Japan’s Machine Tool Orders in January 2025 Drop Below 120 Billion Yen
JMTBA reported that total machine tool orders in January 2025 amounted to 116.15 billion yen (USD 775.04 million), marking an 18.8% decrease from December 2024.
Japan's Support for Medium-Sized Enterprises: Empowering Local Economies
In 2024, the Japanese government designated it as the "first year of medium-sized enterprises," intending to boost support, investment, and wage hikes for this vital sector.
Thailand & Japan Unite for Green Industry! Launch Sustainable Business Desk to Drive Carbon Neutrality
Thailand & Japan Unite for Green Industry! Launch Sustainable Business Desk to Drive Carbon Neutrality
Japanese Firms Scale Back China Expansion to 21%
Japanese companies are “expanding” into China at a rate of just 21% due to sluggish domestic demand and U.S. sanctions, according to a JETRO survey.
Car Production in August 2023 totaled 150,657 units
The August production reached at 150,657 units, decreased 12.27% (YoY). The production number of this year totaled 1,221,878 units, rising 3.13%.
Thailand’s Auto Production Drops 13.62% in Feb 2025 – Pickup Trucks Plunge 42.10%, Exports Down 9.48%
Thailand’s total vehicle production in February 2025 reached 115,487 units, a decline of 13.62% compared to February 2024. This decrease was primarily driven by a 21.26% drop in do…
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Mitsubishi Motors Partners with Foxconn to Launch EVs in Australia and New Zealand
Mitsubishi Motors will collaborate with Foxconn to introduce the Model B electric SUV in Australia and New Zealand by 2026. The partnership aims to reduce development costs and str…
Major Investment Projects: TikTok and Siam AI Kick Off Investments in Thailand in 2025
Thailand BOI Approves Investments Worth A Total of US$5 Billion, Including TikTok’s Data Hosting Project.
GWM Makes History as the First Chinese OEM to Mass-Produce EV Overseas
GWM achieves a groundbreaking milestone as the GWM Ora 03, also known as the GWM Ora Good Cat, rolls off the production line at the GWM Rayong factory in Thailand.
14 Years of R&D Growth of Japanese Companies - Toyota Tops with 1.24 Trillion Yen
R&D spending has risen continuously for 14 years, with Toyota leading at 1.24 trillion yen. A study of 154 companies revealed a 6.8% increase in fiscal 2023 compared to the previou…
Japan Machine Tool Orders Expected to Increase by Only 1% in 2024
Japan machine tool orders in 2024 are anticipated to reach 1.5 trillion yen, marking the first increase in two years, though with a modest 0.9% rise from 2023.
Introducing BOI Consulting Service
BOI Consulting Service is designed to assist you in obtaining investment promotion from the Board of Investment (BOI). Our comprehensive services include evaluation, document prepa…
Japan's Construction Industry Embraces Wood for a Sustainable and Carbon-Neutral Future
CLT is fireproof, earthquake-resistant, and highly durable, contributing to decarbonization. The use of wooden construction and wood-based buildings is rising in the non-residentia…
Japan Machine Tool Orders Surge in September 2023, Reaching Five-Month High
The Japan Machine Tool Builders' Association (JMTBA) reported that the global orders for Japan machine tools in September 2023 totaled 133.94 billion yen (895 million USD), marking…
Car Production in July 2023 totaled 149,709 units
The July production reached at 149,709 units, increased 4.72% (YoY). The production number of this year totaled 1,071,221 units, rising 0.66%.
Tsukuba University Unveils 2027 Industry Hub for Drone and Self-Driving Facilities, with 15 Billion Yen Investment
Tsukuba University is launching a 2027 collaboration hub with a 15 billion yen investment. This initiative is for drone and self-driving car trials, plus a facility for 20 partner …
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Suzuki Restructures India Strategy with 1.2 Trillion Yen Investment, Expanding into the Middle East and Africa
Suzuki Motor Corporation has unveiled a new mid-term business plan, focusing on restructuring its operations in India—its most crucial market—to drive growth.
Samut Prakan Leads with the Highest Number of Industrial Factories in September 2024
New factories were licensed in September 2024, totaled 257 factories. Samut Prakan was the province where 53 new factories opened, the largest number with the total capital of 3,…
Japan Machine Tool Orders: March 2024
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japan machine tools in March 2024 amounted to 136.65 billion yen ($886.77 million), an increas…
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Gartner Forecasts Worldwide GenAI Spending to Reach $644 Billion in 2025
Global GenAI spending is expected to reach $ 644.4 billion in 2025, according to Gartner, which increased 76.4% from last year. CIO is preparing to cope with this growth. From deve…
