Vietnam is becoming a favored destination for solar photovoltaics (PV) manufacturers, driven by the low costs of Manufacturing in Vietnam combined with rising global demand and US tariffs of up to 165% on crystalline silicon PV solar imports from China and Taiwan to...
Pegatron Corporation, an Apple’s iPhones manufacturer, is looking to start production in April this year after it confirmed the rental of a 2-hectare factory in Riau Islands in Batam. The Taipei-based company’s investment is estimated to reach up to USD 300 million,...
Massachusetts-based silicon wafer manufacturer 1366 Technologies with its strategic partner Hanhwa Q CELLS Malaysia Sdn Bhd, a subsidiary of South Korean module manufacturer Hanhwa Q CELLS Co. Ltd. recently made a formal announcement of scaling plans for their wafer...
Gardenia Bakeries Philippines Inc. announced the inauguration of its new 2.5 hectare plant in Mindanao. The PHP 1 billion (USD 19 million) production facility is located in PHIVIDEC Industrial Estate in Misamis Oriental with the capacity of producing 130,000 loaves...
Indonesia is in the midst of finalizing a new electric vehicle (EV) policy to build its position as a lithium battery hub in the region. The proposed plan offers tax incentives to EV battery producers and automakers and introduces preferential tariff agreements with...
A locally listed company in Malaysia working with Malaysia Automotive Robotics and IoT Institute (MARii) is seeking to set up a facility in the next 18 months to manufacture 18650 lithium ion batteries of the type used in Tesla vehicles in terms of size and Energy...
The production of the first batch of bitumen was completed at a new bitumen blending facility owned by Pilipinas Shell Petroleum Corporation, the local Energy subsidiary of global giant Royal Dutch Shell. Being the only bitumen producer in the Philippines, Shell...
On 14 February 2019, Givaudan opened its newest fragrance encapsulation center in Singapore. The Swiss company is the world leader in manufacturing of flavors and fragrances, with a nearly 25% global market share. The company said that the new CHF 15 million (SGD 20...
Hino Motors, Ltd, a Japanese manufacturer of trucks and buses and light-commercial vehicles, announced plans to establish a new 400,000 sq m development and production base in in Bang Bo, Samutprakarn Province, with an investment of JPY 11.5 billion (USD 104 million)....
The Ministry of Finance in Vietnam has sent in a ministry document (655/BTC-CST) to the prime minister requesting a change in laws to remove the special consumption tax on locally made auto parts and components. The move could cut prices on cars assembled locally. As...
Pegatron Corp, a Taiwanese electronics manufacturer that assembles iPhones, is considering to set up a plant on Batam Island, Riau Islands. If confirmed, the investment is estimated to be worth USD 1 billion. It will also employ 8,000 to 10,000 workers in the rented...
The Malaysian government is keen to position its self as the rail equipment Manufacturing hub in the ASEAN region based on a strong partnership with China, according to recent comments from the Transport Minister. The Transport Minister invited further investments...
