The Thai Ministry of Industry will review the certification standards for steel manufactured via the IF process, a method known for its limitations in removing impurities from molten steel and higher levels of dust and toxic gas emissions compared to more modern methods.
The Thai Ministry of Industry has put forward a five-point strategy to support domestic small- and medium-sized enterprises (SMEs) in adjusting to global industrial trends in the new era that focuses on using clean energy and having high-skilled labour.
Indonesia's Ministry of Industry is striving to accelerate the growth of the battery-based electric motorised vehicle (KBLBB) ecosystem to reduce fuel consumption, according to the ministry's Secretary General Dody Widodo.
Indonesia is aiming to manufacture 1.6 million cars this year, higher than the 1.5 million units recorded in 2022, according to the country's Ministry of Industry.
Thailand's industrial output further declined more than expected in December 2022, as a global slowdown hit demand for Thai exports, according to the Ministry of Industry.
Thailand’s Ministry of Industry has projected up to 3.5 percent economic growth for the industrial sector, citing government stimulus measures and recovering export markets. However, high fuel costs and new Omicron coronavirus variant remain key challenges going forward.
Thailand’s Ministry of Industry plans to launch a digital platform and big data system to facilitate the industrial sector and smooth the government’s ease of doing business next year.
The Indonesian government, through the Investment Coordinating Board (BKPM) and the Ministry of Industry, is working to attract companies relocating their operation from China due to trade tension with the US, according to BKPM Chairman Thomas Lembong.