Hyundai
Southeast Asia’s first electric vehicle battery plant is in the making
South Korean companies LG Energy Solution and Hyundai Motor Company began the construction of a new plant for electric vehicle batteries in Indonesia on...
Indonesia partners with LG to set up electric vehicle battery plant for $1.2 billion
Indonesia’s state-owned Indonesia Battery Corporation and South Korean conglomerate LG Group joined forces to build a new...
Hyundai to build first factory in Southeast Asia
South Korean car manufacturer Hyundai Motor has signed a preliminary deal to build a new factory in...
Indonesia seeks investment from carmakers for e-vehicles
The Indonesian government is seeking investment from Renault
and Volvo to make electric vehicles as the country targets...
Ride-hailing firm Grab to invest “substantially” in Indonesia
Singapore-headquartered ride-hailing firm Grab said on March 7 that it has secured $1.5 billion in fresh financing from a fund run by Japan’s SoftBank...
Myanmar’s car industry on the rise
Nissan has joined Suzuki in opening a car assembling facility in Myanmar, giving the dormant automotive industry in the country a much-needed push. Assembling...
Thai, Japanese firms to build car plants in Myanmar
Car companies from Japan and Thailand are now planning to build car and spare part factories in Myanmar, according to the Union of Myanmar...
Nissan to build car factory in Myanmar
Japanese auto maker Nissan will invest more than $ 200 million for an auto factory construction project to be built on 100 acres of...
South Korean investors flock to Vietnam
South Korean firms have become important investors in Vietnam, new data from the country's investment board shows.
Samsung Electronics is currently building up Vietnam as...
Ten cheapest cars in the world
With the rising buying power of Southeast Asia's middle class, the desire to purchase a car sooner or later comes to the table. However,...
South Korean government implements green credit system
South Korea is working towards ensuring a smaller carbon footprint for their country by announcing the implementation of a “green credit system” targeting large...
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Myanmar’s currency falls to all-time low against US dollar
Myanmar’s currency, the kyat, has fallen to a new all-time low against the US dollar this September amid growing concerns about the stability of...
Stories of the week
Politics unchained: PacMan to run for Philippine president, Najib seeks return to Malaysian parliament
Philippine boxing legend-turned-politician Manny Pacquiao, nicknamed PacMan, declared on September 19 that he decided to run for president of the Philippine in the 2022...