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...
The Philippine subsidiary of multinational firm Cargill, Cargill Joy Poultry Meats Production (or C-Joy), has partnered with Filipino company CentralHub Industrial Centers to develop industrial facilities across the country. CentralHub Industrial Centers is the...
The Ministry of Trade and Industry (MTI) of Singapore has launched its Industrial Government Land Sales (IGLS) programme for the first half of 2019 (1H 2019). There will be 5 sites in the Confirmed List and 7 sites in the Reserve List, with a total site area of 11.86...
Chinese company, Prinx Chengshan, announced in January 2018 that it will invest 19 million GBP in a new tire factory in Thailand. The factory will be located across three sites located at Tambon Nong Suea Chang, Amphur Nong Yai, and Tambon Klong-Kew, Amphur Ban-Bung,...
The Japanese group, Marubeni, has started the construction of paperboard mill plant in the North of Ba Ria Vung Tau Province in January, 2019. The project which is worth VND 4.81 trillion (USD 206 million) comprises a total area of 15ha in Phu My 3 Industrial Zone...
