Agreements with Three Common Tower Providers

Smart is the latest addition to telecommunication companies partnering with common tower providers in an effort to ramp up network connectivity nationwide. The company has ...

Philippines Navy to Order Patrol Vessels from Austal

The Department of National Defense (DND) will source six new Offshore Patrol Vessels (OPVs) of the Philippine Navy from Austal Philippines, a Filipino-Australian ship ...

Megaworld to Spend PHP 10 Billion to Build 8 Malls Outside Metro Manila

Leading real estate developer, Megaworld is planning to open eight new Megaworld Lifestyle Malls outside of Metro Manila, in key regional centers across the country in the ...

Manila Water Unit Opens New Hybrid Treatment Facility

Manila Water Philippine Ventures unit, Bulacan Aqua Estates, recently inaugurated an innovative treatment facility that will deliver as much as one million liters of clean, ...

Groundworks to Begin Soon for USD 3.5 Billion Subway in Manila’s Top CBD

The Makati City government has recently signed a joint venture (JV) agreement with local contractor Philippine Infradev Holdings Inc. (Infradev) for the construction and ...

First PPP Project Launched to Support Universal Health Care Law in the Philippines

In August 2019, the Department of Health (DOH) of the Philippines launched its first Public-Private Partnership (PPP) project that aims to strengthen the implementation the ...

First Local Manufacturing of Side Member Panels Inaugurated by Toyota Motor Philippines

Toyota Motor Philippines Corp (TMP) recently inaugurated its PHP 1 billion (~USD 19 million) high-technology press line, allowing the company to begin with onshore ...

First Company Registered Under Revised Corporation Code in the Philippines

Markable Solutions Philippines, Inc., founded by two US nationals and an Indian partner, became the first ordinary corporation organized by less than five incorporators as a ...

Duterte Signs 25-Year Renewable Energy Franchise Granting Solar Firm Business to Distribute Electricity

President Rodrigo Duterte signed the Republic Act No. 11357 which grants a 25-year renewable Energy franchise to Solar Para sa Bayan Corporation (SPBC) to provide electricity ...

Smart EV Manufacturing Plant to be Opened in Negeri Sembilan

Malaysia is anticipated to have its first electric vehicle (EV) smart Manufacturing plant soon. A feasibility study has been initiated for a plant to be set up on a ...

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