Asian Export Awards 2024 Winners
Asian Export Awards 2024: Celebrating Excellence in Export Innovation The Asian Export Awards 2024 celebrated outstanding achievements by companies from the Asia-Pacific region. This prestigious event, held annually, recognizes businesses demonstrating excellence in export strategies, innovation, and sustainability while contributing significantly to their respective industries. Major Highlights and Key Winners BM Windows (Vietnam): BM Windows […]
Automakers to Invest Over $20 Billion in EV Production Facilities Across South and Southeast Asia
Automakers to Invest Over $20 Billion in EV Production Facilities Across South and Southeast Asia Growing demands must be met by automobile manufacturers As the demand for electric vehicles (EVs) surges globally, major automakers are directing significant investments into South and Southeast Asia, with plans to spend over $20 billion on new EV production facilities […]
Indonesia’s Rubber Industry
Indonesia’s Rubber Industry: A Positive Trajectory of Growth and Sustainability Indonesia, one of the world’s top rubber producers, has shown promising growth in its rubber industry, driven by strong international demand, innovative farming practices, and a focus on sustainability. This positive development reflects Indonesia’s commitment to not only meeting the global rubber demand but also […]
Cambodia’s Textile and Apparel Industry
The Successful Evolution of Cambodia’s Textile and Apparel Industry The textile and apparel industry in Cambodia has undergone a remarkable transformation over the past few decades, becoming one of the key drivers of the country’s economy. From humble beginnings, this sector has evolved into a thriving industry that plays a vital role in Cambodia’s economic […]
Volkswagen Tightens Austerity Program: Plant Closures and Redundancies Possible
Is Volkswagen in an even deeper crisis than feared? Volkswagen (VW), one of the world’s largest automotive manufacturers, has announced a significant tightening of its austerity measures in response to mounting financial pressures and a challenging economic environment. As part of this plan, the company has not ruled out the possibility of plant closures and […]
Thai research station Ecoplate to improve the energy efficiency of electrochemical coating processes
In Thailand, the Ecoplate research station has launched an innovative project to improve energy efficiency in electrochemical coating processes. This research initiative aims to optimise the use of resources in industrial processes in order to reduce costs while minimising environmental impact. Electrochemical coating processes are widely used in industry to refine metallic surfaces and protect […]
German companies are increasingly focusing on locations in Asia
In recent years, some German companies have relocated parts of their production or business activities to Asia. The reasons for this are varied and include cost reductions, access to fast-growing markets, and proximity to important supply chains. Here are some examples: Volkswagen (VW): VW has established extensive production facilities in China, which is now one […]
Germany is becoming increasingly unattractive as a business location, which is a major opportunity for Asian countries!
Germany as an industrial location, once hailed as one of Europe’s leading economic powers, is increasingly under pressure A recent survey conducted by the market research institute Kantar Public on behalf of the management consultancy FTI-Andersch paints a sobering picture: a majority of the manufacturing companies surveyed now take a critical view of Germany as […]
The Relocation of German Companies Amidst Escalating Energy Expenses: An Increasing Issue.
The Relocation of German Companies Amidst Escalating Energy Expenses: An Increasing Issue. In recent years, Germany’s industrial sector, known for its engineering excellence and strong manufacturing base, has been grappling with escalating energy costs. These rising expenses, fueled by a mix of factors including the shift towards renewable energy, geopolitical tensions, and fluctuations in global […]
The Relocation and Sale of BASF’s Branches: A Strategic Shift Amidst Economic Challenges
The Relocation and Sale of BASF’s Branches: A Strategic Shift Amidst Economic Challenges BASF, the world’s largest chemical producer, has long been a cornerstone of Germany’s industrial landscape. However, in recent years, the company has been making significant changes to its global operations, including relocating certain branches and selling key assets. These moves reflect broader […]
