South Korea's KT Corporation, the country's largest telecommunications company, just won a 53 billion won (US $47 million) contract to build an optical fiber network along 1,570 kilometers (975 miles) of main roads in the northern region of Luzon.
Philippines Tender and Business News
On August 13, the Incheon Youth Declaration on the Future of Work was launched in Korea by over 400 youth representatives from Asia and the Pacific.
Thanks to a concerted coordinated effort by APEC member economies, the challenge of doing business in the Asia-Pacific region has improved significantly in the past two years.
Financial Supervisory Service of Korea (FSS) Governor Mr. Suk Heun Yoon and Asian Development Bank (ADB) President Mr. Takehiko Nakao, along with FSS International Cooperation Department (ICD) Director Mr. Se Hee Lim met on August 6 in Manila to discuss financial services for underserved communities.
Bangladesh was just approved for a financial assistance package of over $357 million by the Asian Development Bank (ADB)'s Board of Directors, for a project to develop two power lines in support of Bangladesh's national electricity targets for the entire country in 2021.
TUV Rheinland's Philippines Laboratory was just accepted to operate in the IECEE CB Scheme (IEC System of Conformity Assessment Schemes for Electrotechnical Equipment and Components) under the responsibility of the National Certification Body (NCB) TUV Rheinland Japan Ltd.
The People's Republic of China (PRC)'s Minnsheng Financial Leasing Co. Ltd. (MFL) has been awarded a $400 million financing package from the Asian Development Bank, to help with a roll out of environmentally-friendly buses -- with a side goal of helping to promote green public transport in the PRC.
Three years ago the 2030 Agenda for Sustainable Development was set, along with specific goals. As of now, the Asia Pacific region is only on track for just one goal, unlikely for quite a few others, and going in the opposite direction for others -- most seriously regarding inequality.
For most of history all populations in the world grew with more children compared to the adult populations. Now Asia is facing a crisis because of the presence of less children and a higher percentage of adults. Representatives across the region gathered June 12-13 in Mongolia to discuss the issue.
The Government of Bangladesh has been approved for a grant of $100 million from the Asian Development Bank (ADB) to help the country develop basic infrastructure and services for displaced persons and refugees.
To assist the Renault-Nissan-Mitsubishi automotive alliance in working more closely with customers, the group opened its first joint staff training center in the Philippines yesterday.
The APEC Secretariat Executive Director and the World Trade Organization Director-General spoke together recently of the importance of coordinated trade to ensure maximum benefit to APEC's member nations.
As a means of spurring more inclusive growth and balanced urban development in Bhutan, the Asian Development Bank has approved a $10 million loan to help develop the secondary towns of Samdrup Jongkhar, Sarpang and Trashigang into local economic hubs.
$198 million worth of incremental financing has been approved by the Asian Development Bank for horticulture value chain development throughout Uzbekistan and the autonomous region of the Republic of Karakalpakstan.
Indonesia was just granted a total of $1 billion from the Asian Development Bank. The purpose is to help the country implement further fiscal and public expenditure reform while still allowing for new investments to reduce poverty and income inequality.
Korea's largest telecommunications company, KT Corp., has proposed to take advantage of the Philippine government's temporary shutdown of its Boracay resort area, to propose a dramatic rebirth of the resort as "Smart Boracay" with highly interconnected ICT solutions.
Papua New Guinea (PNG) was just awarded a financing package of $195M from the Asian Development Bank (ADB), to help support the growth of high-quality, affordable, and accessible healthcare to all in the country.
The APEC member economies are collaborating to leverage advancement in gender equality and digital technology access to grow women-led development in the region's Tourism industry sector.
Manila-based Asian Development Bank (ADB) announced on May 24 it is providing approximately $40 million towards the first utility-scale solar photovoltaic (PV) plants in Indonesia.
On May 25-26, the APEC Ministers Responsible for Trade Meeting will take place in Port Moresby, Papua New Guinea, with the goal of helping secure economic growth for the future in all of Asia-Pacific.
Century Properties Group, Inc., a Philippine real estate enterprise, is partnering with Mitsubishi Corporation (MC), on a new joint venture, PHirst Park Homes.
The International Finance Facility for Education was just announced as a means of achieving improved education for all around the globe. The major multilateral development banks (MLB) around the world have jointly announced their strong support for the program.
The Asia-Pacific Economic Cooperation (APEC) economies are taking steps to align medical product approval procedures throughout the Asia-Pacific region. It will ease technical bottlenecks, will support healthcare business growth, and will save lives.
Please take a look at our current 3-month rolling calendar of some of Asia’s more intriguing and important trade shows. If you have other trade shows you would like to recommend for this list, please write us.
Lloyds Energy has moved one step closer in its offer to build and develop an LNG Energy Hub in the Philippines, having recently received a letter from the Philippine National Oil Company that its unsolicited proposal for the PNOC Batangas Bay Energy Hub Project has been determined to be complete.