Malaysia eyes ASEAN's electric vehicle hub crown

Hyundai Motor will open its first plant in Kedah state, Malaysia next year with an investment valued at 500 million USD, the Malaysian Government has announced.

The deal was reached during Malaysian Prime Minister Anwar Ibrahim’s official visit to the Republic of Korea (RoK) from November 24-26.

Illustrative image (Photo: Internet)
Illustrative image (Photo: Internet)

Welcoming the project, the Malaysian PM said he would ensure an attractive investment climate for automotive assembly, especially for EV models that will surely make Malaysia an automotive production hub for the ASEAN market.

Hyundai’s investment, spanning energy-efficient and electric vehicles, would help strengthen Malaysia’s automotive ecosystem, he added.

The Malaysian plant will be Hyundai’s second in Southeast Asia after it opened a factory in Indonesia in 2022, with an annual capacity of up to 250,000 units, including for its Kona Electric SUV model./.

World

Japan strengthens commitment to Southeast Asia
World

Japan strengthens commitment to Southeast Asia

Japanese Prime Minister Shigeru Ishiba on January 10 met with his Malaysian counterpart Anwar Ibrahim during his visit to the Southeast Asian country, pledging to enhance cooperation in addressing urgent regional and international challenges, including tensions in the East Sea, the Middle East, and the ongoing crisis in Myanmar.

Thai PM calls for extra efforts to address PM2.5 air pollution
World

Thai PM calls for extra efforts to address PM2.5 air pollution

Thai Prime Minister Paetongtarn Shinawatra has instructed ministries and departments to accelerate efforts to tackle PM2.5 air pollution, particularly through halting the purchase of burnt sugarcane, cracking down on vehicles that emit smoke, and strictly controlling construction sites.

Indonesia confirms cases of HMPV
World

Indonesia confirms cases of HMPV

Indonesian Minister of Health Budi Gunadi Sadikin on January 7 confirmed the detection of cases of Human Metapneumovirus (HMPV) in the country, but assured the public that the disease is not dangerous.

RoK pins high hope on FTA with Philippines
World

RoK pins high hope on FTA with Philippines

The Republic of Korea (RoK)'s Minister of of Trade, Industry and Energy Cheong In-kyo on December 26 said that the RoK-Philippines free trade agreement (FTA), set to take effect next week, will help the country further bolster its trade portfolio and contribute to maintaining a stable supply chain.