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
Shell to Construct Indonesia’s Frist Grease Manufacturing Plant
Shell, an international oil and lubricant company, has begun constructing Indonesia's first Grease Manufacturing Plant (GMP). It represents an additional investment alongside ...
New York’s Coach Debuts Restaurant and Coffee Shop in Jakarta
New York-based brand Coach officially entered the hospitality market with the opening of the Coach Restaurant and Coach Coffee Shop in Jakarta’s Grand Indonesia Mall in ...
Venturi Partners Invests USD 25 Million in Philippine Grocery Chain
Venturi Partners, a Singapore-based growth equity firm, announced a USD 25 million investment in the expansion of global discount grocery chain DALI, marking its second ...
Japan Grants USD 770 Million Loan for the Dalton Pass East Alignment Road Project
The Philippine government has secured a loan of PHP 37 billion (USD 770 million) to fund the construction of a road project announced by the Department of Public Works and ...
KKR Commits USD 400 Million in Philippine Telecom Towers
US-based investment firm KKR is injecting USD 400 million into telco tower development in the Philippines, as confirmed by the US Department of Commerce. Through independent ...
Lufthansa Invests USD 150 Million in Clark Airport Hangar Expansion
Lufthansa Technik Philippines (LTP) has revealed plans for a USD 150 million investment to construct a second hangar at the Clark International Airport (CIA). This initiative ...
PLDT Enterprise and Charoen Pokphand Foods Join Forces to Bring Connectivity to Rural Farming
PLDT Enterprise, the corporate arm of telecommunications and digital services provider PLDT Inc., has announced a strategic partnership with Charoen Pokphand Foods ...
US Trade Mission to the Philippines Anticipates Investment Deals Worth USD 1 Billion
The United States Presidential Trade and Investment Mission (PTIM) to the Philippines, spearheaded by US Secretary of Commerce Gina Raimondo, has heralded a significant ...
Singapore-based Heal Venture Lab Partners with RiteMED
RiteMED and Heal Venture Lab are collaborating to strengthen Universal Health Care (UHC) in the Philippines through the use of modern technology. Their focus is on enhancing ...
Airbus Commits to Sustainable Aviation Fuel Collaboration with the Philippines
Airbus has committed to collaborating with the Department of Transportation (DOTr) on sustainable aviation fuel initiatives in the Philippines. President Ferdinand R. Marcos ...
US Firm Expands Solar Panel Production in the Philippines
Silicon Valley-based Sol-Go Inc has made a strategic decision to build its new solar panel factory in the Philippines, choosing the country over manufacturing hubs like China ...
US Startup Ally Power Partners with MPower for a USD 400 Million Hydrogen and Electric Refueling Station
Ally Power, a US-based startup, and MPower Inc., the Philippines’ largest electric retail supplier, are collaborating on a more than USD 400 million agreement to build a ...
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