Apple To Look At Manufacturing In Indonesia
Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on 17 April 2024.
Implications For Automakers After Baltimore Bridge Collapse
A Singapore-flagged container vessel, Dali took down most of Francis Scott Key Bridge in Baltimore. A route diversion (to other East Coast ports) may spell more challenges for automakers.
Southeast Asia Smartphone Market’s Top Position Owned By Samsung
Southeast Asia smartphone market had Samsung take top spot in January after losing its spot in end 2023, despite increasing popularity of Chinese brands, according to Canalys.
Metal Prices To Ease With Softening Demand According To World Bank
Metal prices according to World Bank’s Metals and Minerals Price Index experienced a slight decrease of 0.13% in 2023Q4 (q/q), continuing steady declines from early 2022. It is attributed to slowing economic activity in major economies, dampened demand amid continued supply recoveries for some base metals.
Asia Has Officially Caught Up In The EV Race
Not only Tesla has been dethroned as the world’s best selling electric vehicle (EV) manufacturer by BYD, other Asian nations are further pushing Tesla down the scoreboard.
Indonesia Prepares Ethics Guidance For AI Developers: Draft
Indonesia has drafted ethics guidance for developers using artificial intelligence (AI) to prevent potential misuse of the new technology, a ministerial draft showed.
China Might Just Be ASEAN’s Cash Cow With Outward Direct Investments (ODI)
A research paper by Development Bank Of Singapore (DBS) revealed ASEAN has enjoyed an influx of outward direct investments (ODI) from China. Other data revealed a very telling picture detailing the level of investment interests.
Malaysia Hardest Hit With ASEAN Manufacturing Activity Slows Further In October
Indonesia and the Philippines were the only nations registering improving conditions last month, and Malaysia was the hardest hit.
