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...
Asics, a shoe manufacturer from Japan, plans to move its factories from China to Indonesia. As part of its relocation plan, Asics will build four factories in Java island. Selected regions are Cirebon, West Java; Tegal, Central Java; Pemalang, Central Java. After...
VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has recently released two important announcements related to the company’s electric car business. In early March 2021, VinFast announced that it signed an agreement with...
Yamaha Motor Philippines, Inc. has launched a PHP 2.7 billion (USD 75 million) expansion of its motorcycle factory in Lima Technology Center in Batangas, and has plans to hire an additional 1,300 workers for the plant. The move is in response to an increase in demand...
Apple has relocated its production facility from China and started to manufacture M1 Mac Mini in Malaysia. This is part of the company’s bigger plan to decentralize its manufacturing operations, as the world’s tech industry is now looking for alternative...
Despite the hope that US-China tensions will ease under President Joe Biden, Apple has not slowed down its supply chain diversification process out of China. According to sources of Nikkei Asia Review, the giant tech company is mobilizing suppliers to expand the...
The Philippine government, through its lead investment promotion arm, the Board of Investments (BOI), is wooing Japanese manufacturers to turn the Philippines into their South East Asian hub for personal protective equipment (PPE) production, highlighting the...
It has been reported that the government of Indonesia has received an investment proposal from Tesla for a potential car battery plant and energy storage system. Tesla considers Indonesia to be one of its priority investment destinations, considering that the country...
To address worsening air pollution, Thailand has set a target for electric vehicles (EVs) to account for 30% of car production by the end of the decade. The 30% target will include cars, motorbikes, and buses. Some of the measures to stimulate the domestic market and...
DS Smith Rapak Thailand, an arm of UK listed DS Smith Plastics, has opened a new facility in Chachoengsao, a province in south-central Thailand, east of Bangkok. The new facility, which specializes in liquid bag-in box packaging and filling systems, is located 20...
DuPont Nutrition & Biosciences has announced the mechanical completion of its new Flexiblend facility in Singapore. The new plant will leverage DuPont’s advanced biotechnology and global quality standards to provide customized solutions to industry partners in...
CPV Food Co. Ltd., a member of CP Vietnam Livestock Joint Stock Company, recently held the inauguration ceremony of CPV Poultry Complex in Binh Phuoc Province. This is the largest chicken farming complex in South East Asia to date, expected to generate USD 100 million...
