Indonesia Collaborating with Taiwan for Industry 4.0 Development

The Ministry of Industry of Indonesia has announced a collaboration with the Industrial Technology Research Institute (ITRI) in Taiwan and management consulting firm, McKinsey, to establish a Digital Capability Center (DCC) for the development of Industry 4.0 in...

Sinomach to Open Ferronickel Plant in Indonesia

Chinese state-owned firm, Sinomach, also known as China National Machinery Industry Co, has finalized its plan to build a 80,000 tons ferronickel plant in Indonesia. The engineering, production and construction contract was signed between Sinomach and Indonesia’s PT...
Nestle Malaysia Announces MYR 220 Million of Capital Expenditure

Nestle Malaysia Announces MYR 220 Million of Capital Expenditure

Nestle Malaysia Bhd announced capital expenditure (capex) of MYR 220 million (USD 52.75 million) for the current year, with the majority, MYR 100 (USD 23.98 million), allocated to expand its factory in Chembong, Negeri Sembilan into ‘the world’s largest Milo...