by Teuvo Tuomi | Feb 20, 2025 | Business, Economy, Manufacturing, News, Thailand
Thailand’s factory closures are accelerating nationwide. For the past two years, an average of at least 100 businesses have shuttered their doors each month, according to data from the Kasikorn Research Center (KResearch). The forecasts suggest closures will continue...
by Teuvo Tuomi | Oct 24, 2024 | China, Asia, Malaysia, Manufacturing, News, Vietnam
For the second time in a row, China ranks first in the Asia Manufacturing Index by Dezan Shira & Associates. China maintains its leadership despite significant shifts in its production landscape and traditional markets. The country’s industrial output remains...
by Teuvo Tuomi | Sep 9, 2024 | China, Economy, Investment, News
Restrictions on foreign investment in China’s manufacturing sector will be lifted with the release of the 2024 version of the “negative list” for foreign investment access, according to the National Development and Reform Commission (NDRC) and the...
by Teuvo Tuomi | Aug 31, 2024 | Vietnam, Economy, Manufacturing, News
The registration fee for Vietnamese-made cars will be cut by 50% for three months starting in September, according to the government. This is for a fourth straight year that the cut is being implemented, but every time in the past it was only for six months. The...
by Teuvo Tuomi | Jul 30, 2024 | Business, Economy, Exports, Indonesia, Manufacturing, News
Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan says the government has decided to designate the Batang Integrated Industrial Zone (KITB) as a special economic zone (SEZ). The KITB is set to benefit from certain incentives reserved for SEZs. “We...
