Hyundai Motor to Build First South East Asian Plant in Indonesia
Hyundai Motor has struck an agreement with the Indonesian government to produce cars with auto parts supplied by local partners. This is the first time the Korean automaker will produce cars overseas without using Hyundai Mobis, the sparts Manufacturing arm of Hyundai...
Ann Joo and Southern Steel Forming JV for Manufacturing Long Steel Products
Established players in the Malaysian steel market Ann Joo Resources Bhd (AJRB) and Southern Steel Bhd (SSB) have signed a signed a memorandum of understanding (MoU) for the formation of a 55:45 joint venture company (JV Co) that will capitalize on opportunities in the...
Malaysian Government Approves Four Manufacturing Projects Worth MYR 5.4 Billion
The Malaysian Minister of the International Trade and Industry (MITI) Darell Leiking announced in December 2019 that the government has approved four Manufacturing projects worth RM5.4billion (USD 1.3 billion) in the states of Sabah, Johor, Selangor, and Penang,...