Kia mulls building its first ASEAN production facility in Thailand September 07, 2023 South Korea's Kia Corp plans to build a factory in Thailand with an annual capacity to produce 250,000 vehicles, said a Reuters report in Channel News Asia, citing an unnamed source in a Korean newspaper. The company could sign an investment agreement with the Thai government this year more
China’s Kinwong Electronic Unveils Plan to Build USD96 Million PCB Base in Thailand September 06, 2023 Kinwong Electronic, a leading supplier of printed circuit boards, plans to invest CNY700 million (USD96.4 million) in a new production base in Thailand to better serve overseas clients and adapt to changes in the global economic and trade environment more
Thai PM Srettha to take finance portfolio amid tepid economic growth September 06, 2023 Thailand's new Prime Minister, Srettha Thavisin, was named finance minister in a Cabinet which see his Pheu Thai party, backed by the Shinawatra family, will oversee defense, transport, commerce, health, and foreign ministry portfolios, said a Reuters report in Channel News Asia. more
Engineer shortage may harm US plan to turn Vietnam into chips powerhouse September 06, 2023 A chronic shortage of engineers in Vietnam is a major challenge to the growth of the country’s semiconductor industry and the US plans of fast-tracking it as a chips hub to hedge against China-related supply risks, reported Reuters. more
Nabsolute Wins SelectUSA Tech APAC Summit Pitching Competition and Annouces Expansion to USA in 2023 May 04, 2023 Nabsolute, the groundbreaking company developing nano-modified biopolymer delivery systems for healthcare products, has emerged victorious in the recent SelectUSA Tech APAC Summit Pitching Competition by US Department of Commerce. more
Ford to invest $1.3 billion to build EV manufacturing hub in Canada April 17, 2023 Ford will invest about $1.3 billion in its Oakville Assembly Plant in Ontario, Canada, to transition the facility into a new electric vehicle hub more
Thailand's PTT to invest $7bn in green hydrogen with Saudi firm April 17, 2023 The state-owned Thai oil and gas conglomerate, PTT Group, will invest $7 billion to produce "green" hydrogen with Saudi Arabia's leading renewable energy company, ACWA Power, aiming to power electric vehicles in ASEAN more
Honda and POSCO to partner on EV battery recycling, materials April 17, 2023 Honda Motor has begun exploring a partnership with South Korean steelmaker POSCO Holdings on recycling EV batteries and other initiatives, the Japanese carmaker announced Tuesday, as it aims to strengthen a crucial procurement relationship more
Kuraray is Partnering with GC and Sumitomo Corporation to Open a Highly Engineered Plastic Manufacturing Plant to Develop Thailand's Industrial Capabilities in the EEC Region April 07, 2023 Kuraray Co., Ltd. is partnering with PTT Global Chemical Public Company Limited (GC) and Sumitomo Corporation to open a manufacturing plant. more
