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.
Philippines Tender and Business News
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).
The Asian Development Bank’s (ADB) Board of Directors has approved $170 million in loans to help the Government of Viet Nam upgrade urban infrastructure and address climate change, benefiting about 116,000 households in Hue, Vinh Yen, and Ha Giang.
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 latest three-month rolling trade show calendar from AsiaBizNews.net, 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.
To help with the upcoming transition to electric vehicles within the APEC region, the organization's member economies are realigning regulatory and standards to make it easier for new e-vehicles to succeed in the Asia-Pacific region.
Japan-based NTT Communications Corporation has signed an agreement on 27 October to participate in the construction and maintenance of the JUPITER large-capacity low-latency optical submarine cable between Asia and the United States.
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.
On October 26 and 27, NEC Corporation will be holding the first of a series of cyber security training sessions for the administrative staff of the Association of Southeast Asian Nations (ASEAN).
Texas-based Fluor Corporation was awarded an engineering, procurement and construction management (EPCM) contract for the utilities, offsites and infrastructure scope of work for JG Summit’s petrochemical complex expansion in Batangas City, Philippines.
A unique combination of power distribution microgrids and blockchain technology is the core of Shanghai-based startup Energo Labs' (www.energolabs.com) concept to decentralize energy production and consumption. It is currently in advanced testing in several sites in the Philippines.
The Asian Development Bank (ADB) has approved two projects worth over $210 million in debt financing from the Leading Asia’s Private Infrastructure Fund (LEAP) in its first year of operation.
Sri Lanka's rural road network is getting a major injection of capital from the Manila-based Asian Development Bank (ADB). Its board of directors just authorized $900 million for the program.
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.
Honda Motor Co., Ltd. just announced it will soon begin demonstration testing of the Honda Mobile Power Pack Exchanger, a system designed to enable utilization of surplus electricity, in the Philippines.
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 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.
On September 14, Indonesia was approved by the Asian Development Bank for two loans totaling up to $1.1 billion to strengthen and diversify the country's energy sector
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.
APEC member economies' small business government representatives are working to opitimize conditions for Asia-Pacific startup growth, as digital advances open up new business and trade opportunities within the technology sector.
Globe Telecom, a full service telecommunications company in the Philippines, has selected Gilat Satellite Networks Ltd. based in Petah Tikva, Israel to enable accelerated deployment for the mobile operator’s rapid network expansion throughout the Philippines.
Atlantic, Gulf and Pacific (AG&P) Company, a Philippine construction firm, is set to build and operate the 600MW combined-cycle power plant (PLTGU) in South Sulawesi, Indonesia.
The Asian Development Bank (ADB) has released the 2017 edition of Key Indicators for Asia and the Pacific. Key Indicators 2017 provides the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB.
Hong Kong based CASBAA, a major Asia-Pacific non-profit media association, calls for Philippine regulators to open up its booming U.S. $1.17 billion market for a much larger variety of pay TV and broadband entertainment offerings.
The Asian Development Bank (ADB), in a report launched on August 29, has proposed the creation of national green financing vehicles to catalyze environmentally and financially sustainable infrastructure investments in Asia and the Pacific.