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Manufacturing Sector to Invest 122 Trillion Won in New Facilities

Monday, December 01, 2025

The industry ministry reported that ten significant manufacturing sectors are projected to invest a total of 122 trillion won in facilities this year, driven by the semiconductor industry's growth and the automotive industry's effort...


IIT Madras, Japanese Firms Set Up AI-Driven Manufacturing Centre

Thursday, November 27, 2025

Japanese firms alfaTKG Co Ltd and OHKUMA IND Co Ltd have inked a memorandum of understanding with Advanced Manufacturing Technology Development Centre (AMTDC) to create a collaborative research center for paperless manufacturing...

Iran Hikes Petrol Prices for Major Consumers

Thursday, November 27, 2025

Iran has set increased prices at petrol stations for drivers who consume over 160 liters monthly, according to state media. The choice occurs in response to demands to reduce fuel subsidies in the nation, which offers the cheapest petrol globally,

Chinese, Vietnamese Firms Plan Java Shift, 120k Jobs Seen

Thursday, November 27, 2025

The National Economic Council (DEN) has disclosed that 27 labor-intensive manufacturing firms from China and Vietnam ‒ primarily in clothing and footwear ‒ are ready to relocate production to Java, largely influenced by the import tariff differences.

Kazakhstan, UAE Deepen Ties as Investment & Tech Grow

Wednesday, November 26, 2025

Kazakhstan and the United Arab Emirates (UAE) significantly deepened their strategic partnership at the meeting of the tenth Kazakhstan-UAE Intergovernmental Commission in Almaty on November 25, 2025, alongside the sixth round of political...


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