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Top Stories

Southeast Asia

AI chip boom puts aluminium supplier AMS on track for semiconductor-led growth
Downstream
According to Kenanga Research, aluminium supplier AMS Bhd is an underappreciated beneficiary of the global wafer fabrication equipment (WFE) upcycle. Growing investment in artificial intelligence (AI) infrastructure and semiconductor manufacturing is expected to create fresh growth opportunities for the company. Kenanga identifies AMS’ potential Initiating coverage with a fair value of 62 sen (USD 0.15), Kenanga believes AMS has the potential to evolve into a semiconductor-focused aluminium ...
China exports record 448,000 electric vehicles in May as ASEAN accelerates electrification
End User
China's electric vehicle (EV) exports reached a record USD 9.2 billion in May 2026, up 49 per cent from a year earlier, as demand from the Association of Southeast Asian Nations (ASEAN) continued to grow, according to data released by energy think tank Ember. The figure exceeded the previous monthly record of USD 9.1 billion set in April 2026. During May, China exported about 448,000 electric passenger vehicles, including around 279,000 battery electric vehicles (BEVs) and 169,000 plug-in hyb ...

End User
Austal Vietnam has broadened its shipbuilding capabilities with the completion of its first vessel combining aluminium and steel construction, handing over the newly built Dory 2 to French Polynesian operator Degage Group. The 71-metre roll-on/roll-off passenger and cargo ferry formally changed hands during a ceremony held at the company's Vung Tau shipyard on 15 June, following the successful conclusion of its sea trial programme. Designed by Austal Australia, the vessel represents a departu ...
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