Global electric vehicle giants are favored by the Philippines, Thailand and Indonesia to compete for BYD to set up a factory

MANILA (Reuters) - The Philippines, Thailand and Indonesia are vying for supremacy in Southeast Asia, all trying to get Chinese electric car giant BYD to set up a factory there Bloomberg News reported on the 24th that Philippine Deputy Trade Secretary Rodolfo said in an interview on the 22nd that Chinese electric vehicle giant BYD is conducting "in-depth discussions" with the Philippines.

Rodolfo, who also leads the Philippine Investment Commission, said BYD representatives visited the Philippines at the end of last year to investigate the possible location of the local factory, and the company may decide on the location of the factory in the second quarter Domeendo, director of the Philippine International Investment Promotion Agency, said that BYD built its first electric vehicle production plant in Southeast Asia in Thailand, and is currently discussing the establishment of a new plant, which is a full-scale assembly plant or a general assembly of auto parts imported from overseas.

factory When contacted, a BYD spokesman said the company had no relevant information to disclose.

The report quoted an anonymous source as saying that BYD is negotiating with the Jakarta authorities on investing in the construction of an electric vehicle factory in Indonesia The Indonesian government has offered a series of tax holidays, incentives and access to raw materials for batteries to woo BYD to expand its factories in Indonesia rather than neighboring countries such as Thailand, the person said.

BYD did not immediately respond to a Bloomberg query about the Indonesian plant BYD is accelerating towards globalization, and its global sales of pure electric vehicles have covered 40 countries including Japan, Southeast Asia and Europe.

Starting from mobile phone batteries and assembly, it has set foot in automobiles The one-stop independent production covering batteries, semiconductors and seats has become an advantage, supported by about 50,000 technicians.

The sales plan of pure electric vehicles in 2023 is close to 2 million, and it is "just around the corner" to surpass Tesla in the United States Report: Huang Dongxing Philippine President Marcos Jr.

is on a state visit to Japan, and Japan is "filling in" for the United States to strengthen strategic cooperation with the Philippines to counter China Marcos Jr.

said that if an incident occurs in the Taiwan Strait, the Philippines will definitely be involved Philippine President Marcos Jr.

started a five-day official visit to Japan on February 8, strengthening the connection between Manila and Tokyo, and standing on the same front with the United States to jointly counter China Experts believe that Japan and the Philippines share strategic interests, and Japan can play a key role in exporting the influence of the US-Japan alliance by strengthening its strategic cooperation with the Philippines through its strategic partnership with the Philippines.

Marcus Jr said a tripartite agreement with the United States and Japan was discussed during his visit to Tokyo.

Such an agreement should be part of a process to strengthen trilateral relations in a "chaotic" and "dangerous" situation, pointing to uncertainties in the South China Sea and Indo-Pacific region, as well as Russia's incursion into Ukraine He also said that signing the Visiting Forces Agreement (VFA) with U.

S ally Japan to enable its Self-Defense Forces to participate in joint military exercises in the Philippines is something "worth pondering".

The Japanese Self-Defense Forces have participated in joint humanitarian aid and disaster relief exercises in the Philippines because their overseas activities are strictly limited by Japan's renounced war constitution In a joint statement following Thursday's summit between Marcos Jr.

and Japanese Prime Minister Fumio Kishida, Tokyo expressed its support for the Permanent Court of Arbitration's 2016 ruling that declared China's extensive claims in the South China Sea Territorial claim is invalid.

Asked how he intends to resolve the territorial issue between the Philippines and China, Marcos Jr said the Philippines needs an independent foreign policy.

Powers outside the region decide" In an exclusive interview in Tokyo, Marcus Jr.

said that if something happens in the Taiwan Strait, "it's hard to imagine a situation where the Philippines will not be involved I pray that there will not be such disputes.

" He Said, "i Feel That We Are At The Forefront "

The northern tip of Luzon Island, where the Philippine capital Manila is located, is only about 350 kilometers from the southernmost tip of Taiwan He called on Chinese President Xi Jinping to strengthen the West Philippine Sea (South China Sea) bilateral working group between the Philippines and China, because incidents in the West Philippine Sea are likely to be caused by poor communication between the two countries.

In terms of regional security, the Philippines will strengthen cooperation with Japan in consideration of the South China Sea issue Marcos Jr.

said the Philippines will strengthen joint exercises with the Japanese Self-Defense Forces Experts believe that the Philippines hopes to obtain support from the United States and Japan to resist China's threats and further reduce Beijing's actions in the South China Sea in the long-term territorial dispute with China.

A step-by-step approach so as not to offend China Marcos Jr 's visit to Japan comes a week after Manila announced a deal to allow U.

S Troops Into Four Other Bases In The Philippines

The operation's Reciprocal Access Agreement (RAA) was negotiated Castro, a professor of international studies at Manila's Raza University, said the leaders of both countries are taking a gradual approach to the RAA, likely to avoid angering Beijing.

"Both countries are very clear that they have touched a sensitive nerve in China by creating the possibility of an Asian encirclement of China In Beijing's view, this may be the beginning of an Asian NATO.

" Japan's military spending reached NATO levels four years later Occupied the Philippines and recently signed similar agreements with Great Britain and Australia Japan announced major defense reforms last year, doubling defense spending to NATO standards of 2 percent of gross domestic product by 2027, and has named China its security "biggest ever strategic challenge".

This is Marcos Jr 's first visit to Japan since he became president in June last year.

He said that the trip "is aimed at establishing closer political ties with major countries in the region, strengthening defense and security cooperation, and establishing Enduring economic partnership," he "actively pursues" cooperation with Tokyo in areas such as "agriculture, renewable energy, digital transformation, infrastructure, defense and security " Kishida Fumio held talks with Marcus Jr.

at the official residence on the 9th The two sides agreed to optimize the procedures for dispatching the Self-Defense Forces for disaster relief and humanitarian assistance.

The two sides also intend to deepen security cooperation; Kishida also expressed his willingness to strengthen economic support Disaster relief agreement Yun Fei sent troops to Japan Analysts pointed out that the disaster relief agreement is the first step in a broader agreement between the two countries, which may allow each other to deploy troops on its own territory in the future.

Japan and the Philippines have agreed on bilateral port calls and defense equipment transfers, agreeing to establish a framework to strengthen and streamline joint exercises between the two countries The statement stated that the purpose of this move is to "improve the defense capabilities of their respective countries and further strengthen overall security cooperation.

and a framework to facilitate exchanges in education and training, as well as mutual visits of defense and military officials” Strengthening military cooperation between the two countries In April last year, the Philippines and Japan held the "two plus two" meeting between the foreign and defense ministers in Tokyo for the first time.

The two sides also reached an agreement to start discussions on signing the Reciprocal Access Agreement and the Mutual Support Agreement on Military Supplies and Services (ACSA) RAA is conducive to simplifying the procedures for mutual visits between the Self-Defense Forces and the Philippine Army, and ACSA is conducive to the mutual provision of supplies between the two sides.

Now Kishida and Marcos Jr have confirmed that the two countries will continue the "two plus two" talks and at the same time formulate an agreement to exempt Philippine diplomats from visiting Japan with visas.

Japan's foreign ministry said Tokyo would continue official development assistance of 377 billion yen (about RM12 4 billion) for a passenger rail program linking Manila and neighboring cities, as well as other economic cooperation programs such as agriculture, telecommunications and energy security.

Marcos Jr said the Japanese loans were used to complete infrastructure development projects across the Philippines, including the North-South Commuter Railway and the Malolos-Duduman Railway.

News source: Asia Weekly This is Marcos Jr 's first visit to Japan since he became president in June last year.

He said that the trip "is aimed at establishing closer political ties with major countries in the region, strengthening defense and security cooperation, and establishing Enduring economic partnership," he "actively pursues" cooperation with Tokyo in areas such as "agriculture, renewable energy, digital transformation, infrastructure, defense and security " Kishida Fumio held talks with Marcus Jr.

at the official residence on the 9th The two sides agreed to optimize the procedures for dispatching the Self-Defense Forces for disaster relief and humanitarian assistance.

The two sides also intend to deepen security cooperation; Kishida also expressed his willingness to strengthen economic support Disaster relief agreement Yun Fei sent troops to Japan Analysts pointed out that the disaster relief agreement is the first step in a broader agreement between the two countries, which may allow each other to deploy troops on its own territory in the future.

Japan and the Philippines have agreed on bilateral port calls and defense equipment transfers, agreeing to establish a framework to strengthen and streamline joint exercises between the two countries The statement stated that the purpose of this move is to "improve the defense capabilities of their respective countries and further strengthen overall security cooperation.

and a framework to facilitate exchanges in education and training, as well as mutual visits of defense and military officials” Strengthening military cooperation between the two countries In April last year, the Philippines and Japan held the "two plus two" meeting between the foreign and defense ministers in Tokyo for the first time.

The two sides also reached an agreement to start discussions on signing the Reciprocal Access Agreement and the Mutual Support Agreement on Military Supplies and Services (ACSA) RAA is conducive to simplifying the procedures for mutual visits between the Self-Defense Forces and the Philippine Army, and ACSA is conducive to the mutual provision of supplies between the two sides.

Now Kishida and Marcos Jr have confirmed that the two countries will continue the "two plus two" talks and at the same time formulate an agreement to exempt Philippine diplomats from visiting Japan with visas.

Japan's foreign ministry said Tokyo would continue official development assistance of 377 billion yen (about RM12 4 billion) for a passenger rail program linking Manila and neighboring cities, as well as other economic cooperation programs such as agriculture, telecommunications and energy security.

Marcos Jr said the Japanese loans were used to complete infrastructure development projects across the Philippines, including the North-South Commuter Railway and the Malolos-Duduman Railway.

News source: Asia Weekly This is Marcos Jr 's first visit to Japan since he became president in June last year.

He said that the trip "is aimed at establishing closer political ties with major countries in the region, strengthening defense and security cooperation, and establishing Enduring economic partnership," he "actively pursues" cooperation with Tokyo in areas such as "agriculture, renewable energy, digital transformation, infrastructure, defense and security " Kishida Fumio held talks with Marcus Jr.

at the official residence on the 9th The two sides agreed to optimize the procedures for dispatching the Self-Defense Forces for disaster relief and humanitarian assistance.

The two sides also intend to deepen security cooperation; Kishida also expressed his willingness to strengthen economic support Disaster relief agreement Yun Fei sent troops to Japan Analysts pointed out that the disaster relief agreement is the first step in a broader agreement between the two countries, which may allow each other to deploy troops on its own territory in the future.

Japan and the Philippines have agreed on bilateral port calls and defense equipment transfers, agreeing to establish a framework to strengthen and streamline joint exercises between the two countries The statement stated that the purpose of this move is to "improve the defense capabilities of their respective countries and further strengthen overall security cooperation.

and a framework to facilitate exchanges in education and training, as well as mutual visits of defense and military officials” Strengthening military cooperation between the two countries In April last year, the Philippines and Japan held the "two plus two" meeting between the foreign and defense ministers in Tokyo for the first time.

The two sides also reached an agreement to start discussions on signing the Reciprocal Access Agreement and the Mutual Support Agreement on Military Supplies and Services (ACSA) RAA is conducive to simplifying the procedures for mutual visits between the Self-Defense Forces and the Philippine Army, and ACSA is conducive to the mutual provision of supplies between the two sides.

Now Kishida and Marcos Jr have confirmed that the two countries will continue the "two plus two" talks and at the same time formulate an agreement to exempt Philippine diplomats from visiting Japan with visas.

Japan's foreign ministry said Tokyo would continue official development assistance of 377 billion yen (about RM12 4 billion) for a passenger rail program linking Manila and neighboring cities, as well as other economic cooperation programs such as agriculture, telecommunications and energy security.

Marcos Jr said the Japanese loans were used to complete infrastructure development projects across the Philippines, including the North-South Commuter Railway and the Malolos-Duduman Railway.

News source: Asia Weekly Kishida Fumio held talks with Marcus Jr at the official residence on the 9th.

The two sides agreed to optimize the procedures for dispatching the Self-Defense Forces for disaster relief and humanitarian assistance The two sides also intend to deepen security cooperation; Kishida also expressed his willingness to strengthen economic support.

Disaster relief agreement Yun Fei sent troops to Japan Analysts pointed out that the disaster relief agreement is the first step in a broader agreement between the two countries, which may allow each other to deploy troops on its own territory in the future Japan and the Philippines have agreed on bilateral port calls and defense equipment transfers, agreeing to establish a framework to strengthen and streamline joint exercises between the two countries.

The statement stated that the purpose of this move is to "improve the defense capabilities of their respective countries and further strengthen overall security cooperation and a framework to facilitate exchanges in education and training, as well as mutual visits of defense and military officials”.

Strengthening military cooperation between the two countries In April last year, the Philippines and Japan held the "two plus two" meeting between the foreign and defense ministers in Tokyo for the first time The two sides also reached an agreement to start discussions on signing the Reciprocal Access Agreement and the Mutual Support Agreement on Military Supplies and Services (ACSA).

RAA is conducive to simplifying the procedures for mutual visits between the Self-Defense Forces and the Philippine Army, and ACSA is conducive to the mutual provision of supplies between the two sides Now Kishida and Marcos Jr.

have confirmed that the two countries will continue the "two plus two" talks and at the same time formulate an agreement to exempt Philippine diplomats from visiting Japan with visas Japan's foreign ministry said Tokyo would continue official development assistance of 377 billion yen (about RM12.

4 billion) for a passenger rail program linking Manila and neighboring cities, as well as other economic cooperation programs such as agriculture, telecommunications and energy security Marcos Jr.

said the Japanese loans were used to complete infrastructure development projects across the Philippines, including the North-South Commuter Railway and the Malolos-Duduman Railway News source: Asia Weekly Kishida Fumio held talks with Marcus Jr.

at the official residence on the 9th The two sides agreed to optimize the procedures for dispatching the Self-Defense Forces for disaster relief and humanitarian assistance.

The two sides also intend to deepen security cooperation; Kishida also expressed his willingness to strengthen economic support Disaster relief agreement Yun Fei sent troops to Japan Analysts pointed out that the disaster relief agreement is the first step in a broader agreement between the two countries, which may allow each other to deploy troops on its own territory in the future.

Japan and the Philippines have agreed on bilateral port calls and defense equipment transfers, agreeing to establish a framework to strengthen and streamline joint exercises between the two countries The statement stated that the purpose of this move is to "improve the defense capabilities of their respective countries and further strengthen overall security cooperation.

and a framework to facilitate exchanges in education and training, as well as mutual visits of defense and military officials” Strengthening military cooperation between the two countries In April last year, the Philippines and Japan held the "two plus two" meeting between the foreign and defense ministers in Tokyo for the first time.

The two sides also reached an agreement to start discussions on signing the Reciprocal Access Agreement and the Mutual Support Agreement on Military Supplies and Services (ACSA) RAA is conducive to simplifying the procedures for mutual visits between the Self-Defense Forces and the Philippine Army, and ACSA is conducive to the mutual provision of supplies between the two sides.

Now Kishida and Marcos Jr have confirmed that the two countries will continue the "two plus two" talks and at the same time formulate an agreement to exempt Philippine diplomats from visiting Japan with visas.

Japan's foreign ministry said Tokyo would continue official development assistance of 377 billion yen (about RM12 4 billion) for a passenger rail program linking Manila and neighboring cities, as well as other economic cooperation programs such as agriculture, telecommunications and energy security.

Marcos Jr said the Japanese loans were used to complete infrastructure development projects across the Philippines, including the North-South Commuter Railway and the Malolos-Duduman Railway.

News source: Asia Weekly Strengthening military cooperation between the two countries In April last year, the Philippines and Japan held the "two plus two" meeting between the foreign and defense ministers in Tokyo for the first time The two sides also reached an agreement to start discussions on signing the Reciprocal Access Agreement and the Mutual Support Agreement on Military Supplies and Services (ACSA).

RAA is conducive to simplifying the procedures for mutual visits between the Self-Defense Forces and the Philippine Army, and ACSA is conducive to the mutual provision of supplies between the two sides Now Kishida and Marcos Jr.

have confirmed that the two countries will continue the "two plus two" talks and at the same time formulate an agreement to exempt Philippine diplomats from visiting Japan with visas Japan's foreign ministry said Tokyo would continue official development assistance of 377 billion yen (about RM12.

4 billion) for a passenger rail program linking Manila and neighboring cities, as well as other economic cooperation programs such as agriculture, telecommunications and energy security Marcos Jr.

said the Japanese loans were used to complete infrastructure development projects across the Philippines, including the North-South Commuter Railway and the Malolos-Duduman Railway News source: Asia Weekly Strengthening military cooperation between the two countries In April last year, the Philippines and Japan held the "two plus two" meeting between the foreign and defense ministers in Tokyo for the first time.

The two sides also reached an agreement to start discussions on signing the Reciprocal Access Agreement and the Mutual Support Agreement on Military Supplies and Services (ACSA) RAA is conducive to simplifying the procedures for mutual visits between the Self-Defense Forces and the Philippine Army, and ACSA is conducive to the mutual provision of supplies between the two sides.

Now Kishida and Marcos Jr have confirmed that the two countries will continue the "two plus two" talks and at the same time formulate an agreement to exempt Philippine diplomats from visiting Japan with visas.

Japan's foreign ministry said Tokyo would continue official development assistance of 377 billion yen (about RM12 4 billion) for a passenger rail program linking Manila and neighboring cities, as well as other economic cooperation programs such as agriculture, telecommunications and energy security.

Marcos Jr said the Japanese loans were used to complete infrastructure development projects across the Philippines, including the North-South Commuter Railway and the Malolos-Duduman Railway.

News source: Asia Weekly.