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
DOE Prepares USD 300-Million Energy Efficiency Initiative for Public Schools and Hospitals
The Philippine Department of Energy (DOE) is preparing to launch a USD 300-million initiative aimed at installing rooftop solar systems and implementing energy efficiency ...
PEZA Partners with LIMA Infrastructure to Streamline Investor Services
The Philippine Economic Zone Authority (PEZA) has signed a memorandum of understanding (MOU) with LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic ...
South Korea Eyes Bigger Defense Deals with the Philippines
South Korea is aiming to deepen its defense ties with the Philippines as part of its broader push to become the world’s fourth-largest arms exporter by 2027. At the recent ...
US Agricultural Exports to the Philippines Set to Rise Amid Expanding Middle Class
The United States expects an increase in agricultural exports to the Philippines in 2025, driven by the country’s growing middle class and strong expansion in the food ...
Thailand Selects Saab Gripen E/F for Air Force Modernization
The Royal Thai Air Force has confirmed its decision to select the Saab Gripen E/F as its next-generation multi-role fighter aircraft. This announcement marks a significant ...
Thailand Approves USD 4.5 Billion Stimulus Package Focused on Infrastructure and Tourism
Thailand’s Cabinet has approved an economic stimulus package valued at approximately USD 4.5 billion. The initiative focuses on infrastructure development and tourism to ...
Thailand Emerges as Southeast Asia’s Fastest-Growing Data Center Hub
Thailand’s data center industry is experiencing rapid growth, positioning the country as a leading hub for digital infrastructure in Southeast Asia. At the 2025 Siemens Data ...
ADB and Energy Absolute to Support Renewable Energy and EV Infrastructure in Thailand
The Asian Development Bank (ADB) and Energy Absolute Public Company Limited signed a green loan agreement worth 47.62 million USD to support renewable energy projects and ...
American Medical Company Medical Expands in Thailand with New Manufacturing Facility
US company Quasar Medical has begun construction on a new manufacturing facility in Thailand, marking a significant step in expanding its global operations. Scheduled to open ...
Thailand Grants Virtual Bank Licenses to Three Consortiums
The Bank of Thailand (BOT) has announced the selection of three consortiums to receive virtual bank licenses, following a detailed review process. The approved groups are ...
Thailand Strengthens Role as Southeast Asia’s Logistics Hub
Thailand is advancing its position as a logistics hub in Southeast Asia, supported by increased cross-border trade, e-commerce growth, and infrastructure development. In ...
Purina Opens USD 160 Million Wet Cat Food Facility in Thailand
Purina, a subsidiary of Nestlé, has opened a new wet cat food manufacturing facility in Rayong, Thailand. The factory, covering over 93,800 square meters, represents an ...
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