Manufacturing
Industrial production index drops by 0.6%
Industrial production index drops by 0.6%
Textiles, wearing apparel, metal, and computer industries saw decreases in output volume.
86% of OT organisations suffered from cyber intrusions in the past 12 months
More than half said their productivity was affected by such an incident.
Industrial leasing slows as global trade activities plunge in July: JLL
Global trade is negatively affecting leasing demand for industrial space.
PMI soars to an 11-year high of 54.9 in May: S&P Global
The growth was driven by reduced COVID disruptions.
Epic Group reveals ESG initiatives to meet 20% reduction in GHGs
The initiatives cover the manufacturing, management, and talent process.
Johnson Electric Holdings sales up 12% YoY to $19.6m for 9M FY2021
For the quarter ended, there was a $6.6b worth of sales recorded.
Index of industrial production for manufacturing industries grows 7.8% YoY
Q3’s IIP growth was higher compared to the previous quarter.
Alltronics Holdings profit up 7.76% YoY in first half
This, as revenue from electronic product sales increase during the period.
Kingboard Holdings profit soars 378% to $5.06b in H1
Revenue over the period amounted to $26.70b.
Kingboard Laminates profit rockets 357.3% to $3.4b in H1 2021
The rebound of the electronics consumables led to increased demand in the laminates industry.
HKB is now accepting nominations for Made in Hong Kong & Designed in Hong Kong Awards 2021
Firms can submit their entries until 29 October 2021.
ASM Pacific profit soars 261% to $1.2b in H1
The Group’s revenue also rose 41.5% to $1.2b over the same period.
HR Briefing: Will machines take over Hong Kongers’ jobs?
Around 56% say they are threatened by the rising dependence on automation by local business, but analysts say there will also be opportunities.
Xinyi Glass secures $3b syndicated loan for green projects
The funds will be used to purchase clean energy-powered equipment.
Xinyi secures $1b green loan from DBS Bank
The 3-year loan will be invested in green production.
Industrial production climbs 2.6% in Q1
This is an improvement compared to the 6.1% year-on-year decrease recorded in Q4 2020.
Morimatsu International eyes $2.48 per share price in global offering
The manufacturing firm will issue 250 million shares in its global offering.
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