A recent report from Krungsri Research estimates that Thai motorcycle production will increase by 2-4% to 2.10-2.15 million units in 2019, thanks to increasing demand coming from both the domestic and foreign markets. The sales volume in 2020 and 2021 will stay around...
Vingroup JSC, one of Vietnam’s largest real estate, tech and retail conglomerates has started construction on its Hanoi based smartphone factory. The VinSmart factory will be located in Hoa Lac Hi-Tech Park and completed in two phases. The first phase will be...
The Ministry of Industry of Indonesia has announced a collaboration with the Industrial Technology Research Institute (ITRI) in Taiwan and management consulting firm, McKinsey, to establish a Digital Capability Center (DCC) for the development of Industry 4.0 in...
Chinese state-owned firm, Sinomach, also known as China National Machinery Industry Co, has finalized its plan to build a 80,000 tons ferronickel plant in Indonesia. The engineering, production and construction contract was signed between Sinomach and Indonesia’s PT...
Nestle Malaysia Bhd announced capital expenditure (capex) of MYR 220 million (USD 52.75 million) for the current year, with the majority, MYR 100 (USD 23.98 million), allocated to expand its factory in Chembong, Negeri Sembilan into ‘the world’s largest Milo...
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...
