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NEWS TAGGED SEA ROUNDUP
Monday 14 November 2022
SEA roundup: Taiwanese firms plan PHP3.88 billion investment in Philippines
Global tech companies are actively expanding their manufacturing bases to Southeast Asian countries. Companies, such as Samsung, Chimei, Advanced Semiconductor Engineering (ASE),...
Monday 7 November 2022
SEA roundup: Indonesia targets producing 2 million electric motorbikes by 2024
Southeast Asian countries are accelerating the pace to switch from fuel vehicles to electric vehicles. Indonesia's government started with the supply side to target 2 million e-scooters...
Monday 31 October 2022
SEA roundup: Malaysia's semiconductor industry projected to grow 8-10% in 2022
The Malaysian semiconductor industry is projected to increase by 8-10% in 2022, according to the Malaysia Semiconductor Industry Association (MSIA). Vietnam exports recorded double-digit...
Monday 24 October 2022
SEA Roundup: Philippine electronics sector to hit 10% growth in 2022
Due to the strong demand from semiconductors and products for EVs, the Philippine electronics sector is expected to hit 10% growth this year. The department of Trade and Industry...
Monday 17 October 2022
SEA roundup: MacBooks may start to be assembled in Thailand
Apple continues to diversify its supply chain to countries outside of China. Thailand may be included in this future production plan. USI, a China-based IDM, affected by Apple's supply...
Tuesday 11 October 2022
SEA roundup: Indonesia to introduce EV subsidies in 2023
Besides encouraging investment in nickel processing for EV batteries, Indonesia is looking to offer purchase subsidies to spur EV sales, while the global semiconductor slowdown negatively...
Monday 3 October 2022
SEA roundup: VinFast partners with Renesas for automobile semiconductor
Japan-based companies eyeing opportunities in Southeast Asia are expanding their investments, while Shopee's financial challenges are beginning to bite as the company continues its...
Monday 26 September 2022
SEA roundup: Apple to produce more tablets, PCs, wearables in Vietnam
JP Morgan predicts Apple will manufacture more products in Vietnam. Malaysia is eyeing an EV share of 38% by 2030.
Monday 19 September 2022
SEA roundup: Indonesia begins antitrust investigation against Google
Google's app payment system faces antitrust investigation in Indonesia. Amid global inflation, Thailand has hiked minimum wage for the first time in two years, which may increase...
Monday 12 September 2022
SEA roundup: AMD to increase R&D spending in Singapore
AMD is looking for an R&D expansion in Singapore amid Asia supply chain relocation. BYD and Tesla are increasing their investment in Thailand.
Monday 5 September 2022
SEA roundup: Continental to deepen advanced technology cooperation in Singapore
Germany-based Continental is expanding its AI and big data analytics cooperation with Singaporean partners. Singapore is wooing talent with a new visa scheme in an era when Southeast...
Monday 29 August 2022
SEA roundup: Synopsys shifts investments to Vietnam
US-based Synopsys is increasing investments in Vietnam as it becomes cautious on China. Meanwhile the cooling of the semiconductor industry will drag Malaysia's exports for the rest...
Monday 22 August 2022
SEA roundup: Apple Watch reportedly to be made in Vietnam
Apple reportedly is urging suppliers to build more test production lines in Vietnam, a move highlighting the country's upgrading manufacturing capabilities. Indonesia wants not only...
Monday 15 August 2022
SEA Roundup: Fortune 500 companies quietly choose their battlefields to grace
Last week, four Fortune 500 companies Apple, Foxconn, Tesla, and Samsung quietly chose their battlefields, endeavoring to win over SEA. Indonesia's Pertamina, a state-owned automaker,...
Monday 8 August 2022
SEA roundup: Consequences of Pelosi's visit to Taiwan felt in SEA
US House speaker Nancy Pelosi's visit to Taiwan has heightened cross-strait tensions, but countries in Southeast Asia may also feel more geopolitical pressure from China.