In Focus
Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024
The awards programme honoured outstanding companies and initiatives in the manufacturing and exporting industries in Asia.
Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024
The awards programme honoured outstanding companies and initiatives in the manufacturing and exporting industries in Asia.
Companies weaning off focus on supply chain resilience: McKinsey
Only a few executives believe their boards have a deep understanding of supply chain risks.
Global manufacturing activity contracts for 4th consecutive month
Output stabilises but new orders continue to decline.
Carmakers to invest over $20b in EV production facilities in South and Southeast Asia
This is advantageous for Chinese manufacturers who aim to diversify operations.
ASEAN manufacturing output declines into contraction for the first time in 3 years
Headline index drops to 7-month low.
Global manufacturing marks steepest decline in nearly two years
Business optimism falls to a 22-month low.
Global semiconductor market hits record August sales
This marks the fifth consecutive month of growth and the largest YoY increase since April 2022.
PMI signals slowest global growth since January
Business optimism falls to its lowest level in four years.
Asia leads robot installation globally by 70%
China accounted for 51% of the market.
Warehouse automation market to hit $55b by 2030
One driving factor includes the e-commerce boom.
Nearly 8 in 10 manufacturers will boost AI investment in 2024
97% are optimistic about AI's promise to create jobs.
India and Singapore ink agreement for semiconductor collaboration
India to invest $10b in semiconductor market, aiming to compete with chipmaking heavyweight Taiwan.
China faces renewed pressure for stimulus as PMI dips to 6-month low
Factory gate prices reach lowest level in 14 months.
Appetite for sustainable packaging in Asia wanes as inflation rises
About 58% of respondents said they are now more concerned about price comparison.
Four ways manufacturers can reassess their geographic footprint
Concerns about global supply chain issues drive a shift toward regionalisation and sustainability in manufacturing decisions.
China pledges zero restrictions on foreign investments in manufacturing
Plans are underway to expand the list of allowed industries.
Global factories sluggish in July due to weakening demand
China drops to its lowest PMI in 9 months.
