Reshaping global lubricant supply chains: Trump-Era tariffs driving industry pivot towards Asia
With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of U.S. President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector’s global hub. While the U.S. tariffs primarily targeted a broad […]
India gains trade momentum amid tariff and global supply chain shakeup
In a rapidly evolving global trade landscape, India stands out with its competitive advantage stemming from relatively lower tariff rates compared to several key trading partners. With a tariff rate of 26%, as of July 2025, which might reduce to below 20% amid speculations of a trade deal with the […]
Sidel’s Beijing Plant unveils large-scale installation advancing green factory initiative
Sidel’s Beijing Plant’s rooftop solar photovoltaic (PV) system has now achieved full grid connection. Thousands of PV panels now form a blue armour-like array across the facility, gleaming under the sunlight. This milestone green energy project injects new momentum into Sidel’s sustainable operations, marking a solid step forward in […]
$2.3b AI-Focused data center for Jakarta
Jakarta, Indonesia, 17 June 2025 – EDGNEX Data Centers by DAMAC, a global digital infrastructure company backed by the DAMAC Group, a global conglomerate headquartered in Dubai, today announced the development of a next-generation AI-powered data center in Jakarta, Indonesia, its second in the market. This milestone project marks one […]
Hexagon brings automated quality inspection to with PRESTO Quality Stations
Low-cost turnkey automated inspection solutions enable shop-floor operators to improve efficiency with high-speed, high-resolution part scanning Simple set-up, easy programming and modular upgrades enable flexible manufacturing, maximising return on investment and minimising footprint Powerful robot programming makes automated quality inspection accessible to non-metrologists Providing major advances in high-resolution scanning […]
Building Momentum with Hyster: Koh Kock Leong’s Journey Toward Efficiency and Growth
As a major contractor in Singapore’s dynamic civil engineering and construction industry, Koh Kock Leong Enterprise (KKL) has established itself as a key player, recognized for its expertise in earthworks, cable and pipe installations, and road reinstatement projects. With a skilled team of over 1,000 employees, KKL has continually pushed […]
Andersen Consulting expands into Pakistan with collaborating firm NEC Consulting
Andersen Consulting bolsters its sustainability offering through a Collaboration Agreement with NEC Consultants (Pvt) Ltd., an environmental and infrastructure consulting firm based in Pakistan. Established in 2006, NEC Consultants provides environmental and engineering professional services. Their offerings include environmental assessments and audits, wastewater treatment plant design, energy audits, sustainability […]
Time for ASEAN to rethink a single currency amid global trade tensions
Dr Uma Murthy Dr Paul Anthony Maria Das As global economic uncertainties continue to mount, Southeast Asia stands at a strategic crossroads. The recent surge in trade tensions, particularly those stemming from the United States’ (U.S.) tariff policies and restrictive trade measures, has reignited discussions across […]
ASEAN-GCC-China collaboration signals growing demand for multilateralism
The United States (U.S.) persistent efforts to maintain its fading unipolar dominance – through tariffs, sanctions, military presence, and dollar hegemony – have sparked a global pushback, prompting nations to seek refuge in multilateral alliances. –Dr Julia Roknifard Among the most notable is the BRICS organisation, which has grown in […]
Secutech 2025 concludes with optimism and strong affirmation of growth
Taipei, 21 May 2025. Secutech 2025 brought together a vibrant network of innovators and industry leaders at the Taipei Nangang Exhibition Centre in May, with concurrent Fire & Safety and Smart Building events. Featuring 396 exhibitors from nine countries and regions, the fair showcased the latest advancements in security technology, […]
Zoomlion’s grand debut at 2025 Changsha International Construction Equipment Exhibition
Zoomlion Heavy Industry Science & Technology Co., Ltd. has wrapped up a blockbuster exhibition at the 4th Changsha International Construction Equipment Exhibition (CICEE 2025) which was held from May 15 to 18 in Changsha, China. Zoomlion delivers the ZAT40000H, the world’s largest 4,000-ton all-terrain crane, at CICEE 2025. At CICEE […]
Trymax Semiconductor Equipment B.V. reaches 500 process chamber installations in Asia
Trymax, a leading provider of plasma- and UV-based solutions for semiconductor manufacturing, announces the installation of its 500th process chamber in Asia. This milestone reflects continued momentum across key regional markets—including China, Taiwan, South Korea, Malaysia, and the Philippines—and signals strong progress toward the company’s goal of 1,000 global installations […]
Hong Kong and Middle East: Partnering for Success
Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, hailed as a “success” his recent visit to the Middle East (May 10-15), where he led a delegation of more than 50 business leaders and entrepreneurs from Hong Kong and Mainland China on a visit to Qatar and Kuwait. “This Middle East visit has elevated Hong Kong’s relations with Qatar and Kuwait to a new level, bringing more business opportunities to Hong Kong,” Mr Lee said. Summing up the trip, the Chief Executive said the delegation had achieved three key objectives: to strengthen government-to-government relations; to find new areas of collaboration; and to make friends and extend networks in the region. “We share a common commitment to deepening bilateral co-operation in trade, investment and cultural exchanges,” Mr Lee said, noting his roundtable discussion with senior Kuwaiti officials hosted by the Acting Prime Minister of Kuwait His Excellency Sheikh Fahad Yousuf Saud Al-Sabah. The Chief Executive highlighted six particularly successful areas of the trip. First, strengthening relations with the governments of Qatar and Kuwait, and building consensus for collaboration. Second, reaching a total of 59 memoranda of understanding (MOUs) and agreements (35 in Qatar and 24 in Kuwait), laying a diversified foundation for multifaceted co-operation. Third, leveraging Hong Kong’s strengths under “one country, two systems” as a “super connector” and “super value-adder”, bridging global opportunities and linking the Mainland and the world. Fourth, bolstering ties between Hong Kong and the Gulf Cooperation Council (GCC) member states. The Chief Executive, together with his previous Middle East mission to Saudi Arabia and the United Arab Emirates in 2023, has visited four of the six GCC member states. “The HKSAR Government is now actively exploring a free trade agreement with the GCC to further access this vital market,” Mr Lee said. Fifth, […]