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

UK’s MOBILIST Program Invests in Philippine Renewable Energy IPO

UK’s MOBILIST Program Invests in Philippine Renewable Energy IPO

UK’s MOBILIST program announced its investment in the initial public offering (IPO) of Citicore Renewable Energy Corporation (CREC) on the Philippine Stock Exchange (PSE), ...
BCDA Partners with Danish Company for New Clark City’s Decarbonization

BCDA Partners with Danish Company for New Clark City’s Decarbonization

The Bases Conversion and Development Authority (BCDA) has partnered with Danish green solutions company Danfoss Inc. to drive sustainability and decarbonization efforts in ...
Singapore and Taguig City Collaborate to Enhance Maternal Health with Expanded Breast Milk Bank and Telemedicine Services

Singapore and Taguig City Collaborate to Enhance Maternal Health with Expanded Breast Milk Bank and Telemedicine Services

Singapore’s KK Women’s and Children’s Hospital (KKH) and SingHealth Duke-NUS Maternal and Child Health Research Institute (MCHRI) have signed a memorandum of understanding ...
Nissin’s USD 21.78 million Biscuit Factory in Davao Approved by BOI

Nissin’s USD 21.78 million Biscuit Factory in Davao Approved by BOI

The Board of Investments (BOI) has approved Monde Nissin Corporation’s USD 21.78 milion investment in a new biscuit manufacturing facility in Davao City. The facility, ...
Clark Food Hub to Tackle Agricultural Storage and Logistics Issues

Clark Food Hub to Tackle Agricultural Storage and Logistics Issues

A new National Food Hub is set to rise in Clark, aiming to become the Philippines' largest agro-logistics facility. The PHP 8.5 million (USD 150,000) project will span 62 ...
Delaware Philippines Partners with LIPAD for Airport Automation and Upgrades

Delaware Philippines Partners with LIPAD for Airport Automation and Upgrades

Delaware Philippines, a global provider of information and communication technologies (ICT), has joined forces with Luzon International Premiere Airport Development (LIPAD) ...
US Invests USD 32 Million to Upgrade Basa Air Base in the Philippines

US Invests USD 32 Million to Upgrade Basa Air Base in the Philippines

The Pentagon has awarded a USD 32 million contract for upgrades to Basa Air Base in the Philippines, part of a broader initiative to enhance military infrastructure under the ...
Construction of Tacloban Airport Terminal Phase 3 Set to Begin

Construction of Tacloban Airport Terminal Phase 3 Set to Begin

The Department of Public Works and Highways (DPWH) is set to commence the PHP 1.5 billion (USD 26.4 million) third phase of the new passenger terminal at Daniel Z. Romualdez ...
Mober Launches EV Delivery and Warehousing Services in Cebu

Mober Launches EV Delivery and Warehousing Services in Cebu

Mober, a leader in green logistics in the Philippines, has introduced sustainable delivery services in Cebu to support Ikea Philippines' regional expansion. Utilizing a 100% ...
Thailand’s Central Food Retail Reveals Aggressive Expansion Plan

Thailand’s Central Food Retail Reveals Aggressive Expansion Plan

Central Food Retail has announced an ambitious expansion plan to dominate Thailand's food retail sector by reaching 1,000 stores by 2027. This strategy was detailed by Food ...
B.Grimm Becomes Thailand’s First Private Company to Imports LNG Cargo

B.Grimm Becomes Thailand’s First Private Company to Imports LNG Cargo

Thailand's B.Grimm Power has successfully imported its first liquefied natural gas (LNG) cargo, amounting to 65,000 tonnes, becoming the first private company in the country ...
Western Digital Invests USD 693 Million in Thailand

Western Digital Invests USD 693 Million in Thailand

Thailand has approved Western Digital’s investment project valued at THB 23.5 billion (approximately USD 693 million), marking a significant development in the country's data ...

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