Southeast Asia Set To Overtake China In Growth And FDI
Southeast Asia is poised to overtake China in gross domestic product (GDP) and foreign direct investment (FDI) over the next 10 years, according to the “Navigating High Winds: Southeast Asia Outlook 2024 – 34” report.
Chinese Enterprises Eye Manufacturing Opportunities In The Philippines
It seems Malaysia is not the only destination of choice for Chinese businesses for manufacturing; Philippines has also won some investor interests.
Southeast Asia Smartphone Market’s Top Position Owned By Samsung
Southeast Asia smartphone market had Samsung take top spot in January after losing its spot in end 2023, despite increasing popularity of Chinese brands, according to Canalys.
Malaysia Hardest Hit With ASEAN Manufacturing Activity Slows Further In October
Indonesia and the Philippines were the only nations registering improving conditions last month, and Malaysia was the hardest hit.
Russia Explores Exporting Metalworking Products To The Philippines
This was discussed between the Russian Trade Mission in the Philippines with representatives of the Federation of Metalworkers of the country and companies that buy rolled metal products. This is announced in the account of the Russian representation in the Philippine Islands, as reported by TASS.
Ayala Joins Forces With BYD On Charging Stations In Philippines
AYALA Corporation inked the deal as the new official distributor of BYD vehicles in the Philippines as reported by Manila Times. EV owners can expect more BYD charging stations in both public (malls) and private (condominiums, residential developments) properties that are owned and managed by Ayala Corp. and its subsidiaries.
China’s Yadea To Invest US$1 Billion For EV Battery Plant In Philippines
China’s Yadea Group Holdings, one of the world’s biggest electric two-wheeled vehicle makers, plans to invest about US$1 billion in an e-motorcycle factory in the Philippines, the country’s investment promotions agency chief said.
Vietnam Exports Robotic Surgery Techniques To The Philippines
Doctors from Binh Dan Hospital in Ho Chi Minh City assisted their colleagues at Chinese General Hospital and Medical Center (CGHMC) in the Philippines perform robotic surgery for Gastrointestinal cancer — reflecting Vietnam’s medical prowess
