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
More International Beverage Brands Open in Malaysia
Several international beverage brands are tapping into the Malaysian market, taking advantage of the growing number of upscale urban shopping centers. Notable entrants, ...
PEZA Targets 15% Investment Growth in 2024
The Philippine Economic Zone Authority (PEZA) aims to achieve a minimum of 15% growth in approved investments for the year 2024. PEZA Director General Tereso Panga stated ...
UK Government Strengthens Healthcare Partnerships with the Philippines
The UK’s Department for Business and Trade (DBT) and the British Embassy in Manila hosted a Trade Mission last 29 November – 1 December composed of National Health Service ...
Swiss Grocer Disrupts Retail Market in the Philippines
The Philippine retail scene, traditionally dominated by giants like SM, Robinsons Retail, and Puregold, faces a potential disruptor in DALI, a Swiss grocer quietly gaining ...
AFP Expands Defense of the Philippines’ Exclusive Economic Zone in WPS
As the Armed Forces of the Philippines (AFP) gains ground in its anti-insurgency efforts, the focus is shifting towards bolstering external defense capabilities. This ...
DTI Delves Into AI Technology to Improve Philippine Economy
President Ferdinand R. Marcos Jr. and Department of Trade and Industry (DTI) Secretary Alfredo Pascual have met with Silicon Valley Technology companies and investors for a ...
ADB and ACEN Sign PHP 5.5 Billion Loan for Solar Energy Expansion in the Philippines
The Asian Development Bank (ADB) and ACEN Corporation have signed a sustainability-linked loan of up to PHP 5.5 billion (USD 100 million) to boost solar energy capacity in ...
Climate Change Endangers Closure of Philippine Hospitals
Hundreds of hospitals in the Philippines could face partial or total shutdown from extreme weather events caused by climate change by the end of the century if fossil fuels ...
Sun Valley Launches Korean-style Snacks in Thailand
Sun Valley, a leading exporter of ready-to-cook chicken products in Thailand part of Cargill, recently launched two new offerings to the market under the concept of “Snack ...
Thai Aerospace Industries Partners with Satellite Company for Connectivity Services
Thai Aerospace Industries (TAI), an aerospace and aviation services company headquartered in Bangkok, is partnering with Rivada Space Networks to bring highly reliable and ...
Japanese Automakers Propels Thailand’s EV Sector Investing USD 4.3 Billion
Reuters has recently reported that leading auto manufacturers from Japan have plans to invest THB 150 billion (USD 4.34 billion) in Thailand over the next five years, ...
Battery Maker Svolt Energy Inaugurates Production Line in Thailand
Battery maker Svolt Energy just inaugurated its first battery pack production line at its Thailand plant. The pack is Svolt Energy's LCTP battery pack with a capacity of 60 ...
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