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
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 ...
MyNews Introducing Fresh Food at its Convenience Stores
MyNews Holdings Berhad, the parent company for local convenience store MyNews, has recently launched its own food processing center (FPC) to produce fresh food to be placed ...
MEA Malaysia: 12th Malaysia Plan Will Focus on Shared Prosperity
Speaking at an economic symposium organized by the Malaysian Parliament on 26 July, the deputy secretary-general (macro) of the Ministry of Economic Affairs (MEA) said that ...
Malaysian Firm to Provide Drone-Based Infrastructure Management Services in Japan
Aerodyne Group, a Malaysia-headquartered international drone-based managed solutions provider, has formed a partnership with Japan Infrastructure Waymark Co Ltd (JIW), a ...
Malaysia to Introduce Digital Content Ecosystem Policy to Boost Gaming & Animation Exports
The Ministry of Communications and Multimedia of Malaysia (MCMC) is working with the Malaysia Digital Economy Corporation (MDEC) to develop a Digital Content Ecosystem (DICE) ...
Malaysia to Gain Improved Access to Turkish Defense Technology
During a visit to Turkey in July 2019, the Malaysian Prime Minister, Tun Dr Mahathir Mohamad said that Turkey has offered to support the development of the local defense ...
Malaysia and Philippines Sign MoU to Boost Healthcare Collaboration
A Memorandum of Understanding (MoU) has been signed between the Health Ministries of Malaysia and the Philippines to foster collaboration in various areas of the healthcare ...
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