Yamaha Allots USD 75 Million for Motorcycle Factory Expansion in the Philippines
Yamaha Motor Philippines, Inc. has launched a PHP 2.7 billion (USD 75 million) expansion of its motorcycle factory in Lima Technology Center in Batangas, and has plans to hire an additional 1,300 workers for the plant. The move is in response to an increase in demand...
Indian Auto Components Maker Uno Minda to Expand in Thailand
Auto components maker Uno Minda is planning to set up an office in Thailand to cater to the ASEAN market and strengthen relations with local OEMs, which will have the opportunity to sell their products to one of the fastest-growing automotive firms in India. Founded...
Shoe Manufacturer Asics to Relocate its Factories to Indonesia
Asics, a shoe manufacturer from Japan, plans to move its factories from China to Indonesia. As part of its relocation plan, Asics will build four factories in Java island. Selected regions are Cirebon, West Java; Tegal, Central Java; Pemalang, Central Java. After...