New PHP 1 Billion Bread-Making Factory Opened in Mindanao

Mar 1, 2019

Gardenia Bakeries Philippines Inc. announced the inauguration of its new 2.5 hectare plant in Mindanao. The PHP 1 billion (USD 19 million) production facility is located in PHIVIDEC Industrial Estate in Misamis Oriental with the capacity of producing 130,000 loaves...

Indonesia Preparing New Electric Vehicle Policy

Feb 1, 2019

Indonesia is in the midst of finalizing a new electric vehicle (EV) policy to build its position as a lithium battery hub in the region. The proposed plan offers tax incentives to EV battery producers and automakers and introduces preferential tariff agreements with...

Lithium-Ion Car Batteries to be Manufactured in Malaysia

Feb 1, 2019

A locally listed company in Malaysia working with Malaysia Automotive Robotics and IoT Institute (MARii) is seeking to set up a facility in the next 18 months to manufacture 18650 lithium ion batteries of the type used in Tesla vehicles in terms of size and Energy...

Swiss Flavor and Fragrance Manufacturer Opens New Facility in Singapore

Feb 1, 2019

On 14 February 2019, Givaudan opened its newest fragrance encapsulation center in Singapore. The Swiss company is the world leader in manufacturing of flavors and fragrances, with a nearly 25% global market share. The company said that the new CHF 15 million (SGD 20...