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
Giant Reshuffles Supermarket Deck as Customer Preferences Change
Giant supermarket chain is undergoing significant restructuring as it closes 11 of its outlets in Singapore in 2024, including notable locations in Bishan and Paya Lebar. ...
Dutch Firm Opens New Indoor Vertical Farm in Changi, Singapore
Dutch agritech company Growy has successfully opened its new indoor vertical farm in Changi, Singapore, transitioning from a research and development phase to commercial ...
Singapore Secures USD 4 Billion in Venture Capital in H1 2024
Singapore continues to attract substantial investments, securing approximately USD 4 billion in fixed asset investment (FAI) commitments during the first half of 2024, as ...
SABIC Opens USD 170 Million Resin Manufacturing Facility in Singapore
Saudi Basic Industries Corporation (SABIC), a Saudi petrochemical major, has officially opened a new SGD 220 million (USD 170 million) resin manufacturing facility in ...
Changi Airport to Upgrade Four of its Terminals
Singapore Changi Airport Group (CAG) has announced a substantial investment of SGD 3 billion (USD 2 billion) to upgrade four of its terminals in preparation for anticipated ...
JTC Appoints Consortium to Build Smart Grid in Punggol
JTC Corporation, a government agency under Singapore’s Ministry of Trade and Industry, has appointed a consortium comprising Univers, a global decarbonization software firm, ...
IRRI and DA-FPA Partner to Advance Agricultural Drone Training
IRRI (International Rice Research Institute) and the Philippine Department of Agriculture's Fertilizer and Pesticide Authority (DA-FPA) have signed a Memorandum of Agreement ...
Israeli Cybersecurity Firm RealEye.ai Partners with the Armed Forces to Strengthen the Philippines’ Cybersecurity Capabilities
RealEye.ai, an Israeli homeland security and law enforcement solutions provider, has announced a significant partnership with the Armed Forces of the Philippines (AFP) Cyber ...
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, 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
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
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 ...
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