Vietnam's Manufacturing PMI Remains Steady at 54.7 in July 2024

Monday, August 05, 2024

Vietnam's manufacturing purchasing managers' index (PMI) stayed constant at 54.7 in July 2024, showing an ongoing notable improvement in business conditions within Vietnam's manufacturing industry, according to S&P Global. This rate of growth is...


BYD Surpasses Tesla in Terms of Sales in Singapore

Friday, July 26, 2024

China's BYD has widened its sales lead over Tesla in Singapore in the first half of this year, as indicated by government data. This development underscores the competitive challenge Tesla faces from Chinese electric vehicle (EV) makers. BYD's str...

Japan to hike minimum wage by 5%

Thursday, July 25, 2024

A panel at the Japanese labor ministry has decided to raise the national average minimum wage by about 5% to 1,054 yen ($6.85) per hour for this fiscal year, marking the largest increase ever, public broadcaster NHK reported on Wednesday. Achievin...

onsemi opted by Volkswagen Group for Next-Gen Inverter Solutions

Wednesday, July 24, 2024

onsemi announced it has signed a multi-year deal with Volkswagen Group to be the primary supplier of a complete power box solution as part of its next-generation traction inverter for its Scalable Systems Platform (SSP). The solution features sil...


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