Thailand’s PTTOR Aims for 7,000 EV Charging Outlets by 2030

Thailand’s PTTOR Aims for 7,000 EV Charging Outlets by 2030

PTT Oil and Retail Business (PTTOR), Thailand’s state-run oil company, recently announced that it intends to establish the country’s largest electric vehicle (EV) charging network, aiming at establishing 7,000 outlets by 2030 from just 139 now. The move is part of...
Vinamilk’s Product Receives Asia’s First Purity Award in 2022

Vinamilk’s Product Receives Asia’s First Purity Award in 2022

Vinamilk, a leading Vietnamese dairy brand, has announced that its Optimum Gold recently became Asia’s first dairy formula product to be awarded the Clean Label Project (CLP) Purity Award 2022. The Clean Project is a U.S. non-profit organization with the goal of...
FinVolution Forms Alliance with Indonesia’s PermataBank

FinVolution Forms Alliance with Indonesia’s PermataBank

Chinese fintech company FinVolution, through its Indonesian subsidiary AdaKami, has signed an agreement with PT Bank Permata (PermataBank). The partnership aims to promote innovation in the digital financial ecosystem by utilizing data analytics to speed up the...
Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years

Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years

The largest semiconductor manufacturer in the world, Intel Corporation (Intel Corp), has committed to investing USD 15.8 billion (MYR 70 billion) in Malaysia over a ten-year period. The company intends to invest approximately USD 6.77 billion (MYR 30 billion) to...
DP World Eyes Setting Up an Industrial Park in the Philippines

DP World Eyes Setting Up an Industrial Park in the Philippines

Dubai-based logistics firm DP World has expressed interest to establish an industrial park in the Philippines. This development occurred during the meeting between Philippine President Ferdinand Marcos Jr. and DP World group chairman and CEO Sultan Ahmed bin Sulayem...
European Businesses Relocating Operations from China to Vietnam

European Businesses Relocating Operations from China to Vietnam

According to a recent survey conducted by the European Chamber of Commerce in Vietnam (EuroCham), 41% of respondents stated that their company was moving operations from China to Vietnam, an increase of 13% compared to the figure registered in the third quarter of...