Japan’s Hitachi Construction Machinery is establishing a new remanufacturing plant in Bekasi, east of Jakarta, to recycle components for medium-sized and large hydraulic shovels. Covering 900 square meters, Hitachi’s new plant will dismantle, clean, and...
Swiss holding company specializing in market expansion services Diethelm Keller Siber Hegner (DKSH) has signed a distribution agreement with Kemin Food Technologies, a global leader in shelf-life and food safety solutions, to provide its product range in the...
In an effort to amplify the new generation of automotive technology and products in the country, the Malaysian government has announced the extension and enhancement of the automotive industry incentive. To date, the government, through the Malaysian Investment...
A number of companies are planning to establish vaccine manufacturing facilities in the Philippines in the next few years as the country continues its push to become “vaccine self-reliant,” a government official announced. Dr. Zen Biotech Inc., which has...
Foxconn, the world’s largest assembler of consumer electronics, has started discussions with Vingroup, the largest conglomerate in Vietnam, related to collaborating in the fast-growing area of electrical vehicles (EVs). According to Reuters, Foxconn has proposed...
Mitsubishi Corporation has entered into an agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC), Indonesia’s PT Panca Amara Utama (PAU), and the Bandung Institute of Technology (ITB) to conduct a feasibility study in Central Sulawesi,...
SKC Inc, the world’s largest producer of copper foil and part of South Korean conglomerate, SK Group is planning to spend USD 620 million to build its first overseas manufacturing factory for copper foil in Malaysia. SKC has partnered with its copper foil-making unit,...
Swedish oat milk producer Oatly and the Asian heritage beverage giant Yeo Hiap Seng (Yeo’s) have entered into a USD 30 million-worth long-term partnership to produce oat milk in Singapore. The partnership will see Yeo’s managing, operating, and maintaining the new...
The electric vehicles (EVs) sector is rapidly developing in Thailand, with a growing number of foreign players entering the market. The demand for EVs is expected to increase about threefold in 2021, thanks to the support from the Thai government. By 2036, the Thai...
World-class optical sensor producer from Germany, Leuze Electronic GmbH + Co KG, will open its first South East Asia production plant in Melaka, Malaysia. The plant is its second facility in Asia after the opening of its first factory in Shenzen, China in 2006. It...
Auto components maker Uno Minda is planning to set up an office in Thailand to cater to the ASEAN market and strengthen relations with local OEMs, which will have the opportunity to sell their products to one of the fastest-growing automotive firms in India. Founded...
Swedish plant-based milk maker Oatly and Singaporean beverage firm Yeo’s are jointly investing USD 22.3 million in equipment and facility to produce oat milk in Singapore. Yeo’s produces a number of well-known drinks brands that are sold across Asia, including...
