Is China finally suffering the aftermaths of overproducing? China’s exports are likely to have risen at the slowest pace in five months in September.
Malaysia Manufacturing Sector To Grow In H2 Despite Dip In June
Analysts are hopeful about the future of Malaysia’s manufacturing sector in the H2 2024, despite a decrease in Purchasing Managers’ Index (PMI) to 49.9 in June, Manufacturing Asia noted.
Thailand Car Production To Enjoy 3.17% Increase
Thailand car production is estimated to increase by 3.17% to 1.9 million units this year amid economic challenges, says the Federation of Thai Industries (FTI).
Taiwan Machinery Exports Slump For 17th Straight Months From Foreign Exchange Woes
Taiwan machinery exports last month fell 3.8% year-on-year, dropping for a 17th straight months as the local manufacturers struggled with macroeconomic headwinds and unfavourable foreign exchange rates, the Taiwan Association of Machinery Industry reported.
Vietnam Keeps Its Eye On The Semiconductor Prize
The country is actively leveraging FDIs and government support to join the ranks of top semiconductor countries. Vietnam will become a reliable partner and an important link in the global semiconductor manufacturing and supply chains, said Minister of Planning and Investment Nguyen Chi Dung, as quoted by Vietnam Plus.
Japanese Semiconductor Equipment Makers Hit By Export Controls
Japan is set to officially tighten export controls on 23 semiconductor equipment items to China, starting in July, following the US-led containment against Chinese semiconductor industry. While it was not explicitly mentioned military concerns was key to the strict restrictions, it is a common global speculation given the current tense geopolitical climate.
Vietnam Steel Sales Dips To Its Lowest In October
Vietnam Credit in October 2022 posted a bullish outlook for the Vietnam construction sector. Its forecast is now in question given the registered bearish performance from Vietnam Steel Association.
South Korean Economic Growth Estimated Below 2 Percent In 2023 On Weak Exports
South Korea’s economic growth is expected to hover below 2 percent in 2023, a state-run think tank said, due to the country’s weakening exports amid worries over a global recession.
China Power Curbs Shutter 500,000 Tonnes Of Zinc Smelting Capacity
The prospect of a global recession and doubts over economic stimulus in China, the world’s biggest user of raw materials, add to the challenges of mining companies as they grapple with energy costs, raising the risk of downsizing and layoffs.
Way Forward For Indian White Goods Manufacturers
The true potential of a company is only unleashed in the toughest of times. Globally, the pandemic could easily be considered as one such time witnessed by people, businesses and industries across all sectors.
- 1
- 2
