United States to Provide over USD 3 Billion for Transportation Development in the Philippines
The United States has pledged to bolster its infrastructure development aid to the Philippines by providing over USD 3 billion (PHP 166.8 billion) in public and private financing. This substantial funding will be dedicated to supporting the construction of...
A Second Airport Proposed for Vietnam’s Capital
Vietnam’s population has been increasing fast, with roughly 1 million people added each year. In 2023, the country is forecasted to achieve the 100-million milestone. Ho Chi Minh City and Hanoi are the two most populous metropolitans, which are home to 9 million and 5...
Malaysia Emerging as a Regional Hub for Shipbuilding and Ship Repair
The Malaysian Investment Development Authority (MIDA), the government organization responsible for promoting foreign direct investment, announced that Malaysia has established a goal to become an Asian center for shipbuilding and ship repair (SBSR). The SBSR industry...