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
SPIL Breaks Ground on USD 1.4 Billion Semiconductor Plant in Penang, Malaysia
Siliconware Precision Industries Co., Ltd. (SPIL), a global semiconductor packaging and testing company based in Taiwan, has marked the commencement of construction for its ...
Apple Sets to Open Flagship Store in Malaysia, Expands Southeast Asian Presence
Apple will open its first store in Malaysia as part of its regional expansion across Southeast Asia. This will be Apple's sixth store in the area, following three in ...
Metro Retail Expands in Visayas with Four New Supermarkets
Metro Retail Stores Group, Inc. (MRSGI) is expanding its footprint in Southern Philippines with the construction of four new supermarket stores in Cebu and Leyte. This ...
Philippines Launches “Re-Horizon 3” to Boost Defense Modernization
The Philippines has launched the "Re-Horizon 3" military modernization initiative to strengthen its defense capabilities. Despite financial constraints, the country aims to ...
Swiss Insurtech Firm Partners with Globe to Enter the Philippine Market
Swiss-based insurance technology (insurtech) firm discovermarket has announced its entry into the Philippine market through a partnership with Globe, aiming to introduce ...
US and the Philippines to Collaborate on Nuclear Power Training
The Philippines and the United States have agreed to train Filipinos in building and operating nuclear power plants to enhance the country's electricity supply. This ...
US Investment Firm Cerberus and South Korea’s HD Hyundai Partner to Revitalize Shipbuilding in Subic Bay
President Ferdinand R. Marcos Jr. announced that US equity firm Cerberus and South Korea's HD Hyundai Heavy Industries have partnered to revitalize the shipbuilding industry ...
Singapore Leads USD 5 Billion Fundraising for Asia’s Climate Projects
At the "Financing Asia’s Transition (FAST) Conference 2024" the Monetary Authority of Singapore (MAS) unveiled the "Financing Asia’s Transition Partnership" (FAST-P), a USD 5 ...
Singapore to Launch Hospital Campus with 1,400 Beds by 2030
Singapore's healthcare infrastructure is set to undergo a transformative expansion with the introduction of a pioneering hospital campus in the eastern region by 2030. This ...
Changi Airport Plans Underground Link Between Terminals T2 and T5
Changi Airport announces plans to build a 2.5km underground link connecting the future Terminal 5 (T5) to Terminal 2 (T2), part of ongoing efforts to enhance inter-terminal ...
Singapore Invests USD 60 Million in National Robotics Programme to Drive Industry Adoption
Singapore is injecting USD 60 million into its National Robotics Programme (NRP) to propel robot adoption across manufacturing, logistics, and healthcare sectors. Led by the ...
Seatrium Collaborates with A*STAR to Explore AI Innovations for the Maritime Sector
Seatrium Limited and Singapore’s Agency for Science, Technology and Research (A*STAR) have announced a strategic collaboration to explore innovative opportunities in offshore ...
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