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

ABB Powers Singapore’s First Floating LNG Terminal

ABB Powers Singapore’s First Floating LNG Terminal

ABB, a global company in electrification and automation, was awarded a contract by South Korea’s Hanwha Ocean to supply a complete electric power and propulsion system for ...
Singapore Rolls Out Self-Driving Shuttles in Punggol to Boost Connectivity by 2026

Singapore Rolls Out Self-Driving Shuttles in Punggol to Boost Connectivity by 2026

Singapore launched its first self-driving shuttles in Punggol in September 2025, with public passenger services set to begin in 2026, as announced by Acting Transport ...
Singapore’s P-8A Aircraft Boost Anti-Submarine Defense and Deepen US Ties

Singapore’s P-8A Aircraft Boost Anti-Submarine Defense and Deepen US Ties

Singapore’s acquisition of four Boeing P-8A maritime patrol aircraft, announced by Defence Minister Chan Chun Sing during a September 10, 2025, meeting at the Pentagon with ...
Singapore Targets Over 2-3% Growth Through AI and Workforce Upskilling

Singapore Targets Over 2-3% Growth Through AI and Workforce Upskilling

On September 22, 2025, Singapore’s Deputy Prime Minister Gan Kim Yong addressed Parliament, outlining a strategic vision to exceed the projected 2-3% annual economic growth ...
SM Group Targets Growth in the Expanding Wellness Economy

SM Group Targets Growth in the Expanding Wellness Economy

The SM Group announced its commitment to capturing opportunities in the rapidly growing health and wellness market, as the Philippines continues to emerge as a key player in ...
Coca-Cola Europacific Partners and Aboitiz Break Ground on 42-Hectare Mega Plant in Tarlac

Coca-Cola Europacific Partners and Aboitiz Break Ground on 42-Hectare Mega Plant in Tarlac

Coca-Cola Europacific Aboitiz Philippines (CCEAP) has started construction of a 42-hectare manufacturing facility in Tarlac City, which will become Coca-Cola’s largest ...
First Balfour Adopts AI-Powered System to Streamline Construction Management

First Balfour Adopts AI-Powered System to Streamline Construction Management

First Balfour Inc., the construction and engineering arm of the Lopez Group, has launched an artificial intelligence (AI)-powered construction management system (CMS) to ...
US EdTech Firm Instructure Establishes Asian Hub in the Philippines

US EdTech Firm Instructure Establishes Asian Hub in the Philippines

Instructure, a leading American educational technology company and developer of the Canvas Learning Management System (LMS), has chosen the Philippines as the location for ...
Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Singapore’s Temasek Group, through its impact investment arm ABC Impact Fund II LP, has finalized a deal to acquire a 16% stake in Ayala Healthcare Holdings Inc. (AC Health), ...
EU Strengthens Public-Private Partnerships for Circular Economy and Waste Management in the Philippines

EU Strengthens Public-Private Partnerships for Circular Economy and Waste Management in the Philippines

The European Union (EU), in collaboration with the Philippine Public-Private Partnership (PPP) Center and the Department of Environment and Natural Resources (DENR), has ...
BOI Endorses PHP 6 Billion (USD 102 Million) Solar Project in Camarines Norte

BOI Endorses PHP 6 Billion (USD 102 Million) Solar Project in Camarines Norte

The Board of Investments (BOI) has endorsed Citadel Energy Corporation’s PHP 6 billion (USD 102 million) 180-megawatt solar power project in San Vicente, Camarines Norte, ...
Philippines Secures PHP 51 Billion (USD 870 Million) in New Japanese Investments

Philippines Secures PHP 51 Billion (USD 870 Million) in New Japanese Investments

The Philippine economic team has secured around PHP 51 billion (USD 870 million) in new investments and project expansions from major Japanese conglomerates following ...
No results found.

Explore Our Services