Hyundai Mobis powers up EV expansion with new $65.8 million plant in the city of Ulsan
In a move to solidify its position in the electric vehicle (EV) market, Hyundai Mobis Co., South Korea’s premier auto parts maker, announced plans to [more…]
Category: Indonesia
Freeport-McMoRan set to boost copper exports amidst Indonesia export licence extension
In a move to capitalize on soaring copper prices and alleviate smelter shortages, Freeport-McMoRan is gearing up to export up to 900,000 metric tons of [more…]
Glencore and PT Chandra near $1 Billion deal for Shell’s Singapore refinery and petrochemical units
In a move set to reshape Singapore’s energy landscape, a consortium led by Glencore and PT Chandra is on the brink of acquiring Shell’s oil [more…]
Hong Kong’s CK Hutchison terminates telecom venture with Swedish private equity
CK Hutchison Holdings, a key player in Hong Kong’s business landscape and the flagship company of billionaire Li Ka-shing, has announced the termination of its [more…]
Acen Renewables expands footprint in a partnership with Barito Renewables for wind projects in Indonesia
ACEN Corp.’s renewables division, ACEN Renewables International, has embarked on a significant venture with Indonesia-based Barito Renewables to acquire late-stage wind development assets in Indonesia. [more…]
Alibaba’s Lazada, Southeast Asia’s e-commerce platform, reaching out to merchants impacted by Indonesia’s social media restrictions
Lazada, which is an e-commerce marketplace in Southeast Asia owned by Alibaba, is actively seeking sellers affected by Indonesia’s latest e-commerce regulation. This information was [more…]
Indonesia’s Investree secures around $231 million in its series D funding round and ventures into the Middle East market
Indonesian online lending firm Investree is in the process of securing approximately 220 million euros (US$230.8 million) in series D funding through a joint venture [more…]
BYD, a Chinese company, leverages strategic partnerships to drive the growth of EV sales across Southeast Asia
BYD, a leading Chinese electric vehicle (EV) manufacturer, stands at the forefront of the global EV revolution. With innovative technology and a commitment to sustainable [more…]