News
Global manufacturing marks steepest decline in nearly two years
Business optimism falls to a 22-month low.
Global manufacturing marks steepest decline in nearly two years
Business optimism falls to a 22-month low.
Taiwan’s manufacturers cut jobs amidst lowest confidence levels
Confidence in the outlook reached its lowest point in 2024.
South Korean factory activity sees sharpest downturn since June 2023
Optimism has reached its softest level in 21 months.
Typhoon Yagi hits Vietnam’s manufacturing, causing sharp production decline
Full recovery is expected to be delayed until early 2025.
Malaysia's manufacturing sales rise by 7.7% in August
The food, beverages, and tobacco sectors lead the growth.
GEP Global Supply Chain Volatility Index declines in September
This is the lowest in 14 months.
China's manufacturing sector sees sharpest decline in September since July 2023
Thanks to weakening demand, reduced new orders, and subdued market conditions.
AI computer shipments to surge 165% by 2025, hitting 114 million units
AI computers are set to gain 26 percentage points in global shipment share from 2024 to 2025.
Japan's manufacturing conditions weaken for third straight month
Its September factory activity slightly dips to 49.6.
AI startups lead manufacturing sector’s automation transformation
Startups are using technologies such as AI-powered collaborative robots and production simulations.
Warehouse automation market to hit $55b by 2030
One driving factor includes the e-commerce boom.
Logistics automation market to grow to $55b by 2030
It will be driven by the e-commerce industry and supply chain transformation.
Asia polycarbonate capacity balloons to 2.05 million tonnes per annum by 2028
Additional capacity is expected to be 2.05 million tonnes by 2028.
Indonesia’s computer market increases by 17.9% YoY in Q2 2024
It also recorded a 6.1% growth QoQ.
Japanese OEMs battle to compete in China's car market
Nissan, Honda, and Toyota face a massive year-on-year sales decline.
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.
Big 4 Indian cement players capacity share to rise to 60%
An additional 90-100 million tonnes are expected over the next two years.
