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
JTC Expands Land for Semiconductor Manufacturing as Singapore Strengthens Its Role in the Global Chip Industry
JTC, Singapore's government industrial planner, is preparing to expand the country's semiconductor manufacturing capabilities by increasing available land in its wafer ...
Singapore Launches Roads Innovation Lab to Drive AI and Quantum Computing in Transportation
Singapore is advancing its transportation sector with the launch of a new Roads Innovation Lab by the Land Transport Authority (LTA), aimed at accelerating the integration of ...
Israeli Agritech Firms Keen to Collaborate with the Philippines
Eleven Israeli companies are set to introduce and sell advanced agricultural technologies in the Philippines. The Israel Agricultural-Tech Roadshow in Makati City attracted ...
U.S. Commits USD 500M to Modernize Philippine Military and Coast Guard
The U.S. and Philippine officials have unveiled new initiatives to strengthen defense and security cooperation. The U.S. will provide USD 500 million in foreign military ...
Converge ICT Solutions Partners with U.S.-based Super Micro Computer for AI Integration in Data Centers
Converge ICT Solutions Inc. has announced a partnership with Super Micro Computer Inc. to integrate artificial intelligence (AI) into its three upcoming data centers in ...
NEDA Approves USD 287.5 Million for Digital Infrastructure and National Broadband Program
The National Economic Development Authority (NEDA) board has approved a USD 287.5 million allocation for the Philippines' infrastructure flagship projects, including the ...
ExxonMobil Appoints Juliana Holdings as Official Distributor of Mobil Lubricants in the Philippines
ExxonMobil Asia Pacific Pte. Ltd. has selected Juliana Holdings Inc. as the authorized distributor of Mobil-branded lubricants in the Philippines. With a strong background in ...
Philippines Unveils AI Strategy Roadmap 2.0 to Boost Economic Growth
The Department of Trade and Industry (DTI), with support from the Asian Development Bank (ADB), launched the National Artificial Intelligence Strategy Roadmap 2.0 (NAISR 2.0) ...
Department of Energy to Launch Renewable Energy and Storage-Focused Auction
The Philippines' Department of Energy (DOE) has announced plans for its fourth Green Energy Auction (GEA-4), scheduled for the fourth quarter of 2024. This auction will ...
Philippines Allocates USD 4.63 Billion for Flood Control in 2025 Budget
The Philippine government has proposed a budget of USD 4.627 billion (PHP 257.06 billion) for flood control in 2025, marking a significant investment in mitigating the ...
PEZA and FDA Sign Agreements to Boost Philippine Pharma-Medical Sector
The Philippine Economic Zone Authority (PEZA) and the Food and Drug Administration (FDA) recently signed two significant agreements aimed at enhancing the pharmaceutical and ...
Taiheiyo Cement Inaugurates USD 234 Million Plant in Cebu, Boosting Philippine Cement Production
The Department of Trade and Industry (DTI) announced the inauguration of Taiheiyo Cement Philippines Inc.’s (TCPI) new USD 234 million (PHP 12.8 billion) production plant in ...
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