Asia Bridge Consulting

SGX Group’s Andrea Ip explains why #Indonesia, #India, #Malaysia & #Thailand are key markets of interest for growth in the region. She also highlights the sectors that have the heaviest weighting in the SGX iEdge Emerging Asia Select 50 Index. SGX Group CNBC https://flip.it/5G4KrN

🚗 South Korean companies are re-evaluating their substantial $54 billion investment in electric vehicle (EV) battery plants in the US amid concerns over potential changes to tax credits under President-elect Donald Trump. Several companies have paused or slowed construction projects due to fears of reduced EV demand and uncertainty regarding Trump's policies during a potential second term. For instance, Posco Future M has postponed the completion of its Quebec plant, citing "local conditions." Kenny Kim, CEO of SNE Research, highlights the anxiety within the industry about the possibility of significant cuts to government incentives for EVs. Trump has consistently criticized the Biden administration's efforts to subsidize EVs through the Inflation Reduction Act. The potential elimination of the $7,500 consumer tax credit could jeopardize thousands of US jobs and unravel years of progress in shifting the EV supply chain away from China. Byeonghoon Kim, CEO of Ecopro Materials Co., emphasized the importance of closely monitoring Trump's comments about EVs, noting that any policy changes could necessitate a strategic shift for their company. While the Biden administration recently offered $7.5 billion to support a joint venture between Samsung SDI and Stellantis for cell manufacturing in Indiana, the Trump transition team has raised questions about the proposal. South Korea's top battery manufacturers—Samsung SDI, LG Energy Solution, and SK On Co.—have announced 15 battery plants in the US, showcasing a robust investment strategy designed to create over 20,000 jobs. These initiatives are crucial for competing against China in the EV supply chain. However, if tax credits are cut, it could severely impact Korean battery companies already grappling with lower EV demand and plummeting battery prices. The situation remains tense, with growing concerns about potential competition from Chinese battery firms if Trump opens the market. Despite the uncertainties, some industry leaders remain hopeful that the benefits outlined in the Inflation Reduction Act will continue, given the strategic locations of many plants in Republican-led states. The US market remains vital for Korean companies, underscoring the ongoing importance of collaboration between nations to foster growth in the EV sector. #ElectricVehicles #BatteryManufacturing #Investment #SouthKorea #EVs #Sustainability #CleanEnergy #AutomotiveIndustry #USMarket #InflationReductionAct #Innovation #GlobalEconomy https://lnkd.in/gtweaXgM

Thailand Tackles Air Pollution with Climate-Smart Farming 🌱🇹🇭 Thailand is taking significant steps to combat air pollution and promote sustainable agriculture. 🌿 The "Friends of Thai Agriculture" alliance, a collaboration between the Ministry of Agriculture and international organizations, is focused on reducing agricultural burning and enhancing farmers' livelihoods. Key strategies include: * Reducing Burning: Implementing innovative techniques to minimize the burning of crop residues. * Promoting High-Value Crops: Encouraging farmers to shift to alternative crops like avocado and coffee, which have higher economic potential. * Enhancing Mechanization: Adopting modern agricultural practices to reduce manual labor and improve efficiency. * Innovative Residue Management: Exploring innovative ways to utilize agricultural residues, such as composting and producing biodegradable materials. By embracing these sustainable approaches, Thailand aims to improve air quality, mitigate climate change, and empower farmers. #Thailand #agriculture #sustainability #climatechange #airpollution #environment #farming #innovation https://flip.it/ye1o-t

Thailand Aims for 40 Million Foreign Tourists in 2025 🇹🇭✈️ Southeast Asia's second-largest economy, Thailand, is setting its sights high! The Tourism Authority of Thailand (TAT) predicts a surge in foreign arrivals to 40 million in 2025. With strategic initiatives like the Amazing Thailand Grand Tourism & Sports Year 2025 campaign and increased flight connectivity from key markets like India and China, Thailand is poised to reclaim its position as a top tourist destination. #Thailand #tourism #travel #SoutheastAsia #economy #foreigninvestment https://lnkd.in/gXZnJZZb

Chinese EV Brand Deepal to Electrify Singapore Roads in 2025 ⚡️🇸🇬 Another Chinese EV brand is set to make waves in Singapore! 🌊 Deepal, a rising star in the electric vehicle industry, will debut at the Singapore Motorshow in January 2025. Their first model, the S07 SUV, is poised to challenge established players in the market. 🚗💨 With a focus on innovation and sustainability, Deepal aims to offer a compelling alternative for Singaporean EV enthusiasts. #electricvehicle #EV #Singapore #China #Deepal #automotive #futureofmobility #cleanenergy https://flip.it/Nq8H7u

VinFast Zooms Ahead: Competitive Prices and Vietnam Supply Chain Drive US Success (#VinFast #EV #USMarket) VinFast Auto (VFS.US) is revving up competition in the US EV market, thanks to its strategic advantages. Following their strong Q3 results, Cantor Fitzgerald analyst Andres Sheppard highlighted VinFast's edge on CNBC: a cost-efficient, vertically integrated supply chain focused on Vietnam. This approach delivers a powerful one-two punch: * Competitive Pricing: Reduced costs translate to attractive prices for US consumers. * Market Resilience: Vertical integration shields VinFast from disruptions in the broader supply chain. VinFast is poised to be a major player in the US EV market. What are your thoughts on their strategy? #VinFast #EV #USMarket #SupplyChain #CompetitiveAdvantage #ElectricVehicles #Vietnam VINFAST changed https://lnkd.in/dx6__YBN to a more user-friendly website link)

Indonesian Government Seeks $1B Apple Investment to Lift iPhone 16 Ban Indonesia's government is eyeing a significant $1 billion investment from Apple (AAPL) to resolve the ongoing ban on the iPhone 16. This move is aimed at addressing Apple's failure to comply with local content regulations, requiring at least 40% of smartphone components to be sourced locally. By investing in Indonesian manufacturing, Apple could not only lift the ban but also establish a robust supply chain and create new jobs. This aligns with the company's broader strategy of diversifying its manufacturing base away from China. What do you think about this potential deal? Could it reshape the tech landscape in Southeast Asia? #Apple #Indonesia #investment #technology #manufacturing #supplychain #iPhone16 Apple https://lnkd.in/gDfJU2B7

BYD's Global Ambition Continues: Second Ship Sets Sail for Europe 🚢🌍 Despite recent trade tensions, BYD is doubling down on its European expansion. Their second dedicated cargo ship, the "Changzhou," is now transporting 5,000+ electric vehicles across the globe. This is a testament to BYD's commitment to sustainable mobility and its growing global influence. #BYD #electricvehicles #EV #cleanenergy #sustainability #globalexpansion #automotiveindustry #chineseautomaker #europe #trade #shipping BYD EUROPE BYD https://flip.it/EUdEEa

Inspiring Entrepreneurship: From $15,000 Island to Luxury Paradise 🌴 Ever wondered how a $15,000 investment could turn into a luxurious, eco-conscious resort? Hotelier Melita Koulmandas shares her incredible journey of turning a forgotten Cambodian island into the stunning Song Saa Private Island. From sustainable practices to community empowerment, Koulmandas' vision has redefined luxury travel. #entrepreneurship #hospitality #sustainability #travel #luxurytravel #Cambodia #ecofriendly #inspiration https://flip.it/u.I-rW

Fortescue and XCMG: A $400 Million Bet on Electric Mining Fortescue is once again leading the charge in sustainable mining! ⚡ The Australian mining giant has just placed a massive $400 million order with Chinese heavy equipment manufacturer XCMG for over 100 electric mining vehicles. This groundbreaking deal is a significant step towards decarbonizing the mining industry. Key takeaways: * Largest single equipment export deal in XCMG's history * Massive boost to electric mining equipment adoption * Reduced carbon emissions and improved sustainability This partnership between Fortescue and XCMG demonstrates the growing demand for sustainable solutions in the mining sector. As the world transitions to a greener future, we can expect to see more innovations in electric mining technology. #mining #sustainability #electrification #cleanenergy #innovation #futureofmining #XCMG #Fortescue #electricvehicles #decarbonization #China #Australia Fortescue XCMG Group https://flip.it/GXu_ud