Thailand Board of Investment (BOI) has announced plans to promote investment in the manufacturing of semiconductors and related R&D activities, aiming to strengthen the country’s electronics supply chain. Crucially, the BOI has developed a new package with...
Aiming to obtain a competitive advantage in the global electric vehicle (EV) market, Vinfast, Vietnam´s leading private automotive manufacturer, has formed several collaborations with developers of innovative battery technologies. For instance, VinFast is working with...
The Indonesian Ministry of Industry has announced plans to create an Engineering Center for laptop production, in order to build a market for domestically produced laptops and invite investment in related industries. Among the main Engineering Center’s goals are to...
Schott AG, a German multinational manufacturer of high-tech materials for specialty glass, has set up Schott Asia IT Services Sdn Bhd (SAITS) in Kuala Lumpur as its international IT competence center. SAITS will play a key role at Schott IT to integrate the...
Dow, the global leading materials science company headquartered in the United States, has just announced a plan to expand its propylene glycol (PG) capacity at its existing facility in Map Ta Phut, Rayong, Thailand. This investment aims at supporting growing demand...
Cement firm Holcim Philippines, Inc. is investing PHP 210 million (USD 4.2 million) in projects to reduce the fuel consumption and increase mineral additive usage of its cement plants in Bacnotan, La Union and Lugait, Misamis Oriental, as part of efforts to raise...
Singapore has attracted some USD 179 million in investment from Japanese bicycle-parts maker Shimano, with its upcoming plant in Jurong Innovation District (JID) expected to help meet the rising demand for cycling products. The company is building a facility in the...
In July 2021, Teijin Carbon Vietnam Co., Ltd (TCV) began commercial production of carbon fiber goods such as prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. The factory is located in Ha Nam province. Initially, TCV...
KCC Glass Corporation, a representative integrated glass company in Korea, has announced plans to establish a glass factory in Batang Industrial Park, Central Java, Indonesia. The USD 350 million glass factory, in the size of 490,000 square meters in total, is...
UMW Toyota Motor Sdn Bhd (UMWT) recently announced its plan for local mass manufacturing of Hybrid Electric Vehicles (HEV) in Malaysia with an additional investment of MYR 270 million (USD 63.69 million) to expand its current manufacturing operations and facility. The...
AT&S has announced a MYR 8.5 billion (USD 2.04 billion) of proposed investment to build its first South East Asian production site in Malaysia. AT&S is a multinational manufacturer of high-end printed circuit boards (PCBs) and integrated circuit (IC)...
Thailand’s Board of Investment has just approved 24 projects of car manufacturers for the production of electric vehicles, including 6 plug-in hybrid electric vehicles projects, 13 battery electric vehicles projects, and 5 hybrid electric vehicles projects. The...
