Indonesia to Scale Up Battery Manufacturing for Electric Vehicles

Indonesia to Scale Up Battery Manufacturing for Electric Vehicles

In October 2020, several state-owned Indonesian companies formed a joint venture for batteries for electric vehicles (EV). The new joint venture, called Indonesia Battery Holding, will cover everything from producing chemicals and minerals to the manufacturing of...
Western Digital Pledges MYR 2.3 Billion in Investment in Malaysia

Western Digital Pledges MYR 2.3 Billion in Investment in Malaysia

The hard disk drive manufacturer Western Digital has committed to increasing its investments in Malaysia by MYR 2.3 billion (USD 566.3 million) to boost its production capacity in Penang and Sarawak. This raises Western Digital’s total investment in Malaysia to...
Plant-based Egg Substitute Producer Expands in Singapore

Plant-based Egg Substitute Producer Expands in Singapore

Eat Just, a plant-based egg substitute producer, has announced a partnership with an investment consortium, led by Proterra Investment Partners Asia, to launch a new subsidiary in Singapore, known as Eat Just Asia. Through this subsidiary, both parties will also...