Based on advance estimates from the Ministry of Trade and Industry, the manufacturing sector in Singapore grew by 2.5% on a year-on-year basis in the second quarter, slower than the 8.2% growth in the previous quarter. Growth during the quarter was primarily due to a...
The Thailand Board of Investment (BOI) announced at the end of June 2020 that it has approved 24 projects by car makers to produce electric vehicles of all types in Thailand, including hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and...
Major global tech companies, including LG, Panasonic, Samsung or Foxconn, are looking to shift or expand production in Vietnam in the post-Covid-19 pandemic period, according to the Vietnamese Ministry of Industry and Trade (MoIT). Recently LG moved its entire...
Indonesia’s state-owned oil and gas enterprise, Pertamina signed an agreement with CPC Corporation, Taiwan’s state-owned oil & gas company to develop a USD 8 billion petrochemical facility in Balongan, West Java. The facility, which will produce 1...
Canada-based LeddarTech, the leading supplier of LiDAR (light detection and ranging) technology has announced plans for volume production of the LeddarTM Pixell Cocoon LiDAR Module in Malaysia, with manufacturing partner Clarion Malaysia, a member of Faurecia Clarion...
According to a June 2020 report in the Manila Standard, the Department of Trade and Industry in the Philippines is in talks with Giant Manufacturing Corporation (“Giant”) from Taiwan, the world’s largest bicycle manufacturer, to get the company to...
IBM, the Infocomm Media Development Authority (IMDA) of Singapore, local telco M1 Limited (M1) and Samsung announced Singapore’s first 5G Industry 4.0 trial, to foster the potential of 5G for factories and generate new opportunities for Singapore’s economy...
US manufacturer of shelf-stable, plant-based foods, Atlantic Natural Foods (ANF) will launch two plant-based meal products—Hawaiian Bowl and Ultimate Vegetarian Chili—under its Loma Linda brand, after registering 40% year-on-year growth. The new products have...
German adhesive tape manufacturer, tesa, will build a USD 60.3 million plant in a 70,000 m2 site in DEEP C Industrial Zones, an industrial park cluster in Hai Phong port city in Northern Vietnam. The output from this factory is meant to address regional demand. tesa...
According to media reports, between three to four million units of Apple’s AirPods or 30% of the total output, will be made in Vietnam. Mass production for the AirPods started in Vietnam in early March 2020. Government officials granted special permits for a key...
Following a Dutch trade mission, Rohill announced that it will partner with Indonesian companies PT Len Industri and PT Simoco to obtain a leading position in the mission-critical mobile communication market in Indonesia. The partners will share knowledge and...
MCE Holdings Bhd, one of the largest automotive electronics and mechatronics parts manufacturers in Malaysia has entered into an agreement with Taiwan-based Juoku Technology Co Ltd to develop, produce and supply automotive lighting parts in Malaysia. The MoU was...
