News
South Korea's domestic manufacturing supply declines in Q2
The downward trend is ongoing since 2023.
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.
Asia-Pacific leads hydrogen vehicle growth amidst infrastructure challenges
The region’s ambitious targets face infrastructure and cost hurdles.
Southeast Asia and India reap more manufacturing amidst diversification
They benefit as companies diversify manufacturing due to reshoring, nearshoring, and friendshoring trends.
Japan factory activity slows down in June as costs rise
But growth in manufacturing output shows optimism.
Philippines manufacturing activity falls to 3-month low in June
The industry showed a strong and sustained rise in output but new orders softened.
