PepsiCo Re-enters Indonesia with a New Snack Factory
American food and beverage company PepsiCo is reportedly making a comeback in Indonesia with the construction of a snack factory in West Java. This move follows its separation from its local partner two years ago. The new factory, part of PepsiCo’s USD 200...
Tesla Plans to Invest in a New Battery Factory in Indonesia
In August 2023, a high-ranking Indonesian official revealed that Tesla, the American electric vehicle (EV) maker, intends to invest in battery material production within Indonesia. Luhut Binsar Pandjaitan, the Coordinating Minister of Maritime and Investment Affairs,...
Ericsson Selects Penang for Its First 5G Manufacturing Supply Chain Plant in South East Asia
Ericsson, the Swedish telecommunication giant, has inaugurated its 5G production facility in South East Asia in Penang, Malaysia, in partnership with the American electronics and supply chain firm, Flex. The state-of-the-art facility is set to produce Ericsson’s...