Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years
The largest semiconductor manufacturer in the world, Intel Corporation (Intel Corp), has committed to investing USD 15.8 billion (MYR 70 billion) in Malaysia over a ten-year period. The company intends to invest approximately USD 6.77 billion (MYR 30 billion) to...
BASF and Eramet to Invest in a USD 2.6 billion Nickel Smelting Facility in Indonesia
Germany’s BASF is finalizing a USD 2.6 billion partnership deal with French miner Eramet to invest in a nickel processing facility in Indonesia. The project, which will involve the development of a high-pressure acid leach plant (HPAL) in Weda Bay, Indonesia,...
Hyundai to Roll Out First Singapore-Assembled Cars in 2023
Hyundai Motor’s assembly plant in Singapore is set to begin producing the electric Ioniq 5 in the first half of 2022. The plant is located at the Hyundai Motor Group Innovation Centre in Jurong and is now expected to be finished by April 2022. The plant will...