Manufacturing
Australia faces growing pressure as China steel demand fall
Steel demand in China could drop to 750 to 800 million tonnes per annum over the next five to 10 years.
Australia faces growing pressure as China steel demand fall
Steel demand in China could drop to 750 to 800 million tonnes per annum over the next five to 10 years.
Nearly 8 in 10 manufacturers will boost AI investment in 2024
97% are optimistic about AI's promise to create jobs.
Global semiconductor sales rise 18.7% YoY in July
China and Asia Pacific sales also surged.
Visa issues for Chinese tech drive Indian manufacturing delays
India will fastrack visas for Chinese technicians.
Philippine manufacturing growth steady at 51.2 PMI in August
However, employment and purchasing activity have waned.
India and Singapore ink agreement for semiconductor collaboration
India to invest $10b in semiconductor market, aiming to compete with chipmaking heavyweight Taiwan.
AI demand boosts Korean memory chip industry recovery
This recovery follows a severe downturn in 2023.
Gov’t net-zero goals drive EV demand in the Philippines
Government policies, high fuel prices, and infrastructure development drive EV adoption.
Manufacturing PMI in Malaysia remains stable at 49.7 in August
Conditions likely to stay subdued in the short term.
Malaysia's manufacturing industry operates at 82.1 % capacity in Q2
Capacity utilisation rose by 1.3 percentage points from the previous quarter.
China faces renewed pressure for stimulus as PMI dips to 6-month low
Factory gate prices reach lowest level in 14 months.
Thailand’s MPI rebounds in July after 3-month decline
MPI Up 1.79% year-on-year.
High-tech manufacturing fuels surge in China’s July industrial profits
July profits jump 4.1% YoY vs. 3.6% YoY in June.
Asia's dominant supply chains face 'slow-motion shakeup' – S&P
New trade barriers and industrial policies have pushed firms to reassess their global supply chains, said S&P.
China leads global industrial robot market for 11th straight year
In the last three years, 430,000 industrial robots were produced in China.
Global demand for raw materials hits 2024 low in July
Asia's factory demand is at its weakest since December 2023.
Appetite for sustainable packaging in Asia wanes as inflation rises
About 58% of respondents said they are now more concerned about price comparison.
