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Toyota

Japan Keen On Investing In Hybrid Car Industry In Thailand

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Japanese companies are interested in investing more in hybrid car manufacturing in Thailand, the National News Bureau...
Ride-hailing Firm Grab To Invest “substantially” In Indonesia

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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...
Grab to stoke up ride-hailing competition in Indonesia with $250m investment

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Singapore ride-hailing company Grab, which claims it holds 65 per cent of Indonesia's ride-hailing market, will invest $250 million through its newly launched unit...
Asian firms with strong UK ties feel the heat after Brexit vote

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Asian companies with investments, services or manufacturing bases in the UK will have to reconsider their ties to the country as it prepares to...
Myanmar’s car industry on the rise

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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...
Toyota expands production in the Philippines by 20%

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The Philippine unit of the world's biggest automaker Toyota Motor Corp. is planning to expand its local production capacity by as much as 20...
Thailand beefs up tax incentives for foreign businesses

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The military government in Thailand has introduced desperately needed measures to lure foreign investors (back) to the country which saw its attractiveness for international...
GM struggling in ASEAN as Thai unrest knocked sales

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US car maker General Motors (GM) said it was “struggling” in Southeast Asia as the recent political upheaval in Thailand knocked sales, compounding stiff...
Thai economy under heavy pressure after coup

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Thailand's economy was already struggling before the country's military seized power in a bloodless coup on May 22, saying it needed to restore order...
Japan “gravely concerned” about developments in Thailand

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Thailand's biggest investor, Japan, expressed "grave concerns" after the Thai army imposed martial law on May 20. After several months of anti-government protests, generals...
Thailand: 30,000 auto workers lost jobs

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Thailand’s auto sector, Southeast Asia’s biggest, has fired more than 30,000 subcontracted workers this year and slashed production, as sales plunge after months of...
Volkswagen plans to build factory in Thailand

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German car manufacturer Volkswagen (VW) is seeking to participate in a government programme offering tax exemptions for automakers investing at least $200 million in...
Indonesia to become ASEAN’s top car market

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Indonesia's auto market will probably overtake Thailand as Southeast Asia's biggest in 1 or 2 years, the CEO of its biggest auto distributor PT...
Thai, Japanese firms to build car plants in Myanmar

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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...
Thailand loses auto investments to Indonesia

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Indonesia has become increasingly successful in its bids to woo away investments of global car companies from Thailand. Honda opened its second car-manufacturing factory in...
Volkswagen mulls production base in the Philippines

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German car maker Volkswagen, the world's number two behind Toyota, said it is considering to establish a production base in the Philippines to supply...
General Motors sets sight on Indonesia

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US car maker General Motors (GM) is trying to break the Japanese stranglehold on the popular family car market in Indonesia, where it sees...
Companies pledge millions in typhoon help to Philippines

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Companies and banks are on a growing list of private-sector donors who have pledged millions of dollars to support relief efforts in the Philippines,...