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
Vietnam to Invest in Gas-to-Power Plants to Reach Its Target by 2030
Currently, Vietnam lacks operational gas-to-power plants, but the country has plans to have four such facilities with a combined capacity of 6,634 MW operational by ...
Renewable Energy and Semiconductos Set to Be Key Focus on Vietnam-US Cooperation
A senior US official announced in January 2024 that fifteen American companies, including semiconductor firms, are interested in investing USD 8 billion in Vietnam's clean ...
Boeing Suppliers Plan Increased Investment in Vietnam
According to local authorities, KP Aero, a South Korean aviation industry supplier producing components for Boeing aircraft, plans to invest USD 20 million in establishing a ...
Nestlé to Invest USD 100 Million in Coffee Factory in Vietnam
In January 2024, Nestlé Vietnam announced a USD 100 million investment to increase production capacity at its Tri An coffee factory, located in the southern province of Dong ...
Vietnam’s VinGroup Keen to Establish an EV Battery Manufacturing Plant in the Philippines
VinGroup, Vietnam’s largest conglomerate with interests spanning technology, industrial sectors, real estate development, retail, healthcare, and hospitality, has shown keen ...
US Agricultural Exports to the Philippines Projected to Pass Record Rate
The report from the US Department of Agriculture’s Foreign Agricultural Services (FAS) on the Philippines highlights promising growth as a market for US agricultural exports. ...
Philippines Greenlights USD 35 Billion Military Modernization Plan
The Philippine government has given the green light to a revised military modernization plan, dubbed "Re-Horizon 3," allocating a staggering two trillion Philippine pesos, ...
IKEA Expands Reach Across the Philippines, Prioritizing Accessibility and Sustainability
Swedish home furnishing giant IKEA has announced its expansion into major cities across the Philippines, further solidifying its footprint in the country's burgeoning ...
Philippines and Brazil Enhance Collaboration Across Various Sectors
President Marcos expressed his commitment to strengthen the Philippines' ties with Brazil in various sectors such as agriculture, trade, defense, and climate change. During ...
DOH Plans 28 Ambulatory Care Facilities for Enhanced Healthcare Access in the Philippines
The Department of Health (DOH) aims to enhance healthcare accessibility for impoverished Filipinos by constructing 28 National Ambulatory and Urgent Care Facilities across ...
DENR and UNDP Underscore the Potential of Circular Economy to Expedite Climate Targets
The transformative impact of circular economy in meeting climate targets was highlighted during a forum organized by the Philippine Government and the United Nations ...
Offshore Wind Energy is a Now Priority in the Philippines’ RE Portfolio
The Philippines Department of Energy (DOE) has recognized offshore wind energy as one of its key focus within the nation's renewable energy (RE) sector.
In a statement in ...
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