Due to the strong demand from semiconductors and products for EVs, the Philippine electronics sector is expected to hit 10% growth this year. The department of Trade and Industry (DTI) of the country announced the latest program for EV investors. Also seeing the same demand in Malaysia, companies like Indium Corporation and EVE Energy lately announced to increase their investments in the country. Indonesia e-commerce group Blibli plans its IPO next month, following the IPOs of GoTo Group early this year and BukaLapak in 2021.