US-based NanoForge Technologies, a subsidiary of the outsourcing firm Wagmi Solutions, is embarking on a strategic move to diversify its manufacturing operations away from China and Mexico. The company plans to establish a new facility in the Philippines, a decision...
US-based semiconductor giant TTM Technologies has committed a substantial investment of USD 200 million to establish its inaugural manufacturing plant in Malaysia. This facility, situated in Penang Science Park within the Northern region of the country, is tailored...
The South Korean producer of spandex Hyosung TNC Corp. is set to invest USD 1 billion in new bio-textile material facilities in Vietnam, aiming to propel its growth in eco-friendly sectors. The company recently obtained approval from the provincial government to...
Gstar has recently commenced the construction phase of its silicon rod and silicon wafer factory in Indonesia. In Jakarta, a new 60,000 square meter factory is under construction. The facility will feature fully digital and intelligent production processes,...
TT Vision Holdings Bhd (TTVHB), a Malaysian technology-driven company specializing in automated machine vision solutions, has forged a significant partnership with Autowell (Singapore) Pte Ltd (ASPL). This collaboration entails a MYR 167 million (USD 34.91 million)...
Construction work is underway for the BMW Group’s Thai manufacturing facility for Gen-5 high-voltage batteries. With that, the BMW Group is readying a production facility to manufacture fully electric vehicles, with local battery electric vehicles (BEV) production...
Japanese plastic maker Kuraray has announced a strategic investment to establish a new production facility for EVOH (ethylene-vinyl alcohol copolymer) resin at Kuraray Asia Pacific Pte. Ltd., a fully-owned subsidiary in Singapore. This initiative reflects the...
In March 2024, VDL ETG, the high-tech cluster of VDL Groep, ratified cooperation with Frasers Property for the construction of a new facility in Vietnam to make semiconductor manufacturing components. The construction of the new VDL factory in the northeast of Vietnam...
Shell, an international oil and lubricant company, has begun constructing Indonesia’s first Grease Manufacturing Plant (GMP). It represents an additional investment alongside Shell’s existing Lubricants Oil Blending Plant (LOBP) in Marunda, Bekasi, West...
Silicon Valley-based Sol-Go Inc has made a strategic decision to build its new solar panel factory in the Philippines, choosing the country over manufacturing hubs like China and Vietnam. Looking ahead, Sol-Go aims to significantly expand its Batangas factory, with...
Singapore’s aerospace sector has attracted substantial investment commitments totaling over S$750 million (USD 555 million) from more than ten projects, signaling significant growth opportunities for the industry. This influx of investments is projected to...
SEDC Energy Sdn Bhd, a subsidiary of Sarawak Economic Development Corporation (SEDC), a state government agency, has entered into an MoU with Gallois New Energy Materials (M) Sdn Bhd, a Malaysian exporter of natural graphite, to establish a graphite manufacturing...
