Nissin’s USD 21.78 million Biscuit Factory in Davao Approved by BOI
The Board of Investments (BOI) has approved Monde Nissin Corporation’s USD 21.78 milion investment in a new biscuit manufacturing facility in Davao City. The facility, located in Barangay Ilang, Bunawan, is dedicated to producing butter coconut biscuits and is...
Western Digital Invests USD 693 Million in Thailand
Thailand has approved Western Digital’s investment project valued at THB 23.5 billion (approximately USD 693 million), marking a significant development in the country’s data storage industry. Western Digital, a leading global technology company specializing in...
Vietnamese EV Manufacturer Launches First Assembly Plant in Indonesia
VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, held a groundbreaking ceremony on July 15, 2024, for its first assembly plant in Subang, West Java. The facility will produce right-hand drive versions of its e-SUV models, including the VF 3, VG 5, VF 6,...