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Hyundai

Hyundai to build first factory in Southeast Asia

Nov 27, 2019

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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

Apr 10, 2019

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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

Mar 7, 2019

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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

Feb 19, 2016

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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

Mar 7, 2014

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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

Feb 8, 2014

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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

Sep 27, 2013

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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

Aug 10, 2013

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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

May 24, 2011

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South Korea is working towards ensuring a smaller carbon footprint for their country by announcing the implementation of a “green credit system” targeting large...