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...
The total industry volume (TIV) of Malaysia’s automotive sector is forecasted to increase in 2021, driven by the sales tax exemption extension under the National Economic Recovery Plan (Penjana) scheme. The sales tax exemption was introduced in June 2020 for six...
In October 2020, several state-owned Indonesian companies formed a joint venture for batteries for electric vehicles (EV). The new joint venture, called Indonesia Battery Holding, will cover everything from producing chemicals and minerals to the manufacturing of...
During an electronics manufacturing services (EMS) webinar organized by the Philippine Trade and Investment Center, the Department of Trade and Industry (DTI) Secretary Ramon M. Lopez, encouraged US firms to do business in the Philippines, particularly in electronics...
The hard disk drive manufacturer Western Digital has committed to increasing its investments in Malaysia by MYR 2.3 billion (USD 566.3 million) to boost its production capacity in Penang and Sarawak. This raises Western Digital’s total investment in Malaysia to...
Japanese company Yokowo Co Ltd has set up its automotive wiring harness and components manufacturing facility in the Philippines after a year-long due diligence process in the country. Yokowo Co Ltd has registered a 100% wholly-owned subsidiary company in the...
Eat Just, a plant-based egg substitute producer, has announced a partnership with an investment consortium, led by Proterra Investment Partners Asia, to launch a new subsidiary in Singapore, known as Eat Just Asia. Through this subsidiary, both parties will also...
