On 6 February 2020, Singapore’s Minister for Trade and Industry, Mr Chan Chun Sing, talked about rejuvenating one of Singapore’s oldest industrial estates, Sungei Kadut at the launch of Sungei Kadut Masterplan exhibition. Sungei Kadut is home to timber,...
The Thai Board of Investment (BOI) is working to develop the subcontracting sector to serve targeted industries such as aerospace, medical devices, electric vehicles, smart electronics and rail systems. The BOI Unit for Industrial Linkage Development (BUILD) aims to...
Bach Viet Automobile Manufacturing Industry JSC received in principle approval for a VND 2.7 trillion (USD 117.4 million) project to develop a 50 hectare automobile assembly and Manufacturing complex in Chan May – Lang Co Economic Zone, Thue Thien-Hue province in...
Hyundai Motor has struck an agreement with the Indonesian government to produce cars with auto parts supplied by local partners. This is the first time the Korean automaker will produce cars overseas without using Hyundai Mobis, the sparts Manufacturing arm of Hyundai...
Established players in the Malaysian steel market Ann Joo Resources Bhd (AJRB) and Southern Steel Bhd (SSB) have signed a signed a memorandum of understanding (MoU) for the formation of a 55:45 joint venture company (JV Co) that will capitalize on opportunities in the...
The Malaysian Minister of the International Trade and Industry (MITI) Darell Leiking announced in December 2019 that the government has approved four Manufacturing projects worth RM5.4billion (USD 1.3 billion) in the states of Sabah, Johor, Selangor, and Penang,...
The Philippine government recently rolled out a Garments and Textile Industry Roadmap with the aim of jumpstarting the industry’s resurgence and gain back its reputation as a competitive player in the domestic and international markets. The plan covering the...
In December 2019, Singapore-based F&N (Fraser and Neave) Foods celebrated the groundbreaking of a new food & beverage manufacturing facility in Singapore. Listed on the Singapore stock exchange, F&N ranks as one of the leading companies in the beverage and...
The Board of Investment (BOI) of Thailand approved four large-scale industrial projects in December 2019, with a total investment of THB 30.17 billion (USD 997 million). The projects consist of an ethanol production project, two automobile and motorcycle tire...
Taiwanese electronics manufacturer Pegatron, which is a supplier for Apple and Samsung is reportedly planning to construct a Manufacturing facility in the north of Vietnam to make styluses for Samsung smartphones. In 2019, Pegatron announced the establishment of...
Bridgestone, a leading tire maker from Japan, has opened an off-the-road (OTR) tire plant in Amata City in Thailand in October 2019. The unit is operated by Bridgestone Specialty Tire Manufacturing (Thailand) Co. Ltd. and spans an area of 9.3 million square feet. The...
US-based online social media and social networking service company Facebook announced that it will produce its new-generation virtual reality (VR) headset called the Oculus Rift S VR in Vietnam. This is in line with the company’s strategy to diversify production...