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Shiseido opens a new factory in Fukuoka

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 Insights

11-Feb-19 Shiseido has decided to build a new production site, Shiseido Kyushu Fukuoka Factory, in Kurume City, Fukuoka, Japan. The new factory will mainly manufacture skincare products for Japan and overseas markets and will cost approximately JPY45 bn (USD407 mn). [image: Shiseido]

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Malaysian medical device market takes hit as manufacturing slumps

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 Insights

18-Jan-19 Malaysia’s reluctance to sign the Trans-Pacific Partnership has resulted in a sharp slowing of investment. Malaysia approved 15 medical-device manufacturing projects in Jan-Sep 2018 for USD160 mn, notably lower than the 25 projects in 2017 worth USD500 mn. [image: Singapore Business Review]

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Made in China moves to Indonesia

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 Insights

16-Jan-19 As wages in China have risen, many Hong Kong enterprises with manufacturing there have tried to cut costs and navigate the Sino-US trade dispute by taking production offshore to emerging economies such as Indonesia, India and Vietnam. [image: HKTDC]

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From bikes to phones, 'Made in Vietnam' grows with foreign help

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 Insights

13-Jan-19 Vietnamese companies are branching out into new areas, in line with the government's goal of establishing the country as a manufacturing powerhouse by 2020. Real-estate conglomerate Vingroup has started manufacturing e-motorbikes, smartphones and is set to enter the car industry. [image: Nikkei Asian Review]

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