ASEAN BUSINESS NEWS

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

Singapore-based Heal Venture Lab Partners with RiteMED

Singapore-based Heal Venture Lab Partners with RiteMED

RiteMED and Heal Venture Lab are collaborating to strengthen Universal Health Care (UHC) in the Philippines through the use of modern technology. Their focus is on enhancing ...
Airbus Commits to Sustainable Aviation Fuel Collaboration with the Philippines

Airbus Commits to Sustainable Aviation Fuel Collaboration with the Philippines

Airbus has committed to collaborating with the Department of Transportation (DOTr) on sustainable aviation fuel initiatives in the Philippines. President Ferdinand R. Marcos ...
US Firm Expands Solar Panel Production in the Philippines

US Firm Expands Solar Panel Production in the Philippines

Silicon Valley-based Sol-Go Inc has made a strategic decision to build its new solar panel factory in the Philippines, choosing the country over manufacturing hubs like China ...
US Startup Ally Power Partners with MPower for a USD 400 Million Hydrogen and Electric Refueling Station

US Startup Ally Power Partners with MPower for a USD 400 Million Hydrogen and Electric Refueling Station

Ally Power, a US-based startup, and MPower Inc., the Philippines’ largest electric retail supplier, are collaborating on a more than  USD 400 million agreement to build a ...
Strong Investments in Singapore’s Aerospace Sector

Strong Investments in Singapore’s Aerospace Sector

Singapore's aerospace sector has attracted substantial investment commitments totaling over S$750 million (USD 555 million) from more than ten projects, signaling significant ...
Singapore’s Strategic Investment in AI

Singapore’s Strategic Investment in AI

Singapore's substantial investment of over SGD 1 billion into AI over the next five years, as announced in its 2024 National Budget, underscores the nation's strategic vision ...
JICA and Japanese Firms Collaborate with Mandaue City for Food Waste Conversion Feasibility Study

JICA and Japanese Firms Collaborate with Mandaue City for Food Waste Conversion Feasibility Study

The Japan International Cooperation Agency (JICA), along with Japanese firms Guun Co., Ltd., and Takematsu Shoji Co., Ltd., are collaborating with the Mandaue City ...
Southeast Asia’s First Tidal Power Generation Plant in the Philippines

Southeast Asia’s First Tidal Power Generation Plant in the Philippines

Energies PH, Inc, in collaboration with its affiliate, San Bernardino Ocean Power Corporation, is spearheading the development of Southeast Asia's inaugural tidal power ...
Malaysia Launches TRX As International Finance Centre, Announces Incentives for Relocating Companies

Malaysia Launches TRX As International Finance Centre, Announces Incentives for Relocating Companies

Malaysian Prime Minister Datuk Seri Anwar Ibrahim officially inaugurated the Tun Razak Exchange (TRX) as Malaysia's International Financial Centre (IFC) by introducing ...
Israeli Company to Produce Cultivated Meat in Thailand

Israeli Company to Produce Cultivated Meat in Thailand

Israeli startup Aleph Farms has recently announced that it is collaborating with biomanufacturing specialists BBGI and Fermbox Bio to produce cultivated meat in Thailand. ...
Thailand Approves Incentives for Electric Trucks and Buses Adoption

Thailand Approves Incentives for Electric Trucks and Buses Adoption

Thailand’s National Electric Vehicle Policy Committee (EV Board) just approved incentives to encourage companies to transition their commercial fleets of large trucks and ...
Telco Giant Partners with UK to Strengthen Philippines Cybersecurity

Telco Giant Partners with UK to Strengthen Philippines Cybersecurity

Globe Telecom, a leading telecommunications company in the Philippines, has forged a partnership with the UK to enhance the country's digital infrastructure defenses. This ...
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