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

Philippines Establishes Quantum Research Lab for Energy Sector Applications

Philippines Establishes Quantum Research Lab for Energy Sector Applications

The Technological Institute of the Philippines (T.I.P.), a private higher education institution focused on engineering and technology, has opened a new quantum computing ...
Ajinomoto Philippines Targets 50% Reduction in Environmental Impact by 2030

Ajinomoto Philippines Targets 50% Reduction in Environmental Impact by 2030

Ajinomoto Philippines Corp. (APC), the local subsidiary of Japan-based Ajinomoto Group, has announced plans to cut its environmental footprint by half by 2030 as part of its ...
European Pharma Expands to the Philippines Amid Strong Supplement Demand

European Pharma Expands to the Philippines Amid Strong Supplement Demand

Latvia-based pharmaceutical company Solé Pharma has expanded its operations into the Philippines, responding to growing consumer demand for high-quality health supplements. ...
Taiheiyo Cement Increases Production Capacity in Cebu to Meet Philippine Infrastructure Demand

Taiheiyo Cement Increases Production Capacity in Cebu to Meet Philippine Infrastructure Demand

Taiheiyo Cement Philippines Inc. (TCPI), a subsidiary of Japan’s Taiheiyo Cement Corporation, has significantly expanded its cement production capacity in Cebu with the ...
Philippine Cooperative Launches New Feed Mill; Government Backs Duck Farming with Feed Support

Philippine Cooperative Launches New Feed Mill; Government Backs Duck Farming with Feed Support

On March 28, 2025, the Sorosoro Ibaba Development Cooperative (SIDC) officially inaugurated a major feed mill and corn storage facility in Batangas, located in the Calabarzon ...
NCS Forms Joint Venture with Globe Telecom to Scale Operations in the Philippines

NCS Forms Joint Venture with Globe Telecom to Scale Operations in the Philippines

Singapore-based tech services firm NCS has entered into a joint venture with Globe Telecom in the Philippines, acquiring a 51% stake in Globe’s IT subsidiary, Yondu. The ...
Philippines Secures USD 1.13 Billion in Loans from Japan for Infrastructure and Climate Resilience Projects

Philippines Secures USD 1.13 Billion in Loans from Japan for Infrastructure and Climate Resilience Projects

The Philippines has signed five new loan agreements with the Japan International Cooperation Agency (JICA) totalling JPY 171.58 billion (USD 1.13 billion) to fund key ...
NAIA Signs Agreement with Collins Aerospace for Airport Systems Enhancement

NAIA Signs Agreement with Collins Aerospace for Airport Systems Enhancement

New NAIA Infrastructure Corp. (NNIC) has partnered with Collins Aerospace, a subsidiary of RTX Corporation, to modernise Ninoy Aquino International Airport (NAIA) with ...
Anko to Open Largest Store in the Philippines

Anko to Open Largest Store in the Philippines

Australian home and lifestyle brand Anko continues its expansion in Metro Manila with the upcoming launch of its largest store in the Philippines at Trinoma Mall, Quezon ...
Philippines and the UK Sign New Framework to Strengthen Defense and Trade Cooperation

Philippines and the UK Sign New Framework to Strengthen Defense and Trade Cooperation

The Philippines and the United Kingdom have signed a new Joint Framework to expand bilateral cooperation across multiple sectors, including defense, trade, maritime security, ...
Cathay Expands Lifestyle Loyalty Offerings in Malaysia with Mitsui Mall Group Partnership

Cathay Expands Lifestyle Loyalty Offerings in Malaysia with Mitsui Mall Group Partnership

Cathay, a Hong Kong-based premium travel lifestyle brand, has expanded its presence in Southeast Asia through a strategic partnership with Mitsui Mall Group in Malaysia. This ...
Taiwan’s Hotayi Electronic Unveils USD 105 Million Smart Factory Expansion in Malaysia

Taiwan’s Hotayi Electronic Unveils USD 105 Million Smart Factory Expansion in Malaysia

Taiwanese electronics manufacturing services (EMS) provider Hotayi Electronic has officially launched its Phase 3 expansion with a groundbreaking ceremony in Batu Kawan, ...

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