ManufacturingGrowth

Transformer Supply Shortage Fuels Expansion for Turkey’s Astor Amidst Global Demand Surge

10 days ago

In a significant response to the ongoing transformer supply shortage, Turkey's Astor is rapidly expanding its operations to meet the soaring global demand for energy equipment. As nations strive to modernize their electrical grids to accommodate renewable energy sources, the need for efficient transformers has skyrocketed, creating a lucrative opportunity for manufacturers like Astor.

China's Factory Activity Shows Robust Expansion, Indicating Economic Recovery

23 days ago

In a significant sign of economic revival, China's factory activity has demonstrated continual expansion, as reported by the latest data releases. This upward trend points towards a potential rebound in the industrial sector, encouraging optimism among investors and economists alike.

Japan's Industrial Production Surges, Fuelled by Automotive Sector Growth Amid BOJ Meeting

2 months ago

Japan has reported a notable increase in its industrial production as the automotive sector continues to drive economic recovery. This development comes at a critical moment when the Bank of Japan (BOJ) is convening to discuss economic policy directions. The latest data reveals that production rose by 5% in September compared to the previous month, marking one of the most significant rebounds this year.

Pressure Mounts on Thai Government for Economic Stimulus as Growth Slows

2 months ago

In a significant development concerning Thailand's economic landscape, various business groups are vocally urging the government to implement additional stimulus measures. This call for action surfaces as the nation's growth has encountered noticeable challenges, sparking concern among stakeholders regarding the trajectory of recovery.