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
Indonesia and Saudi Arabia Sign MoU to Enhance Cooperation in the Health Sector
The health ministries of Indonesia and Saudi Arabia have signed a memorandum of understanding (MoU) to strengthen collaboration in healthcare, focusing on human resource ...
IBC to Establish EV Battery Recycling Plant by 2031 to Support Nickel Sustainability
Indonesia Battery Corporation (IBC) plans to establish an electric vehicle (EV) battery recycling plant by 2031 to promote nickel sustainability and support green energy ...
UAE’s Masdar Expands Renewable Energy Partnership with Indonesia
The Indonesian Coordinating Minister of Economic Affairs announced that the UAE's state-owned energy company, Masdar, has agreed to enhance investment cooperation in ...
Indonesia Greenlights Establishment of Second Sovereign Investment Fund
Indonesia’s parliament has approved the creation of a new sovereign investment fund aimed at overseeing key state-owned enterprises (SOEs) and generating capital for domestic ...
Korea Aerospace Industries to Provide Training and Hire Indonesian Workers
Korea Aerospace Industries Ltd. (KAI) has signed a memorandum of understanding (MoU) with Indonesian company Prima Duta Sejati to train and recruit Indonesian workers for the ...
Polish Apples Make Their Debut in Indonesia
The first shipment of Polish apples has officially entered Indonesia, marking a significant milestone for Poland, the world's third-largest apple producer. According to the ...
Unioil and Repsol Form Strategic Partnership to Expand Lubricants Market in the Philippines
Unioil Lubricants Inc. (ULI), the lubricants division of the Philippine-based Unioil Group of Companies, has entered into a strategic partnership with Spanish energy company ...
ULAP and Takeda Philippines Partner to Strengthen Dengue Prevention Efforts
The Union of Local Authorities of the Philippines (ULAP) has partnered with Takeda Healthcare Philippines, a subsidiary of Takeda Pharmaceutical Company Limited, to enhance ...
Metro Pacific Water Begins Construction of the Philippines’ Largest Desalination Plant
Metro Pacific Water (MPW) has begun construction on the Metro Iloilo Desalination Facility, set to be the largest desalination plant in the Philippines. The USD 95.9 million ...
Aramco Acquires Stake in Unioil to Expand Philippine Market Presence
Saudi Arabia’s Aramco has signed an agreement to acquire a 25% stake in Unioil Petroleum Philippines, marking its entry into the growing downstream fuels market in the ...
Philippines and UAE Strengthen Trade and Investment Ties
The Philippines and the United Arab Emirates (UAE) are set to expand trade and investment cooperation following a meeting between President Ferdinand R. Marcos Jr. and UAE ...
DXC Enables Allianz PNB Life to Issue Insurance Policies in Five Minutes
DXC Technology, a global IT services provider, has partnered with Allianz PNB Life, a major life insurer in the Philippines, to streamline operations and improve efficiency. ...
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