News

Tech hardware firms completes phase one of China shift out

S&P Global Ratings said phase two to be more disruptive and costly.

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.

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.

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.