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
Record Number of Bids Received for PNR Calamba Railway Project
The Philippine National Railways (PNR) Calamba project has received a “record number” of 34 bids from six local and 17 international companies to participate in the ...
IFC to Provide Thailand’s First Sustainable Loan for Hydropower and Affordable Healthcare
The International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets, is expected to provide around USD ...
Digital Edge Expands into Indonesia with Strategic Investment in PT IndoInternet Tbk
Digital Edge Singapore Holdings' wholly-owned subsidiary, Digital Edge (Hong Kong) Ltd., has acquired a controlling interest in one of the leading digital infrastructure ...
Super Energy Corporation to Build Thailand’s First Hybrid Power Plant
Thai company Super Energy Corporation has announced plans to develop the country's first power plant based on hybrid renewable resources. According to Super Energy ...
Pacific Alliance-Singapore Free Trade Agreement (PASFTA) is Formed
The Pacific Alliance (PA) and Singapore successfully concluded negotiations of the Pacific Alliance-Singapore Free Trade Agreement (PASFTA), which is expected to enhance ...
Vietnam Airlines Awards MRO Contract to StandardAero
Vietnam's national carrier Vietnam Airlines has awarded to StandardAero a new multiple-year Aviation Maintenance, Repair and Overhaul (MRO) contract for the Pratt & ...
Philippines Restores Criticial Security Pact with the US
On July 30, 2021, Philippine President Rodrigo Duterte restored the Visiting Forces Agreement (VFA) with the United States, a 1998 critical security pact that lays out the ...
Mu Space Opens First Satellite Manufacturing Facility in Southeast Asia
Thai space technology company mu Space has opened the first dedicated aerospace manufacturing facility in Southeast Asia. Measuring more than 2,200 square meters, the factory ...
USD 5.9 Million Agri-Industrial Hub to be Built in Taguig City
The Department of Agriculture (DA) will establish the first Agri-industrial Business Corridor (ABC) for freshwater aquaculture and urban farming in Taguig, in partnership ...
New App to Help Fish and Shrimp Farmers in Singapore
Blue Aqua International, analytics software company SAS and Temasek Polytechnic's Aquaculture Innovation Centre are collaborating to support the local aquaculture industry in ...
Sales of Imported Cars Surged Amidst the Pandemic
Sales of imported cars almost quadrupled in May 2021 compared with the level in the same month last year, according to the Association of Vehicle Importers and Distributors ...
DKSH, Kotányi GmbH Expand Partnership to Enter Malaysia
Swiss-based market expansion services provider DKSH, through its local unit DKSH Business Unit Consumer Goods in Malaysia, has expanded its cooperation with Kotányi GmbH, an ...
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