rhk111's Channel

RE: Japanese Automaker Toyota investing $283 million to expand Operations in Vietnam, but Thailand to remain as their Regional Hub

The famous Japanese Automobile Manufacturer “Toyota Motor Corporation (TMC)” announced recently that it is investing $283 million to expand and modernize its Operations in the Province of Phu Tho in Vietnam, and will include the construction of a Paint Shop and a Stamping Plant.

The construction of these two brand new Facilities is set to begin next Year in 2027 and will be completed two Years later by 2029. Toyota’s Vietnam Operations sits on 28.6 hectares of Land and will be able to produce up to 52,000 Automobiles per Year.

The Facilities will produce various Types of Automobiles including Electric Vehicles (EV) and their Parts, provide Warranty and Repair Services, and also import complete Automobiles into the Vietnamese Market.

Meanwhile, Thailand will continue to be TMC's main Base of Operations for the South East Asian (SEA) Region, with three Factories there capable of producing a maximum of up to 770,000 Vehicles per Year. Last Year of 2025, Toyota Thailand produced 564,933 Vehicles in 2025, of which 358,135 were exported to other Countries.

SOURCE: www.nationthailand.com/business/automobile/4007051…

#japan #toyotamotorcorporation #tmc #vietnam #phutho #thailand #southeastasia #regionalhub #electricvehicle #ev

2 days ago | [YT] | 1

rhk111's Channel

RE: Philippine Peso for the first time falls down a record-low ₱62 per Dollar, this happening under the BBM Administration

For the first time in its entire History as a Republic, the Currency of the Philippines, the Philippine Peso broke through the ₱62 per United States (US) Dollar mark recently, and this happened under the current Administration of Bong Bong Marcos (BBM).

The Peso fell down to as low as ₱62.25, even lower than the ₱61.995 earlier this Month of August of 2026. The lower Value of the Peso is now threatening to increase further the Country's Trade Deficit as it imports almost all of its Oil needs.

The Peso's decline was traced to the Philippines' larger than expected Trade Deficit and higher Oil Prices. The Trade Deficit for July 2026 was at $5.97 billion, which was higher than the $5.15 billion that the Economists had previously estimated it was going to be before.

This recent Decline also makes the Peso one of the worst-performing Currencies in the entire Asian Region. Note that the Peso never went down this low even during the Corona Virus Disease 2019 (Covid-19) Pandemic that happened in the Administration of former President Rodrigo Duterte.

SOURCE: theedgemalaysia.com/node/816094

#philippines #peso #bongbongmarcos #bbm #usdollar #unitedstates #tradedeficit #oilprices #coronavirusdisease2019 #covid19 #rodrigoduterte

3 days ago | [YT] | 3

rhk111's Channel

RE: Malaysia received $54 billion of Approved Investments in the First Half of 2026 that will create up to 99,030 new Jobs

The Malaysian Investment Development Authority (MIDA) recently reported that for the first half of this Year of 2026 alone, or from January to June, they had already approved around $54 billion worth of Investments.

This is up by around 11.7% from $48.4 billion for the same Period last Year of 2025. These approved Investments consists of around 2,746 Projects which is expected to create up to 99,030 new Jobs for the Malaysian People.

The United States (US) contributed the most among the Foreign Investments for these Projects with $8.2 billion, followed by Singapore with $6.4 billion, Japan with $5.5 billion and China with $4 billion.

The Investments were in the Areas of Data Centers, Cloud Computing, Food Manufacturing, Fabricated Metal and Plastic Products, Transport Equipment and Electrical and Electronics.

SOURCE: www.thestar.com.my/business/business-news/2026/08/…

#malaysia #approvedinvestments #malaysianinvestmentdevelopmentauthority #mida #unitedstates #singapore #japan #china #datacenters #cloudcomputing #foodmanufacturing #fabricatedmetal #plasticproducts #transportequipment #electricalandelectronics

5 days ago | [YT] | 3

rhk111's Channel

RE: Another International Institution, the Singapore-based AMRO revises its Growth Forecast for the Philippine Economy down to 3.4%

Just another in the long line of Institutions that are revising down their forecast of the Growth of the Philippine Economy or Gross Domestic Product (GDP) for this Year of 2026, this time it is the Singapore-based International Institution called "ASEAN+3 Macroeconomic Research Office (AMRO)" which revised its forecast downt to only 3.4%

This is only around half of the Philippine Government's initial Forecast of 6%. Last July 2026, AMRO previously forecasted it would around 4.1%. AMRO said that their lower forecast is due to weaker Private Household Consumption, higher Inflation and lower Investments into the Country.

SOURCE: mb.com.ph/2026/08/27/amro-cuts-philippine-growth-o…

#philippines #singapore #amro #aseanplus3macroeconomicresearchoffice #grossdomesticproduct #gdp

6 days ago | [YT] | 4

rhk111's Channel

RE: One of the biggest Silicon Manufacturer in the World, Tokuyama Corporation is putting new Factories in Vietnam and Malaysia

One of the largest Manufacturer of Silicon in the World right now, the Japanese Company Tokuyama Corporation is adding new Factories outside of Japan in Vietnam and Malaysia. The Company produces Polysilicon which is a Critical Component in the manufacture of Electronic Products.

They recently inaugurated a $60 million Factory in Ho Chi Minh City in Vietnam which is expected to start Operations by next Year of 2027. Once operational, the Factory will be able to produce as much as 4,000 tons of Polysilicon per Year.

They are also expected to finish by next Year a bigger Facility in Malaysia which is worth $300 million. Both these overseas Factories will be crucial in the coming Years as Tokuyama expects the Demand for their Products to continue to rise, and they are already planning to expand the capacities of both Plants at a later Date.

SOURCE: www.thedailystar.net/business/global-economy/news/…

#tokuyamacorporation #vietnam #malaysia #hochiminh #silicon #polysilicon

1 week ago | [YT] | 0

rhk111's Channel

RE: Philippines once taught Vietnam how to build Economic Zones, but now Vietnam has already surpassed them Economically

The Philippines back in the 1990s was seen as a Regional Model for attracting Export-oriented Manufacturing, and even helped Vietnam in Terms of developing specialized Economic Areas or Zones. But now, more than three Decades later, Vietnam has already overtaken the Philippines as a Manufacturing Hub, with Filipino Workers and Managers among those helping operate its Factories.

The Philippines still imports a lot more goods than it exports, importing approximately four Containers worth of Goods for each and every Container it exports. This makes the Country heavily dependent on Foreign Products, Capital and Energy.

SOURCE: gulfnews.com/business/markets/the-philippines-taug…

#philippines #vietnam #economiczone #manufacturinghub

1 week ago | [YT] | 0

rhk111's Channel

RE: Apple Product Manufacturer Foxconn to invest $265 million more in Vietnam, increasing their Total Investments there to $5 billion

The Taiwanese Technology Company Foxconn Technology Group, better known as the Manufacturer of various Apple Incorporated Products, will be investing an additional $265 million in its Manufacturing Operations in Vietnam as Part of its Long-term Investment Strategy.

The additional Investment will push up the Company's total Investments to its Operations in Vietnam to $5 billion. These new Investments will come in the form of buying more Shares among its existing Companies in Vietnam which are producing Electronic and Electric Vehicle (EV) Products.

Two of these Investments will be to gain controlling Stakes in two Companies while a third Investment will be to increase its existing Shares in a Company.

SOURCE: en.vneconomy.vn/total-investment-in-vietnam-by-fox…

#appleincorporated #foxconntechnologygroup #vietnam #electricvehicle #electronicproducts

1 week ago | [YT] | 0

rhk111's Channel

RE: Malaysian Prime Minister Anwar Ibrahim cites US & Philippine Military Bases in Balabac Island as a major Security Issue for Sabah

No less than the Prime Minister of Malaysia, Anwar Ibrahim, recently highlighted as a major Security Issue the development of a major Military Base by the Philippines and the United States (US) on Balabac Island.

The Island is only 20 minutes away from Malaysia's own Banggi Island, and also near Sabah, which is currently under Malaysian Territory but also has been claimed by the Philippines before.

Due to this, Anwar said there is a need to strengthen the Malaysian Armed Forces' Defence Capabilities in Sabah, although he says they don't have the Resources to develop the Military and Air Bases there to the same Scale or Level as that of on Balabac Island.

SOURCE: www.nst.com.my/news/nation/2026/08/1514024/anwar-s…

#malaysia #anwaribrahim #philippines #balabacisland #unitedstates #banggiisland

1 week ago | [YT] | 0

rhk111's Channel

RE: American Company “Intuitive Surgical, Inc.” to put up a 29,357 square meter Surgery Robot Factory in Malaysia

The American Company, "Intuitive Surgical, Incorporated", a Global Technology Leader in minimally Invasive Care and a Pioneer in Robotic Assisted Surgery (RAS), is putting up a Factory in Penang, Malaysia.

The Factory will start its Operations in 2028 and is expected to provide up to 1,200 highly skilled Jobs by 2032. It will have a total Area of 29,357 square meters and will produce Surgical Instruments and Electromechanical Devices such as its "Da Vinci Surgical System" Line of Products.

The Company's Robotic Systems have allowed Surgeons to treat around 2.5 million Patients already in the last two Decades. Their Presence in Malaysia will help that Country establish its Reputation as the leading Medical Technology Hub in South East Asia (SEA).

SOURCE: biopharmaapac.com/news/54/8333/intuitive-to-establ…

#malaysia #intuitivesurgicalincorporated #roboticsurgeon #unitedstates #roboticassistedtechnology #penang #davinci #medicaltechnologyhub #southeastasia

1 week ago | [YT] | 2

rhk111's Channel

RE: Malaysia’s Economy grew by 6% from April to June 2026, compared to only 2.3% for the Philippines

The Central Bank of Malaysia, called the "Bank Negara Malaysia (BNM)" recently reported that their Country's Economy or Gross Domestic Product (GDP) grew by 6% in the second Quarter of this Year of 2026, or from April to June.

The Bank said this is due to the steady Growth in Household Income among Malaysians, while Investments continued to grow due to the continued spending on Infrastructure, Machinery and Equipment. Exports for Electronics, Services, Liquefied Natural Gas and Manufacturing Products also showed steady growth.

Inflation in the same Period increased, but only very slightly to 1.9% compared to 1.6% in first Quarter, and much lower than the 2.1% in the fourth Quarter of last Year of 2025.

In contrast, the Philippine Economy only grew by almost a third that of Malaysia's at 2.3% for the same Period, while the Philippines' Inflation Rate grew by more than twice at 4.8%.

SOURCE: www.freemalaysiatoday.com/category/nation/2026/08/…

#malaysia #philippines #centralbank #banknegaramalaysia #bnm #grossdomesticproduct #gdp #inflationrate

1 week ago | [YT] | 0