Economy
Global machine tool market drops 5.5% in 2024: report
A major contributor to the decline was the slowdown in China.
Global machine tool market drops 5.5% in 2024: report
A major contributor to the decline was the slowdown in China.
Clean tech struggles as investment declines and costs rise
Decreasing clean tech funding is forcing businesses to reassess sustainability strategies.
Global PMI up to 52.6 in December
This is the highest in four months.
Asia-Pacific leads hydrogen vehicle growth amidst infrastructure challenges
The region’s ambitious targets face infrastructure and cost hurdles.
Who surged and who stumbled in SEA manufacturing early this year
The Philippines has the biggest PMI growth.
India's factory activity surges in June, hiring hits 19-year peak
But there's an increase in operating expenses.
Global semiconductor sales up 19.3% YoY in May
Worldwide chip sales increase 4.1% month-to-month
US chip still dependant on China despite restrictions
Huge demand for manufacturing equipment exists.
Hanoi aims for SEA's semiconductor hub despite supply chain limits
Vietnam is in the top 10 for semiconductor exports, with 6% annual growth projected until 2027.
Malaysia's manufacturing sector to grow in H2 despite dip in June indicator
However, business sentiment has declined for the fifth consecutive month, which could impact optimism.
Manufacturing business sentiment in Vietnam to rise in Q3
However high loan interest rates remain a challenge.
More factories relocate from China to Malaysia amidst trade tensions
But integrating with the local supply chains remains a challenge.
China's manufacturing growth hits 3-year high in June
But businesses are challenged by lower confidence and expectations.
Limited availability hinders SAF adoption in aviation
High costs, limited supply, and infrastructure challenges impede large-scale use of Sustainable Aviation Fuel.
How CPG manufacturers can adapt to a changing market
McKinsey proposes a dual agenda.
Confidence amongst Japan's top manufacturers slips in June
A weak yen boosts exports, but sales volume has decreased for the fourth consecutive quarter.
Asian manufacturing investments surge amidst supply chain risk
Increased investments and import volumes signal robust expansion, despite emerging supply chain risks and reshoring trends.
