Hyundai Motor to Open Mobility Global Innovation Center in Singapore

Hyundai Motor to Open Mobility Global Innovation Center in Singapore

In March 2020, Hyundai Motor Company announced plans to establish a Hyundai Mobility Global Innovation Center in Singapore (HMGIC), with support from the Singapore Economic Development Board (EDB). The open innovations lab will explore ideas related to research &...
Sanmina Corporation Expanded its Facility in Thailand

Sanmina Corporation Expanded its Facility in Thailand

Sanmina Corporation, an American electronics Manufacturing services provider and Fortune 500 company, recently announced the expansion of its facility in Thailand. The site now has custom packaging and assembly capabilities to manufacture advanced optical, high speed,...
Vietnam Rubber Industry Group to Build Three New Plants

Vietnam Rubber Industry Group to Build Three New Plants

The Vietnam Rubber Industry Group (VRG), in which the government of Vietnam holds a controlling stake, has announced an investment into three new processing factories in the northern region of Vietnam to meet an expected increase in rubber demand. One of VRG’s...
D&L Industries Doubles Capital Expenditure to USD 59 million

D&L Industries Doubles Capital Expenditure to USD 59 million

D&L Industries, Inc., the country’s largest specialty foods ingredients, plastics and oleochemicals firm, is doubling its capital expenditure (capex) this year to about PHP 3 billion (USD 59 million) from PHP 1.55 billion (USD 30 million) in 2019 as it remains...