Stamford Tyres Opens Charity Thrift Shop Above Jurong Flagship Store
Executive chairman Dawn Wee channels four decades of business success into a curated secondhand shop where every dollar supports artists with disabilities
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Executive chairman Dawn Wee channels four decades of business success into a curated secondhand shop where every dollar supports artists with disabilities

The denial comes as tech firms across Asia weigh manufacturing footprints amid geopolitical uncertainty

Manufacturing rebound marks the strongest monthly gain in six years, driven by surging production in semiconductors and automobiles as facility investment accelerates

Japan's largest automaker saw global sales slip 1.1% in June to 926,688 units, marking the longest losing streak in recent quarters

A 7.1-magnitude earthquake disrupted automotive and semiconductor operations across a region that supplies two-fifths of Japan's industrial output, forcing Toyota to suspend three plants and TSMC to evacuate its Kumamoto fab.

The country sold nearly 116,000 battery electric vehicles in the first half of 2026, outpacing Thailand and Indonesia as regional governments deploy tax incentives to reshape automotive markets.

Industry data shows 939,528 motorcycles sold in the first half of 2026, with automatic models capturing nearly 70 percent of the market as commuters prioritize fuel efficiency.

Indian automakers outpace Tesla and BYD in energy consumption metrics, though challenges in charging speed and range persist

Chinese automaker debuts Racco electric kei car in Tokyo, entering a segment dominated by domestic manufacturers

The German luxury carmaker will eliminate one-fifth of its workforce by 2035 as parent Volkswagen restructures amid weak demand and intensifying competition from Chinese rivals.

Higher borrowing costs dampen new-car demand, but electrification and urban expansion signal structural transformation ahead

The Malaysian automaker's electric vehicle lineup has sold 20,000 units since launch, led by its e.MAS 5 model accounting for over 60 percent of deliveries

Automakers, power grid operators, and appliance manufacturers accelerate material substitution in response to sustained commodity cost pressure

A quality dispute involving GAC Aion and CALB highlights the structural challenges facing carmakers trying to diversify their battery supply chains

The Seoul-based automaker saw operating profit decline 4.9 percent in Q2 despite hybrid and EV demand pushing revenue to an all-time high.

Electrified vehicles captured nearly 15% of total market share in first half, with battery and plug-in hybrid segments posting triple-digit growth despite broader industry decline

South Korea's first major auto labor deal of the year sets a baseline as unions across the sector prepare for annual negotiations

South Korea's largest automaker posted $1.94 billion in second-quarter operating profit despite hitting record quarterly revenue, as supply chain pressures offset strong hybrid sales

RHB Research upgrades 2026 outlook by 3.2% as new launches and resilient economy drive vehicle demand, though caution remains on replacement cycle fatigue

Certificate of Entitlement premiums ease in latest tender, but industry players expect sustained demand to keep prices elevated near peak levels

National brands now command 67 percent market share, driven by surging SUV and electric vehicle adoption across the first half