British Consortium to Invest USD 9 Billion in Indonesia
Reuters recently reported that a British consortium that includes mining giant Glencore is set to invest about USD 9 billion in Indonesia’s mining and electric vehicle (EV) battery industry, as the resource-rich country tries to attract a host of multinational...
US Building Materials Specialist Opens Manufacturing Plant in Thailand
HYDRO-BLOK, an American manufacturer of foam-based waterproofing shower systems and building panels, has announced the opening of its new factory in Bangkok, Thailand, to expand its manufacturing capacity and support its growing global market. The new factory will...
Envirotech to Build EVs in the Philippines
California-based Envirotech Vehicles Inc. (EVT) is investing USD 80 million to build a production plant in Clark Freeport Zone as it bets on the EV market’s growth potential in the Philippines. The plant, which will have an area of 15,000 to 20,000 square meters, is...