The Ministry of International Trade and Industry (MITI) and the East Coast Economic Region Development Council (ECERDC) are looking to capitalize on the potential of the growing recreational vehicle (RV) industry to boost the region, and subsequently the Malaysian...
In November 2022, Hyundai Motor Company signed a deal with PT Adaro Minerals Indonesia Tbk, to secure a stable supply of aluminum, a key material required for electric vehicle manufacturing. The collaboration marks Hyundai Motor’s commitment to accelerating the...
Apple is looking to diversify its supply chain outside of China, with Vietnam, India, and Brazil forecasted to make up 30% of Apple supplier’s Foxconn output. Particularly, Vietnam has typically welcomed businesses eager to shift production away from China, including...
Japanese company, Kurabe Industrial, will be investing PHP 2 billion (USD 36.5 million) to expand its manufacturing facility in Lima Estate, Batangas province which is operated by Aboitiz InfraCapital (AIC). The investment will be to purchase a 5.9-hectare plot of...
American Pharmaceutical Company Merck & Co. (MSD) recently announced the opening of a new secondary packaging facility in Singapore. The facility is expected to support the production of vaccines and biologics, including the company’s cancer immunotherapy...
Hira Industries, a Dubai-based company specializing in manufacturing products for the construction industry, has just announced plans to launch a new manufacturing plant in Vietnam. This plant, which is 15,000 square meters in size and equipped with cutting-edge...
Indonesia’s ice cream manufacturer Aice Brands is building a 49,070 sqm ice cream plant in the Philippines – its largest and most advanced within Southeast Asia. Targeted to be operational by October 2023, the factory is located within the 700-hectare LIMA...
Shimano Components, a Japanese leading manufacturer of bicycle components and fishing equipment, will expand its production in Malaysia through the purchase of new factory in Jeram Batu, Johor state. The Malaysian real estate firm Paragon Globe’s fully owned...
Etana Biotechnologies established its biopharmaceutical manufacturing facility in Jakarta. Etana is involved in developing a variety of innovative therapeutics, like vaccines, cancer drugs, and other biological products. The new facility, which has the latest...
Swees Plant Based Foods Co., a Thai-based dairy-free cheese startup, recently announced that it will start production in the country’s first vegan cheese factory in early 2023. The new facility is expected to be fully operational by the end of 2023. Meanwhile, the...
Chevron Oronite announces the completion of Phase 1 and Phase 2 of an expansion project at its Singapore Manufacturing Plant (SMP), known as the ‘Future Expansion Project’. In Phase 1, which started construction in February 2020, facilities and supporting...
Independence X Aerospace, an aerospace tech company from Malaysia, has invented the world’s smallest satellite. The satellite is measured at 30mm and is fully functional in orbit. The satellite has been validated by industry experts at the International...
