Singapore’s EliTe Solar Launches New Solar Cell Facility in Indonesia
Singapore-based solar manufacturer EliTe Solar has officially launched a high-efficiency solar cell production facility in Indonesia, marking a significant expansion into the country’s burgeoning solar energy market. The project, which began with site selection in May...
Hyundai Motor Partners with INOKOM for Automotive Assembly Investment in Malaysia
Hyundai Motor is set to establish a strategic partnership with INOKOM for the assembly of several new automotive models in Malaysia, backed by a significant investment of MYR 2.16 billion (USD 480 million). This collaboration marks Hyundai’s largest investment...
South Korean Group to Launch USD 80 Million Magnet Factory in Vietnam
South Korea’s Star Group Ind. (SGI) is set to launch its USD 80 million magnet manufacturing factory, SGI Vina Co., Ltd., in Quang Nam province, Vietnam. The project, which received its investment registration certificate in October 2022, is currently in the...