New Kinpo Group (NKG), one of Southeast Asia’s leading electronic Manufacturing companies, is expanding its operations in the Philippines, assisted by the country’s Department of Trade and Industry (DTI), through its Board of Investments. The company is planning...
The Maritime and Port Authority of Singapore (MPA) has initiated a joint industry program to study the feasibility of additive manufacturing (AM), or 3D printing, in the maritime industry. DNV GL, which provides classification, technical assurance, software and...
Thai conglomerate, Charoen Pokphand (CP) Group and China’s Foton Motor Group have created a joint venture (JV) in Thailand, investing THB 500 million (USD 15.87 million) to manufacture pickups, big trucks, buses and passenger cars. Foton’s will support CP with...
The trade tensions between the US and China have prompted multinational companies to transfer their production facilities from China to Vietnam, resulting in a surge in labor demand. For this year’s first quarter, China was the largest greenfield investor in...
PT Industri Kereta Api Indonesia (PT Inka), Indonesia’s state-owned rolling stock manufacturer, held a groundbreaking ceremony on 2 April for a new rolling stock plant in Banyuwangi, Indonesia. The new plant is developed under partnership with Stadler Rail Group a...
Petronas Chemicals Glycols Sdn Bhd, a subsidiary of Petronas’ petrochemical arm and Malaysia’s leading chemicals producer, Petronas Chemicals Group Berhad, has signed an Agreement with Dow to collaborate on a carbon project at Petronas’ world-scale ethylene oxide (EO)...
Indonesia’s PT Mayora Indah Tbk (Mayora), the company behind the 3-in-1 instant coffee brand Kopiko, has announced an investment of over USD 80 million for setting up a coffee Manufacturing and processing facility in the Philippines. The coffee Manufacturing and...
Makino Asia, a manufacturer of machining tools opened a new smart manufacturing facility in Singapore, built with an investment of SGD 100 million (USD 74 million). The facility is expected to double the double its machine production capacity through automation and...
According to media reports, Sony is closing a smartphone production plant in Beijing and shifting to Thailand. The unit has continually experienced losses over the last few quarters. A company spokesperson advised that Sony hopes to make the business profitable by...
Vinfast has established a joint venture with LG Chem to produce battery packs for Vinfast’s currently under-production electric scooters, and in the future for electric cars. Vinfast is a subsidiary of Vingroup – the largest private conglomerate in Vietnam...
On 11 March 2019, SATS Ltd. (SATS) unveiled a new SGD 25 million (USD 18.5 million) kitchen with food technologies that can preserve nutritional qualities and optimize taste while extending shelf life. The facility has an automated rice line capable of producing about...
Scania, a Swedish manufacturer of commercial vehicles, launched a new assembly facility for trucks and bus chassis in the Bangkok Free Trade Zone. The new factory, which also holds a Manufacturing facility for truck cabs, is the biggest investment in production that...
