Trending News: Vietnam’s seafood exports continue recoveryElderly Man Killed By Falling Tree At CampsiteMalaysians Creating Waves At International Oncology CongressBuilding Up World’s Iconic Landmarks, Eversendai Is Pride Of Malaysia – NantaGISBH Case: King Decrees PDRM To Conduct Comprehensive ProbeMinistry To Appoint YSS Volunteer Alumni As Unity AgentsNurse Pleads Not Guilty To Causing Baby’s DeathComprehensive Preparations Needed Before Malaysia Assumes Role of ASEAN 2025 Chairman – Anwar10 Langkawi-Kuala Kedah-Langkawi Ferry Trips Cancelled Due To High WavesHums Will Improve Quality Of Medical Education, Training And Services – ZambryOp Global: Victims Found To Suffer From Physical And Emotional AbuseBudget 2025: Federal Government To Focus On Inflation Stabilisation – FadillahOp Global: Police To Submit Three Investigation Papers To AGC – IGPAnwar Reiterates M’sia’s Commitment To Achieving 2030 Agenda For Sustainable DevelopmentUnwind and Revitalise in the Urban Wellness Paradise of Hong Kong This AutumnMersing Scientific Expedition On Biodiversity To Stimulate Johor Ecotourism – LingBest’s Market Segment Report: Am Best Revises Outlook On Taiwan’s Non-life Insurance Segment To StableAgrobank Aquaculture Aspire Programme To Involve PMVA, PPKI Students NationwideOnline Ticketing System Being Developed To Ease Congestion At Johor Zoo – ExcoRemand Extended For Three Women In Child Exploitation CaseThe Processing Industry In Jingxi City, Guangxi Promoted To Drive Local Economic GrowthFederal Govt To Launch 23 New Affordable Housing Projects Nationwide Under 12th MPSCF Acquires Newpark Fluids SystemsKedah JBPM Prepares For Worsening Flood Situation, Freezes LeaveAKPK: Empowering The People Towards Financial FreedomNo Reports Of Homes Under LPHS Have Been Purchased By GISBH – Selangor ExcoBursa Malaysia Maintains Uptrend At Mid-morning, Glove Counters Among Top GainersNanta: Works Ministry Holds Discussion With Salik Company On Use Of MLFF Toll SystemMOH Detects New Case Of MpoxPara SUKMA: Kelantan Hoping For Favourable Gold Medal Harvest From Athletics And WeightliftingEIG’s MidOcean Energy to Acquire Additional 15% Interest in Peru LNG from Hunt Oil CompanyHeavy Rain Triggers Flooding In Nibong Tebal, Authorities On StandbyOver 23,000 Malaysians Enter Thailand Via Perlis Border CheckpointsFindings On GISBH’s Alleged Deviant Practices Should Be Presented To Selangor Fatwa Committee – MAISPETRONAS Innovation Garage Nurtures Employee-driven Start-ups, Connects Them To Potential Partners And InvestorsPARA Sukma: 25 RapidKL Buses Arrive In Sarawak To Provide Transportation For Para AthletesFlood In Kubang Pasu: 53 Residents EvacuatedPM Anwar Mourns The Loss Of Former BNM Governor Tan Sri Ahmad Mohd DonFBM KLCI Rises 0.17 Pct In Early TradeArmizan: JPH Agrees To Integrated Maize Grain Development Initiative For Sabah, SarawakAkur8 Secures $120 Million In Series C Round To Accelerate Growth Of Its Next Generation Actuarial PlatformSabah Fire Dept Receives 20 Emergency Calls On Fallen Trees Since YesterdayRisk Of Bankruptcy: Don’t Easily Trust Anyone, Even Those Closest To YouFBM KLCI Futures Post Early Gains1MDB’s Ex- CEO Arul Kanda Clueless On Company’s ‘Investments’ – Tony PuaMahkota By-election: PH Steps Up Campaign To Raise Voter AwarenessMelaka Will Not Compromise Heretical Teachings – Ab RaufPETRONAS Wraps Up Its Digital Acceleration Programme For 2024 With Inaugural Cohort In The Northern RegionBody Of Security Guard Found In Car Boot In Sabak BernamRinggit Opens Stronger Vs Greenback Amid Hopes Of US Rate Cuts11x Secures $24 Million Series A Funding Led By Benchmark To Create The Future Of Digital WorkShingles May Cause Long-Term Pain In Older People – ExpertThunderstorms, Strong Winds Warning For Several StatesPutra Business School Joins Forces With Royal Selangor Yacht Club To Tackle Klang River PollutionMalaysia Day A Time For Unity And Reflection – Lee Lam ThyeNIQ Unveils Groundbreaking AI Tools for CPG Brands at FastCompany Innovation Festival 2024 Providing Human-Powered Insights at the Speed of AIIlocos Region provinces receive 27 new ambulances from DOHKing Receives Courtesy Call From Former Indonesian Vice President Jusuf KallaPhilHealth to address urgent issues in collection, payment systemsMahkota By-election: BN Candidate’s Key Focus To Strengthen ‘Maju Johor’ ConceptDOLE: Job fair for 19K displaced POGO workers set Oct. 10KSN Calls For Efficiency Improvements At Sabah JIM, JPNDOLE programs benefit over 4K youth, students in CaragaTree Falls On Five Vehicles In Genting HighlandsDOLE-Eastern Visayas pays over P632M under TUPADFive More Cults And Their Teachings Being Gazetted As Deviant – Melaka MuftiPEZA OKs nearly P7-B projects in AugustZakaria Shaaban Appointed As New Immigration Dg, Ruslin To Head AADKBuCor to craft GCTA plan for heinous crime convictsGold Futures Hold Steady Ahead Of FOMC MeetingDavao City to watershed illegal settlers: Leave or face evictionFlood Worsens In Kedah; Over 600 EvacuatedPRO-11 eyes sedition raps vs. KOJC members over rowdy rallyFBM KLCI Futures End Higher In Line With Cash MarketBTr fully awards Treasury bondsMalaysia Achieves 43 Pct Of SDG Indicators, Far Beyond The World Average – PM Anwar591K beneficiaries get P3.5-B TUPAD aid in Davao RegionNearly 200 Reports Of Uprooted Trees Recorded In Penang Since Sunday – ChowDOLE-W. Visayas programs provide P2.76-B aid under PBBMKUSKOP Targets RM80 Mln Investment In MIHAS 2024DSWD-Bicol disburses over P90-M cash aid on PBBM’s birthday24 Victims Trapped In Floods In Bukit Kayu Hitam RescuedBattle to ban TikTok in US gets underway in federal courtRevitalise Mind, Body And Soul In Hong Kong This AutumnSual mayor denies romantic, business links with Alice GuoBursa Malaysia Ends Morning Session HigherDAR: P10-B available for ARBs under LandBank’s new lending programConcrete Action Needed In Every Parliamentary Constituency To Achieve SDG Goals – SERIP30-B upfront payment on NAIA deal bolsters gov’t revenuesLarge Waves Hit Penang Coast, Public Warned To Stay AwayPBBM OKs P7.9-B for immunization drive; Bakuna Eskuwela set Oct. 7Perak Aims To Become Major Global Halal Gelatine Industry Player4.3K people evacuated as ‘Gener’ causes floods in BicolCPO Futures End Lower For Third Consecutive Trading DayAustralian scientist develops new cancer screening testOver 55 Israeli evacuation orders cover more than 85% of Gaza: UNDeath toll in Sudan cholera outbreak reaches 315China Open 2024: Three Malaysian Men’s Doubles Pairs Advance To Second Round‘Gener’ to exit PAR within 24 hoursMITRA To Open Applications For PPSMI 2025 Grants On Oct 15
Thu. Sep 19th, 2024
Trending News: Vietnam’s seafood exports continue recoveryElderly Man Killed By Falling Tree At CampsiteMalaysians Creating Waves At International Oncology CongressBuilding Up World’s Iconic Landmarks, Eversendai Is Pride Of Malaysia – NantaGISBH Case: King Decrees PDRM To Conduct Comprehensive ProbeMinistry To Appoint YSS Volunteer Alumni As Unity AgentsNurse Pleads Not Guilty To Causing Baby’s DeathComprehensive Preparations Needed Before Malaysia Assumes Role of ASEAN 2025 Chairman – Anwar10 Langkawi-Kuala Kedah-Langkawi Ferry Trips Cancelled Due To High WavesHums Will Improve Quality Of Medical Education, Training And Services – ZambryOp Global: Victims Found To Suffer From Physical And Emotional AbuseBudget 2025: Federal Government To Focus On Inflation Stabilisation – FadillahOp Global: Police To Submit Three Investigation Papers To AGC – IGPAnwar Reiterates M’sia’s Commitment To Achieving 2030 Agenda For Sustainable DevelopmentUnwind and Revitalise in the Urban Wellness Paradise of Hong Kong This AutumnMersing Scientific Expedition On Biodiversity To Stimulate Johor Ecotourism – LingBest’s Market Segment Report: Am Best Revises Outlook On Taiwan’s Non-life Insurance Segment To StableAgrobank Aquaculture Aspire Programme To Involve PMVA, PPKI Students NationwideOnline Ticketing System Being Developed To Ease Congestion At Johor Zoo – ExcoRemand Extended For Three Women In Child Exploitation CaseThe Processing Industry In Jingxi City, Guangxi Promoted To Drive Local Economic GrowthFederal Govt To Launch 23 New Affordable Housing Projects Nationwide Under 12th MPSCF Acquires Newpark Fluids SystemsKedah JBPM Prepares For Worsening Flood Situation, Freezes LeaveAKPK: Empowering The People Towards Financial FreedomNo Reports Of Homes Under LPHS Have Been Purchased By GISBH – Selangor ExcoBursa Malaysia Maintains Uptrend At Mid-morning, Glove Counters Among Top GainersNanta: Works Ministry Holds Discussion With Salik Company On Use Of MLFF Toll SystemMOH Detects New Case Of MpoxPara SUKMA: Kelantan Hoping For Favourable Gold Medal Harvest From Athletics And WeightliftingEIG’s MidOcean Energy to Acquire Additional 15% Interest in Peru LNG from Hunt Oil CompanyHeavy Rain Triggers Flooding In Nibong Tebal, Authorities On StandbyOver 23,000 Malaysians Enter Thailand Via Perlis Border CheckpointsFindings On GISBH’s Alleged Deviant Practices Should Be Presented To Selangor Fatwa Committee – MAISPETRONAS Innovation Garage Nurtures Employee-driven Start-ups, Connects Them To Potential Partners And InvestorsPARA Sukma: 25 RapidKL Buses Arrive In Sarawak To Provide Transportation For Para AthletesFlood In Kubang Pasu: 53 Residents EvacuatedPM Anwar Mourns The Loss Of Former BNM Governor Tan Sri Ahmad Mohd DonFBM KLCI Rises 0.17 Pct In Early TradeArmizan: JPH Agrees To Integrated Maize Grain Development Initiative For Sabah, SarawakAkur8 Secures $120 Million In Series C Round To Accelerate Growth Of Its Next Generation Actuarial PlatformSabah Fire Dept Receives 20 Emergency Calls On Fallen Trees Since YesterdayRisk Of Bankruptcy: Don’t Easily Trust Anyone, Even Those Closest To YouFBM KLCI Futures Post Early Gains1MDB’s Ex- CEO Arul Kanda Clueless On Company’s ‘Investments’ – Tony PuaMahkota By-election: PH Steps Up Campaign To Raise Voter AwarenessMelaka Will Not Compromise Heretical Teachings – Ab RaufPETRONAS Wraps Up Its Digital Acceleration Programme For 2024 With Inaugural Cohort In The Northern RegionBody Of Security Guard Found In Car Boot In Sabak BernamRinggit Opens Stronger Vs Greenback Amid Hopes Of US Rate Cuts11x Secures $24 Million Series A Funding Led By Benchmark To Create The Future Of Digital WorkShingles May Cause Long-Term Pain In Older People – ExpertThunderstorms, Strong Winds Warning For Several StatesPutra Business School Joins Forces With Royal Selangor Yacht Club To Tackle Klang River PollutionMalaysia Day A Time For Unity And Reflection – Lee Lam ThyeNIQ Unveils Groundbreaking AI Tools for CPG Brands at FastCompany Innovation Festival 2024 Providing Human-Powered Insights at the Speed of AIIlocos Region provinces receive 27 new ambulances from DOHKing Receives Courtesy Call From Former Indonesian Vice President Jusuf KallaPhilHealth to address urgent issues in collection, payment systemsMahkota By-election: BN Candidate’s Key Focus To Strengthen ‘Maju Johor’ ConceptDOLE: Job fair for 19K displaced POGO workers set Oct. 10KSN Calls For Efficiency Improvements At Sabah JIM, JPNDOLE programs benefit over 4K youth, students in CaragaTree Falls On Five Vehicles In Genting HighlandsDOLE-Eastern Visayas pays over P632M under TUPADFive More Cults And Their Teachings Being Gazetted As Deviant – Melaka MuftiPEZA OKs nearly P7-B projects in AugustZakaria Shaaban Appointed As New Immigration Dg, Ruslin To Head AADKBuCor to craft GCTA plan for heinous crime convictsGold Futures Hold Steady Ahead Of FOMC MeetingDavao City to watershed illegal settlers: Leave or face evictionFlood Worsens In Kedah; Over 600 EvacuatedPRO-11 eyes sedition raps vs. KOJC members over rowdy rallyFBM KLCI Futures End Higher In Line With Cash MarketBTr fully awards Treasury bondsMalaysia Achieves 43 Pct Of SDG Indicators, Far Beyond The World Average – PM Anwar591K beneficiaries get P3.5-B TUPAD aid in Davao RegionNearly 200 Reports Of Uprooted Trees Recorded In Penang Since Sunday – ChowDOLE-W. Visayas programs provide P2.76-B aid under PBBMKUSKOP Targets RM80 Mln Investment In MIHAS 2024DSWD-Bicol disburses over P90-M cash aid on PBBM’s birthday24 Victims Trapped In Floods In Bukit Kayu Hitam RescuedBattle to ban TikTok in US gets underway in federal courtRevitalise Mind, Body And Soul In Hong Kong This AutumnSual mayor denies romantic, business links with Alice GuoBursa Malaysia Ends Morning Session HigherDAR: P10-B available for ARBs under LandBank’s new lending programConcrete Action Needed In Every Parliamentary Constituency To Achieve SDG Goals – SERIP30-B upfront payment on NAIA deal bolsters gov’t revenuesLarge Waves Hit Penang Coast, Public Warned To Stay AwayPBBM OKs P7.9-B for immunization drive; Bakuna Eskuwela set Oct. 7Perak Aims To Become Major Global Halal Gelatine Industry Player4.3K people evacuated as ‘Gener’ causes floods in BicolCPO Futures End Lower For Third Consecutive Trading DayAustralian scientist develops new cancer screening testOver 55 Israeli evacuation orders cover more than 85% of Gaza: UNDeath toll in Sudan cholera outbreak reaches 315China Open 2024: Three Malaysian Men’s Doubles Pairs Advance To Second Round‘Gener’ to exit PAR within 24 hoursMITRA To Open Applications For PPSMI 2025 Grants On Oct 15
Thu. Sep 19th, 2024

Hyundai Motor to invest US$28 mln in Thailand to assemble EVs, batteries: Thai BOI


Hyundai Motor Co., South Korea’s leading automotive company, plans to invest US$28 million in Thailand to establish a production facility for electric vehicles (EVs) and batteries, the country’s Board of Investment (BOI) said Wednesday.

In a release sent to Yonhap News Agency, the BOI said it approved the investment applications by Hyundai Mobility Manufacturing Co., the local unit of the South Korean auto giant, to begin local assembly of EVs and batteries starting in 2026.

According to the BOI, Hyundai plans to establish an assembly plant in Samut Prakan Province, near Bangkok. The facility will also assemble an equal amount of EV batteries, the board said.

“Hyundai’s entry in Thailand’s EV sector is a very positive development, confirming the attractiveness of Thailand as both a manufacturing base and an important market,” said Narit Therdsteerasukdi, secretary general of the BOI.

The Thai government has declared a goal to replace 30 percent of domestically produced vehicles with electric cars by 2030
. It has also introduced an electric car purchase subsidy scheme for companies with local production plants.

Source: Yonhap News Agency

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