News
Gov’t net-zero goals drive EV demand in the Philippines
Government policies, high fuel prices, and infrastructure development drive EV adoption.
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.
Tech hardware firms completes phase one of China shift out
S&P Global Ratings said phase two to be more disruptive and costly.
Domestic demand for cement in India to grow at CAGR of 7%
S&P Global Ratings estimates cement companies to spend US$14.3b on additional capacity.
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.
Which five key areas will the global automotive industry adopt AI in?
Advancements range from the implementation of AI to 3D printing.
Global semiconductor sales up 18.3% in Q2
Sales in China and the Asia-Pacific region increased, but declined in Japan and Europe.
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.
