Southeast Asia

  • Southeast Asia: COVID-19 Stalls China’s Belt and Road Initiative

    Southeast Asia’s infrastructure development has begun to stall. China, which has been supporting the project, has been unable to proceed with its Belt and Road initiative for a broad economic zone due to restrictions on movement caused by the new coronavirus.

    Akihiro Komuro
    Akihito Komuro

    Southeast Asian countries also are prioritizing infection control and curbing the funds and human resources they invest in development. A major delay in the construction of infrastructure, which is the foundation of growth, could force foreign investors to reconsider their investment plans.

    In Indonesia, work on a high-speed railway (about 140 kilometers) linking the capital Jakarta with the major city of Bandung was recently halted. The project is financed by a Chinese bank, and the state-owned company is involved in the construction. The opening is expected to be postponed from the scheduled 2021.

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  • SOUTHEAST ASIA REPORT: Spread of COVID-19 Shuts Down Automobile Plants

    Due to the spread of COVID-19, Japanese automobile OEMs have stopped production in Indonesia. Isuzu stopped operating its plants April 1, and Honda and Suzuki stopped April 13.

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  • Dealing With Coronavirus

    At Power Systems Research our business is based on being informed: Globally, and in several important industry segments.

    Even as the coronavirus affects markets and industries and companies worldwide, we’re continuing to work effectively for our clients. We’re adjusting our operations hourly to meet the changing needs caused by coronavirus. Our IT staff has adapted PSR systems so our analysts around the world can work at home and communicate easily and effectively with each other and with the home office.

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  • SOUTH KOREA REPORT, March 2020

    Three South Korean EV Battery Manufacturers Grab Share

    This article appeared in the March 2020 issue of PowerTALK™ News

    Based on the capacity of EV-equipped batteries sold in January 2020, the three largest Korean battery companies (LG Chem, Samsung SDI and SK Innovation) have a combined share of 30.8%, exceeding 30% for the first time. In the ranking of total power consumption of EV batteries, China’s CATL is in the top place for the third consecutive year, LG Chem is in third place, Samsung SDI is in fifth place, and SK Innovation is in tenth place. For the first time, SK Innovation has joined the Top 10.

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  • Thailand Auto Industry Brakes Sharply

    This article initially appeared in the February 2020 issue of PowerTALK News.

    THAILAND–Vehicles produced in Thailand are exported to the world, including Asia, Oceania, the Middle East and Europe. However, the automobile industry is in trouble because of the double punch of the global economy slowing down due to the US-China trade friction and the spread of the new coronavirus.

    Akihiro Komuro
    Akihito Komuro

    Exports, which account for half of Thailand's automobile production, where Japanese and other automakers such…

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