China’s Zhejiang Huayou Cobalt just announced a partnership with electric vehicle battery maker EVE Energy and other players for a USD 2.08 billion nickel and cobalt project in Indonesia. This will represent Huayou’s third battery nickel smelting project in Indonesia....
GlobalFoundries, the global leader in feature-rich semiconductor manufacturing, today announced it is expanding its global manufacturing footprint with the construction of a new fabrication plant on its Singapore campus. In partnership with the Singapore Economic...
The Department of Trade and Industry – the Board of Investments (DTI-BOI) – is eyeing Japanese pharmaceutical firms to invest in the Philippines. With the developments in health insurance schemes, health systems, and increasing investments in public health, the...
In May 2021, Toyota Motor Vietnam and the Department of Industry – Ministry of Industry and Trade signed a Memorandum of Understanding to support domestic enterprises, specifically to enhance their capabilities and strengthen cooperation between domestic...
Pan Asia Metals, a specialty metal explorer and developer focused on projects in South East Asia, recently intersected pegmatite dyke swarms within the Reung Kiet Lithium Project in southern Thailand. Exploration results showed promising levels of lithium hosted in...
Established in 1978, Vietnam Petroleum Institute (VPI) is the unique R&D institution of Vietnam Oil and Gas Group (PetroVietnam). On April 17, 2021, VPI signed a contract to collaborate with PetroVietnam Oil Corporation (PVOIL) to research electric vehicle (EV)’s...
French chemicals and plastics producer Arkema is building a new plant on Jurong Island, Singapore, to produce its flagship Rilsan polyamide 11 high-performance polymer. This plant, for which production will be 100%-derived from renewable castor beans, represents a 50%...
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...
