News
Thailand's electric vehicle sales ready for a boost
It targets 30% of the market share by 2030.
Japan's business sentiment declines in August amidst China's slowdown
Expresses concern about increasing raw materials costs and exchange rates
Malaysia's manufacturing sales value jump 5.9% in June
Manufacturing sales value in Malaysia increased by 5.9% in June, reaching $34.99b (156.1b ringgit), according to the Department of Statistics Malaysia.
Manufacturers organise processes for successful digital transformation
Streamlined processes ensure readiness for digital adoption.
South Korea's domestic manufacturing supply declines in Q2
The downward trend is ongoing since 2023.
Thailand OKs incentives for auto parts joint ventures
The joint ventures between a Thai company and a foreign company are required to invest a minimum of $2.8m in auto parts manufacturing.
Vietnam's manufacturing output grows fastest in 13 years
Whilst 40% of the respondents expressed optimism, sentiment eased to the lowest since July.
Weak output seen in China steel and cement sector in Q3
But demand for aluminium remains strong.
New credit guarantee scheme to boost small manufacturing industries in India
India raises MUDRA loan limit to $24,000 (₹2m) for reliable borrowers.
Why industry collaboration is key in reducing carbon emissions
Sustainability is not just a goal but a necessity.
Philippine car manufacturing up 13.2% in first 5 months of 2024
Meanwhile, the production of Thailand, Indonesia, and Vietnam lags.
Singapore's manufacturing sector shows positive business sentiment
Except for biomedical manufacturing cluster, all clusters are optimistic about their business ventures.
Sri Lanka discloses 5-year plan to boost manufacturing, exports
It aims to grow GDP contribution to 20% by 2030.
Manufacturers rush orders ahead of potential tariffs
China's factory activity is expected to decline for the third consecutive month in July.
Taiwan's manufacturing FDI in Vietnam soars 8.7-fold from 2022
Taiwan ranked 6th in FDI, with most investments in new manufacturing projects.
Thailand reduces car manufacturing target to 1.7 million units in 2024
Domestic car sales have been sluggish since 2023.
Indonesia manufacturing PMI hits 13-month low
A slower growth rate was recorded for new orders and output.
