• The logistics industry in the U.S. grew slightly in December 2022
      The logistics industry in the United States grew slightly in December 2022, and the country's Logistics Managers Index (LMI) reached 54.6, up 1 percentage point from 53.6 in November 2022, but still far below the high point in 2021. The inventory levels of downstream enterprises in
      Jan 06, 2023
    • 98.7% foreign enterprises expressed that they would expand investment in China
      From January to November 2022, the profits of major industrial enterprises in China decreased by 3.6% year-on-year. According to the data from the National Bureau of Statistics (NBS), the total profit of industrial enterprises with an annual operating income of 20 million yuan or more in
      Dec 30, 2022
    • World GDP 2023 forecast slashed to 1.4% due to inflation: Fitch
      World gross domestic product (GDP) forecasts for 2023 have been revised down again as central banks intensify their fight against inflation, as per Fitch Ratings. Global GDP is expected to grow by 1.4 per cent in 2023, revised down from 1.7 per cent in the September 2022 forecast.
      Dec 28, 2022
    • Vietnam's textile & garment exports up 18.9% in Jan-Nov 2022
      Vietnam earned $34.645 billion from textile and garment exports in the first eleven months of 2022, an increase of 18.9 per cent over the same period of last year, as per preliminary data from customs IT and statistics department, general department of customs, Vietnam ’ s ministry of fina
      Dec 28, 2022
    • Monforts marks 40 years of advanced manufacturing in Austria
      Montex Maschinenfabrik – the key site for the manufacturing of Monforts finishing machines in Austria – has celebrated its 40 th anniversary in 2022. Montex specialises in all aspects of machine production, including high-precision sheet metal working, laser
      Dec 27, 2022
    • Sensor specialist becomes employee owned
      BTMA member Dent Instrumentation – a specialist in contactless yarn sensors – has become an employee-owned business following the formation of a new Employee Ownership Trust (EOT). The detection response of the sensors can be adapted to each individual unit according
      Dec 27, 2022
     
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