Snack Manufacturer Lotte Increases Choco Pie Snacks Production in Indonesia
Lotte plans to build a new facility within its existing factory in Indonesia, which is expected to increase the production capacity of its flagship snack, Choco Pie, to JPY 20 billion (USD 147 million) in value. The construction of the plant is set to begin in 2023,...
Yamaha Motor Announces Robotics Business in Singapore
Yamaha Motor Co., Ltd. has announced that it has established a new company in Singapore to expand its business in Southeast Asia and India, where demand for robots is growing. The robotics business is designated as a Strategic Business Field in the company’s...
Huyndai Opens New Factory in Vietnam
A new factory has been opened in northern Vietnam by a joint venture between South Korean’s Hyundai Motor and the Vietnamese conglomerate Thanh Cong Group as it seeks to increase output and maintain its dominant position in the market. The plant, located in the...