Philippines Tender and Business News

Mitsubishi to Supply Rolling Stock for the Manila Light Rail Transit Line-1

The Philippine Department of Transportation has selected Mitsubishi Corporation to supply the new rolling stock for the Manila Light Rail Transit (LRT) Line-1. Equally important is that the contract amount of ~30 billion yen has been funded under a Japanese ODA Loan Agreement signed between the governments of the Philippines and Japan.

RADCOM Announces 3-year Contract Extension with Globe Telecom

RADCOM Ltd., a telecommunications company headquartered in Israel, announced a 3-year contract extension with Globe Telecom – the major CSP in the Philippines, to provide service assurance for their mobile network, and assure their future transformation to NFV (Network Functions Virtualization).

TradeGecko Opens New Office in Toronto

Singapore-based TradeGecko, a provider of inventory and order management solutions, just opened their downtown Toronto office as a new base of operations within North America.

The AsiaBizNews Rolling Trade Show Calendar

The latest three-month rolling trade show calendar from, covering events running through January 2018, is below. With topics from Digital Media, Fabrics and Fabric technology, the ASEAN Solar + Energy Storage Congress & Expo, television and film, shipbuilding, food tech, and industry automation, there is much happening in this fast-growing region.

Asian Development Bank Commits $5B to CAREC 2030 Agenda

During the 16th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference held on October 27 in Dushanbe, Tajikistan, Asian Development Bank (ADB) President Takehiko Nakao committed over $5 billion to supporting the CAREC 2030 agenda over the next five years.

Startup Energo Labs Uses Unique Microgrid Tech to Electrify Rural Areas

A unique combination of power distribution microgrids and blockchain technology is the core of Shanghai-based startup Energo Labs' ( concept to decentralize energy production and consumption. It is currently in advanced testing in several sites in the Philippines.

APEC Develops Policies to Help Diversify Asia-Pacific Workforce

The APEC member economies just completed a major planning effort to look at how to enhance economic empowerment for women across the region. It is part of a broader move to secure workforces and growth as major new forces shift the nature of the Asia-Pacific business landscape.

Asian Development Bank Backs Kazakhstan's New Country Partnership Strategy

The Asian Development Bank’s (ADB) Board of Directors has endorsed a new country partnership strategy (CPS) for Kazakhstan, expected to deliver more than $3 billion in assistance through 2021 to help the country diversify its economy, achieve inclusive development, and promote sustainable growth.

The 20 Tbps Southeast Asia -- United States Cable System

The 20 Terabits per second (Tbps) capacity Southeast Asia-United States Cable System (SEA_US) is officially open for commercial use, now that construction is complete at the Hong Kong Guam Cable System (HK-G) extension and full testing by the SEA-US consortium is complete.

Philippines Approves Subway Project and Other New Flagship Projects

The National Economic and Development Authority (NEDA) Board approved the Metro Manila Subway Project (MMSP) and four new “flagship” projects. To be financed through Official Development Assistance from Japan, the project will begin construction early next year.

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