Manufacturing & Industry

South Korean carmaker Hyundai Motor opened its first Southeast Asian manufacturing plant in Indonesia on March 16 that will produce Indonesia’s first locally assembled...

US private equity firm Cerberus Capital Management together with local partner Agila Naval is acquiring an indebted shipyard in the Philippines’ Subic Bay northeast...

Philippine President Rodrigo Duterte approved a law allowing foreign investment in more business sectors, Reuters cited his office as saying on March 4. The...

Manufacturing activity in and tourism bookings to Southeast Asia both improved since the beginning of the year, two separate sets of data show. Thailand’s manufacturing...

Indonesia is set to start producing its own mRNA-based Covid-19 vaccines after the World Health Organisation (WHO) appointed the country as one of the...

Southeast Asia is increasingly cementing its role as global technology manufacturing hub, with Singapore and Malaysia leading in the semiconductor sector. The two countries are...

Oversea Filipino Workers, or OFW, sent home a record high of remittances through banking channels of $31.4 billion last year despite the prolonged Covid-19...

Malaysia’s oil giant Petronas and Japanese conglomerate Mitsubishi are divesting their stakes in Myanmar’s Yetagun gas field, the companies said on February 18, in...

South Korea's Samsung Electronics will invest $920 million in a production facility in northern Vietnam, government officials of the country said on February 16. The...

Cambodia’s garment, footwear and travel goods industry has seen a rebound in 2021 as exports rose by 15.2 per cent to $11.38 billion, according...

Money transfers back into Cambodia from nationals working abroad improved in 2021 after a Covid-19 induced slump in the previous year, with around 1.3...

The Thai government is close to approving a potentially sharp rise in the daily minimum wage from a rate between 313 baht ($9.37) and...

Taiwan-headquartered Hon Hai Precision Industry, doing business as Foxconn Technology Group, said it plans to invest in building manufacturing facilities for electric vehicle components...

Southeast Asia is entering a recovery phase from the Covid-19 pandemic, mainly helped by improving exports as the global economy is gradually strengthening, the...

The Philippine Congress approved a bill allowing full foreign ownership of telecommunication and railway services in a move to make rules less restrictive for...

A Southeast Asian economic think tank has warned that the small nation of Brunei needs a broader “strategic plan” to diversify its economy away...

Policymakers in Laos are studying a proposal to rise the country’s minimum wage as inflation and an increasing cost of living bites particularly low-earners,...

Smart Automobile, a joint venture of Chinese carmaker Geely and Germany’s Mercedes-Benz headquartered in Hangzhou, plans to sell China-built, Smart-badged electric vehicles in Southeast...