Hon Hai Technology Group (Foxconn), a global leader in smart manufacturing, has signed an MoU with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to jointly develop...
Vietnam has the second-lowest operating costs among nine popular manufacturing locations in Asia and is a market with great potential for logistics development, according to a new...
Vietnam's startup ecosystem remained robust in 2021, and foreign investments in the country are estimated to have reached US$20 billion last year despite COVID impacts.
The Regional Comprehensive Economic Partnership (RCEP) taking effect on January 1, 2022 is likely to enhance regional trade of automotive components and products such as electric...
Southeast Asia's (SEA) first decacorn Grab slide more than 20% in its Nasdaq debut on December 2 following the company's record US$40 billion merger with a SPAC, Altimeter Growth...
Tech giants such as Apple and Samsung have been keen to keep their handset production lines om Vietnam running during the Christma period, offering incentives such as higher wages...
Technology merger and acquisition activities accelerated in 2021 and deals in Asia broke the US$100 billion mark for the first time in history, totaling US$137.3 billion, up 86.3%...
After announcing partnerships in 2021 with Hero Moto in India and Gojek in Indonesia, the electric motorcycle and battery swap company Gogoro aims to start producing electrical motorbikes...
Southeast Asia is seeing a rise in business opportunities related to metaverse, while Singapore is in fourth place globally in terms readiness for autonomus driving services.
Startups in Southeast Asia (SEA) are seeing more opportunities to grow in the post-pandemic era. The number of deals in SEA's tech startup scene in the first half of this year hit...
The rise of "mobility-as-a-service" or "vehicle-as-a-service," such as car rental services, car sharing, or ridesharing services, not only provides people with more alternative ways...
Datacenters are opening at a rapid pace in ASEAN countries. Amazon Web Services (AWS) is building new data centers in Jakarta, Indonesia; Microsoft has plans to set up Azure datacenters...
Taiwan-based scooter maker Kymco has plans to enter the US and EU markets with its electric two-wheelers in 2022, according to company chairman Allen Ko.
A new joint venture (JV) Electrum was formed between the partnership of two Indonesia-based companies, decacorn Gojek and energy firm TBS Energi Utama, with an ultimate goal of accelerating...