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

The Philippines and South Korea Launch Historic Free Trade Agreement to Boost Economic Ties

The Philippines and South Korea Launch Historic Free Trade Agreement to Boost Economic Ties

The free trade agreement (FTA) between the Philippines and South Korea officially took effect on December 31, 2024, marking a historic milestone in their economic ...
Envision Energy Signs Largest Wind Power Contract in the Philippines

Envision Energy Signs Largest Wind Power Contract in the Philippines

Envision Energy, a global leader in green technology, has achieved a significant milestone by signing the Philippines' largest single wind power contract to date. The ...
EU Boosts Climate Projects in the Philippines, Enhancing Renewable Energy and Resilience

EU Boosts Climate Projects in the Philippines, Enhancing Renewable Energy and Resilience

The Philippines will receive EUR 10.7 million (USD 11.12 million) from the European Union (EU) to support climate mitigation and adaptation initiatives. This funding is part ...
AC Health Partners with Global Health Initiatives to Improve HIV Care and Access in the Philippines

AC Health Partners with Global Health Initiatives to Improve HIV Care and Access in the Philippines

Ayala Healthcare Holdings, Inc. (AC Health) has partnered with the US Agency for International Development (USAID) to tackle the HIV epidemic in the Philippines by enhancing ...
Bitskwela and Sonic Labs Partner to Advance Blockchain Education in the Philippines

Bitskwela and Sonic Labs Partner to Advance Blockchain Education in the Philippines

Philippine blockchain education technology platform Bitskwela has partnered with Sonic Labs to enhance the understanding and practical application of blockchain in ...
Acciona Infrastructure to Boost Investments in the Philippines

Acciona Infrastructure to Boost Investments in the Philippines

Acciona Infrastructure, a global leader in sustainable infrastructure, is set to expand its investments in the Philippines while continuing to collaborate with government and ...
Unilever Expands Local Manufacturing in the Philippines

Unilever Expands Local Manufacturing in the Philippines

Unilever Philippines has announced plans to enhance its local manufacturing capabilities and supply chain strategies, reaffirming its commitment to the Philippine market. The ...
Foreign Retailers Expand Across the Philippines

Foreign Retailers Expand Across the Philippines

Foreign brands are increasingly entering the Philippine retail market, particularly in provincial areas, as they set up shop in new retail centers like Megaworld’s Upper East ...
UK-Based Marine Energy Company to Develop Indonesia’s First Tidal Energy Plant

UK-Based Marine Energy Company to Develop Indonesia’s First Tidal Energy Plant

HydroWing, the tidal energy division of the UK-based Inyanga Marine Energy Group, has entered into a binding agreement with one of Perusahaan Listrik Negara’s (PLN) ...
Indonesian and Japanese Companies Form Joint Venture for Green Ammonia Production

Indonesian and Japanese Companies Form Joint Venture for Green Ammonia Production

Toyo Engineering Corporation (Tokyo) has entered into a Shareholder Agreement (SHA) with Pupuk Indonesia Holding Company (PIHC), a state-owned Indonesian fertilizer firm, and ...
Australian Companies Invest in Indonesia’s Technology Sector

Australian Companies Invest in Indonesia’s Technology Sector

Nineteen Australian companies have shown interest in investing in Indonesia's technology sector, according to the Indonesian Minister of Communication and Digital Affairs ...
Indonesia to Acquire Two Italian PPA-Class Warships

Indonesia to Acquire Two Italian PPA-Class Warships

Indonesia has successfully obtained a loan to purchase two Thaon de Revel-class PPA (Pattugliatore Polivalente d’Altura) multi-role offshore patrol vessels from the Italian ...

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