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
Armed Forces of the Philippines Receives an Extra USD 670 million Budget for Modernization
The Armed Forces of the Philippines Modernization Program (AFPMP) is bound to get a PHP 40 billion (USD 670 million) increase in fresh funding for the military’s ...
The Philippines to Complete Infrastructure Projects for USD 17 Billion
The government of the Philippines has announced that it aims to complete 73 large infrastructure projects for a total cost of over PHP 4 trillion (around USD 17 billion), ...
The Philippines and Singapore Agree to Enhance Digital Cooperation
The Philippines and Singapore have recently agreed to exchange knowledge, technical expertise, and best practices for digital cooperation.
The two countries agreed to ...
Cebu City Government Commissions Large-Scale Waste-to-Energy Plant
The Cebu City local government and New Sky Energy, Inc. (NSEI), the Philippine affiliate of the Colorado-based clean chemistry company, have formed a joint venture to ...
Philippines Raises Renewable Energy Cap in Power Supply Mix
The Philippines is removing another barrier to attracting investments in renewable energy by raising the minimum renewable energy (RE) capacity in the power supply mix to ...
Vietnam to Welcome More Japanese Retail Outlets
Vietnam is registering an increasing number of Japanese retailers entering the local market, from malls to store chains in residential areas.
At present, Japanese company ...
Vietnam to Join the Global Semiconductor Race
In order to enter the booming semiconductor market, FPT Software, the top ICT company in Vietnam, has established a new subsidiary called FPT Semiconductor.
FPT Software ...
Vietnam Developing Roadmap to Develop Green Ports
To lessen negative effects on the environment, reducing greenhouse gas (GHG) emissions and enhancing energy efficiency, the government of Vietnam is working on a master plan ...
Vietnam´s Automotive Industry Adopts Artificial Intelligence
The Vietnamese automotive industry is rapidly adopting artificial intelligence (AI) applications. In a prominent example, Vin AI Artificial Intelligence Application and ...
Modern Drugstores Attract Investment in Vietnam
The Vietnamese retail drug market is registering an increase in the number of modern drugstores, which are capturing the attention of foreign investors.
The majority of ...
Indonesian E-Commerce Company Partners with Standard Chartered to Launch Digital Banking Service
A digital banking service was launched by an Indonesian e-commerce company called Bukalapak after tying up with Standard Chartered in Indonesia. Its target audience is the ...
Singapore’s First Ever Rent-to-Own Solar Program
Solar AI Technologies, a Singapore based tech-startup funded by global energy giant Engie Group, has recently announced that it will be launching Singapore’s first-ever ...
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