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Insights
22-Jan-19 China’s tech boomtown of Shenzhen has eased Hong Kong out of Asia’s top five cities by economic output. The burgeoning southern metropolis booked a 2018 GDP of CNY2.4 tn (USD356 bn), representing a year-on-year surge of 7.5%. [image: Twitter]
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18-Jan-19 Malaysia’s reluctance to sign the Trans-Pacific Partnership has resulted in a sharp slowing of investment. Malaysia approved 15 medical-device manufacturing projects in Jan-Sep 2018 for USD160 mn, notably lower than the 25 projects in 2017 worth USD500 mn. [image: Singapore Business Review]
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Insights
13-Jan-19 Vietnamese companies are branching out into new areas, in line with the government's goal of establishing the country as a manufacturing powerhouse by 2020. Real-estate conglomerate Vingroup has started manufacturing e-motorbikes, smartphones and is set to enter the car industry. [image: Nikkei Asian Review]
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Insights
30-Dec-18 JGC Corp has been awarded the contract for the construction of chemical plants that will be the foundation of a high-performance synthetic-resin manufacturing and sales undertaking in Thailand involving Kuraray, PTT Global Chemical and Sumitomo Corp. [image: JGC Corporation]
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Insights
06-Dec-18 By 2025, EVs and HEVs will account for 30 percent of all vehicle sales globally. The growth of China’s new EV market is expected to hit 46 percent by 2020, with 2.5 million units produced in that year. [image: Greg Baker / AFP / Getty Images]
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