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

Japanese Footwear Retailer ABC-MART to Open Flagship Stores in Manila

Japanese Footwear Retailer ABC-MART to Open Flagship Stores in Manila

Japanese footwear retailer ABC-MART will open its first flagship stores in Manila in 2025 through a joint venture with SONAK Retail Group. The collaboration will introduce ...
Hyundai to Launch Shipbuilding Operations in the Philippines

Hyundai to Launch Shipbuilding Operations in the Philippines

South Korean conglomerate HD Hyundai plans to begin shipbuilding operations in the Philippines early in 2026. The development follows the signing of a 10-year lease agreement ...
ISON Group to Invest USD 300 Million in Philippine Digital Infrastructure

ISON Group to Invest USD 300 Million in Philippine Digital Infrastructure

India-based iSON Group plans to invest up to USD 300 million over the next decade to strengthen digital infrastructure in the Philippines. The company intends to develop ...
Converge Connects Philippines to Asia-Pacific Subsea Cable System

Converge Connects Philippines to Asia-Pacific Subsea Cable System

Broadband and technology provider Converge ICT Solutions Inc. announced that an Asia-Pacific subsea cable system has reached Philippine shores, supporting the country’s ...
The Philippines Emerges as Healthtech Outsourcing Hub

The Philippines Emerges as Healthtech Outsourcing Hub

The Philippines is emerging as a key player in the growing global health-care outsourcing market, a trend that has increased the need for efficient cross-border payments. New ...
The Philippines Partners with South Korea for Nuclear Energy

The Philippines Partners with South Korea for Nuclear Energy

The Manila Electric Company (Meralco) will begin sending scholars to South Korea in March 2026 as part of its Nuclear Energy Strategic Transition program. The initiative is ...
Uttamenergy to Build USD 70-Million Waste-to-Energy Plant In New Clark City

Uttamenergy to Build USD 70-Million Waste-to-Energy Plant In New Clark City

Indian engineering firm Uttamenergy Limited will develop a USD 70 million waste-to-energy facility in New Clark City under an agreement with the Bases Conversion and ...
The Philippines Positioned to Become Regional Pharmaceutical Hub

The Philippines Positioned to Become Regional Pharmaceutical Hub

The Philippines is emerging as a potential pharmaceutical hub in Southeast Asia as new investments flow into the country’s economic zones. BMI Country Risk & Industry ...
The Philippines and Australia to Enter Defense Cooperation Agreement in 2026

The Philippines and Australia to Enter Defense Cooperation Agreement in 2026

The Philippines and Australia recently signed a statement of intent to pursue a Defense Cooperation Agreement aimed at strengthening security relations. Australian Deputy ...
Canada Sees Growing Agrifood Trade Opportunities in the Philippines

Canada Sees Growing Agrifood Trade Opportunities in the Philippines

Canada views growing opportunities to expand trade with the Philippines as global markets adjust to the uncertainty created by United States tariff policies. Canadian ...
Vietnam Boosts Grain Imports as Livestock and Aquaculture Sectors Expand

Vietnam Boosts Grain Imports as Livestock and Aquaculture Sectors Expand

Vietnam is seeing a sharp rise in grain imports as domestic production of rice and corn declines and the livestock and aquaculture industries expand. Farmers in key regions ...
Vietjet Invests USD 100 Million in MRO Facility at Long Thanh Airport to Strengthen Aviation Infrastructure

Vietjet Invests USD 100 Million in MRO Facility at Long Thanh Airport to Strengthen Aviation Infrastructure

Vietjet has broken ground on a USD 100 million maintenance, repair, and overhaul (MRO) facility at Long Thanh International Airport, marking a major step forward in Vietnam’s ...
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