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Industry in Asia

  • Auto parts makers expecting 28% profit fall in fiscal 2nd half

    JAPAN, 2010/12/08 Auto parts makers in Japan are anticipating a considerable downturn in their earnings in the second half of fiscal 2010 due to the yen’s appreciation and the expiration of a government subsidy program for the purchase of eco-friendly vehicles, an industry body said Monday.

  • China engine order eases Rolls-Royce woes

    CHINA, 2010/11/25 British engine maker Rolls-Royce Plc won a $1.8 billion order from Air China, offering some respite to the company which had been hit by safety fears over an extra of its engines. The world's second-major maker of aircraft engines said on Monday it had received an order from Air China to provide Trent XWB engines for 10 Airbus A350 XWB aircraft and Trent 700 engines for 10 Airbus A330 planes. Those are different engines to the Trent 900 of which failed on a Qantas Airbus A380 flight this month, forcing the aircraft to make an emergency landing.

  • Pakistan leather industry see decline in animal hides （22/11/2010）

    PAKISTANZZZ, 2010/11/22 The relatively soaring price of animals and their less numbers could result in 20 % less hides to the leather industry this year. Due to inflation, high prices and low number of animals, people preferred collective sacrifice of animals. According to an estimate, around 70 % cows and 30 % other small animals have been sacrificed this year.

  • Plywood Industry 2010 (09/11/2010)

    CHINA, 2010/11/09 The fast increase of Chinese economy energetically promotes the request on Chinese plywood market. The wood from fast-growing and high-yield plantations in North China, East China, the middle and lower reaches of Yangtze River pours into the market. In addition, the overseas high-quality broad-leaf wood enters China incessantly, given that abundance of raw materials for Chinese plywood industry to develop constantly.

  • Price of Natural rubber sets to rise after heavy rain (2/11/2010)

    ASIA, 2010/11/02 The cost of tyres, gloves and condoms is set to rise following a 65 % jump in the price of natural rubber in the completed year. The surge is the result of heavy rains in the major rubber-producing region of south-east Asia, which has disrupted rubber tapping. The rubber price has tripled in years, surpassing the record level set in 1952 at the same time as fears about the potential spread of the Korean War triggered panic buying. That is putting pressure on manufacturers to raise prices or face lower margins.  

  • Metals Report Q2 2010 (14/10/2010)

    INDIA, 2010/10/17 The India government's aggressive stimulus package appears to be paying off, raising the possibility that the measures will be brought to an end, given their impact on Indian industry. In September 2009, India's industrial output grew 9.1%, for the ninth month in a row. This was much better than estimate, raising expectations of strong manufacturing activity in the remainder of the financial year to March 2010 on the back of buoyant domestic request and a recovering world economy.

  • Industrial output growth slows to 15-month low （14/10/2010）

    INDIA, 2010/10/15 India’s industrial output grew 5.6% year-on-year in August, its slowest rate for 15 months, as capital goods output shrank during the month. Output of capital goods, which includes everything from heavy machinery to cabling, contracted 2.6% in August next growing a revised 72% in July.The sector’s volatility has led some to question the reliability of the data.

  • Machinery orders jump 10% （13/10 /2010）

    JAPAN, 2010/10/14 Japan’s machinery orders unexpectedly jumped in August marking the third straight month of increase, the Japanese cabinet office has said.Core machinery orders, a closely-watched indicator of next business investment, rose 10.1% in August to 843.5bn yen ($10.3bn; £6.5bn).

  • Industrial Output Tops Forecast as `Robust' Demand Aids World Growth

    CHINA, 2010/09/12 China’s industrial output rose at a faster pace in August than analysts estimated, signaling the world’s third-biggest economy is maintaining momentum as increase moderates. Production gained 13.9 % from a year formerly , additional than the 13 % median estimate of 29 economists, a statistics bureau statement showed in Beijing yesterday. Consumer prices jumped 3.5 %, the majority in 22 months, as food costs climbed. Retail sales increased 18.4 %.
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