Indonesia is currently on the receiving end of very handy foreign direct investments as the attraction of the country’s car industry grows rapidly, boosted...
The age of electric vehicles is gradually arriving in Southeast Asia as primarily Asian car makers are launching their fleets of battery-powered cars in...
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...
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...
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...
The military government in Thailand has introduced desperately needed measures to lure foreign investors (back) to the country which saw its attractiveness for international...
US car maker General Motors (GM) said it was “struggling” in Southeast Asia as the recent political upheaval in Thailand knocked sales, compounding stiff...
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...
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’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...
German car manufacturer Volkswagen (VW) is seeking to participate in a government programme offering tax exemptions for automakers investing at least $200 million in...