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

US Companies Eye Investment in Philippines’ Semiconductor & Electronics Sector

US Companies Eye Investment in Philippines’ Semiconductor & Electronics Sector

The Philippines has been attracting attention from several U.S. semiconductor and electronics companies following its participation in the Consumer Electronics Show (CES) ...
UAE’s Masdar Invests USD 15 Billion in Philippine Renewable Energy

UAE’s Masdar Invests USD 15 Billion in Philippine Renewable Energy

Emirati state-owned energy company Masdar has committed to investing USD 15 billion in the Philippines’ renewable energy sector, following the signing of an Implementation ...
ADB and Ayala Partner to Expand Electric Vehicle Infrastructure in the Philippines

ADB and Ayala Partner to Expand Electric Vehicle Infrastructure in the Philippines

The Asian Development Bank (ADB) has signed a financing agreement of up to USD 100 million with Ayala Corporation to accelerate the development of an electric mobility ...
Mapúa Partners with ASU & Cintana to Launch Medical School

Mapúa Partners with ASU & Cintana to Launch Medical School

Mapúa University has officially launched its School of Medicine, marking its entry into the country’s medical education sector. Known for its strong programs in engineering, ...
South Korea’s LCS Emon to Establish EV Assembly Operations in the Philippines

South Korea’s LCS Emon to Establish EV Assembly Operations in the Philippines

The Philippine Economic Zone Authority (PEZA) has officially registered South Korean firm LCS Emon Commercial Corp. as a domestic market enterprise, allowing the company to ...
Singapore Pledges Green Energy Investments in Indonesia

Singapore Pledges Green Energy Investments in Indonesia

Singapore has reinforced its commitment to advancing Indonesia's green energy sector through investments in sustainable industrial zones and renewable energy projects in ...
Chinese Sportswear Brand 361° Launches First Store in Malaysia

Chinese Sportswear Brand 361° Launches First Store in Malaysia

361°, a leading Chinese sportswear brand, has officially entered the Malaysian market as part of its Southeast Asian expansion strategy. The company launched its first ...
HP Unveils Manufacturing Transformation Centre in Penang to Boost Industry 4.0 Adoption

HP Unveils Manufacturing Transformation Centre in Penang to Boost Industry 4.0 Adoption

HP has launched its Manufacturing Transformation Centre (MTC) in Penang, Malaysia, as part of its efforts to drive Industry 4.0 adoption in the region. The facility is ...
US-Southeast Asian Collaboration Brings Eco-Friendly Data Center Complex to Malaysia

US-Southeast Asian Collaboration Brings Eco-Friendly Data Center Complex to Malaysia

UVCell Solar, a US-based renewable energy developer, and Iozela Data Center, a Southeast Asian data center developer, have signed a strategic agreement to develop a ...
Malaysia Launches Innovative Metaverse Platform to Showcase Cultural Legacy

Malaysia Launches Innovative Metaverse Platform to Showcase Cultural Legacy

The Malaysia Digital Economy Corporation (MDEC) has launched the IP360 Metaverse Platform, a groundbreaking initiative in digital innovation and cultural preservation. ...
Korea’s NGeneBio Expands into Malaysia with Advanced Cancer Diagnostic Solutions

Korea’s NGeneBio Expands into Malaysia with Advanced Cancer Diagnostic Solutions

NGeneBio, a Korean company specializing in next-generation sequencing (NGS) precision diagnostics, has entered the Malaysian precision medicine market through a supply ...
BMW Drives Sustainability with EV Battery Recycling and Second-Life Initiatives in Malaysia

BMW Drives Sustainability with EV Battery Recycling and Second-Life Initiatives in Malaysia

BMW Group Malaysia is taking a proactive approach to electric vehicle (EV) adoption by focusing on the entire lifecycle of PHEV and EV batteries. The company is exploring ...

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