News

Japan machine tool orders nearly unchanged in 2024

This is the second consecutive year that orders fell below JPY1.5t.

Japan machine tool orders nearly unchanged in 2024

This is the second consecutive year that orders fell below JPY1.5t.

Global semiconductor sales up almost 18% in January

Annual sales increased in Asia Pacific and 3 other regions except Europe.

China auto output, sales see double-digit growth in February

Total car production surpassed 2.1 million units

India posts slowest manufacturing growth since December 2023

Despite this, expansion in production and sales remained robust.

Clean tech struggles as investment declines and costs rise

Decreasing clean tech funding is forcing businesses to reassess sustainability strategies.

Vietnam PMI remains in contraction in February

Weak demand causes decline in new orders and production

Indonesia's manufacturing growth accelerates further in February

Production has risen at the strongest pace since May.

Malaysia records highest manufacturing growth in 8 months

Movement signals shift in more stable business conditions.

Thailand factory activity rebounds in February

Backlogs continue to rise as new order inflows are broadly stable. 

Philippine manufacturing activity softens in February

Slowed growth in new orders and production led to a modest increase in purchasing 

China’s manufacturing growth improves in February

It was supported by increases in output and new orders.

South Korea’s manufacturing PMI falls to 49.9 in February

Manufacturing conditions in South Korea remained stable after a slight improvement at the start of the year.

DeepSeek disrupts AI chip market with low-cost model

Cheaper AI infrastructure sparks overcapacity concerns among chipmakers.

Procurement, logistics roles in demand for HK manufacturing in 2025

 Companies are increasingly adopting nearshoring strategies in Asia to diversify supply chains and minimise geopolitical risks.