Indonesia’s National Car Project aims to produce 50,000 vehicles annually in Subang, expanding to 300,000 over time. Backed by the government, it seeks to boost economic resilience and technological independence. However, Indonesia faces stiff competition from Thailand’s EV efforts and Vietnam’s international market strategy, needing to pivot towards electric vehicles to succeed.
Tag: news
No Registration Costs Until 2030: Vietnam Bets Big on Electric Cars
Vietnam has extended the exemption of registration fees for electric vehicles until 2030, enhancing affordability for consumers and attracting international manufacturers. This strategic move supports the country’s environmental goals toward achieving net-zero emissions by 2050. However, experts urge additional measures, such as improving charging infrastructure and modernizing the electricity grid, for effective transition.
Vietnam Pushes Military Modernization Through Drone Warfare Initiative
Vietnam has established a new Department of Unmanned Vehicles within its military to enhance defense capabilities and readiness for modern warfare. Announced on June 11, the department will focus on organizing operations, ensuring safety, and developing unmanned technology. It aims to integrate high-tech solutions into military strategies for improved national security.
Vietnam’s Nuclear Future: Building the Human Capital for Long-Term Energy Security
Vietnam is focusing on its energy future by reviving the Ninh Thuan nuclear projects to diversify its energy sources. Success depends on developing a skilled domestic workforce proficient in nuclear technology. Approximately 4,000 trained personnel are needed by 2030, necessitating a specialized training program and strong international cooperation for lasting energy independence.
Thailand’s Energy Giants Announce Diesel Price Cuts to Ease Consumer Burden
Thailand’s PTT and Bangchak energy companies will reduce diesel prices starting June 11, with standard diesel dropping by 40 satang and premium diesel by one baht per liter. This decision aims to alleviate consumer fuel costs amidst fluctuating global oil prices and rising inflation, reflecting broader economic concerns.
Thailand’s TH‑AI Passport: A Billion‑Baht Leap Into the AI Future
The TH-AI Passport project by Thailand’s Ministry of Digital Economy aims to provide five million citizens free access to premium AI models for a year. Launched with a budget of 1.6 billion baht, the initiative intends to enhance digital literacy and bridge the digital divide, while also facing scrutiny over economic efficiency and reliance on foreign providers.
US Crab Ban Threatens Philippines’ ₱7-Billion Industry & Thousands of Jobs
The United States has banned imports of Philippine blue swimming crab meat due to non-compliance with the Marine Mammal Protection Act. This ban could cost the local industry ₱6 to ₱7 billion annually and displace thousands of workers. Alternative markets cannot compensate for the lost exports, causing financial strain on fishermen and processors.
First IKEA in Cebu, Philippines at Gatewalk Mall This December
Ayala Land Inc. will launch Ayala Malls Gatewalk in Mandaue City this December, featuring the region’s first IKEA store. This 56,000-square-meter complex will combine shopping, dining, and entertainment, enhancing Cebu’s retail landscape and supporting regional growth. It aims to create a new retail experience connected to a public transport hub.
Malaysia at the Center of Palm Oil Price Surge
The palm oil market is poised for significant price increases in the latter half of 2026 due to the anticipated El Niño phenomenon and growing biofuel demand. With Malaysia’s yields expected to drop and tight supply dynamics, analysts predict Malaysian Standard Palm Oil prices could average RM4,350 per tonne, benefiting local producers while raising costs for downstream industries.
Indonesia Youth Group Calls for Government Mitigation Measures Amid Pertamax Fuel Price Increase
The Indonesian Young Entrepreneurs Association (HIPMI) responded to rising Pertamax fuel prices, calling for government action to protect businesses and consumers. They highlighted the adverse effects on high-mobility industries and MSMEs. HIPMI recommended measures like improving logistics efficiency and targeted incentives to mitigate operational cost pressures and support economic growth.
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