Tag: economy
Eurozone Composite PMI confirmed at 50.3 in January
The S&P Global Eurozone Composite PMI stood at 50.3 in January 2023, slightly up compared with a reading of 49.3 in December.
Eurozone Manufacturing PMI remains in contraction territory in January
The latest S&P Global Eurozone Manufacturing PMI reading rose for a third successive month to 48.8 in January, up from 47.8 in December.
Global CEO confidence collapses to bleakest record in 12 years
Chief executive officers around the world are expecting a bleak future, with nearly three-quarters of them believing that global economic growth will decline over the next 12 months.
North Qld’s Townsville Hydrogen Hub to receive $70m federal investment
The Australian government has announced $70 million in support for the development of the Townsville Hydrogen Hub, accelerating the growth of North Queensland’s hydrogen industry.
Singapore, Australia ink agreement to reduce economic carbon emissions
Representatives from Australia and Singapore signed the Singapore-Australia Green Economy Agreement (GEA) on Tuesday to drive economic growth and reduce carbon emissions.
Victoria’s economy bounces back to pre-pandemic levels— report
Jobs and investment in Victoria have recovered to above pre-pandemic levels, indicating a resilient economy, according to the state’s latest Annual Financial Report.
Germany’s private sector activity sees downturn in August
Market activity in Germany’s private sector slipped for the second consecutive month and at a faster rate, according to the S&P Global’s Flash purchasing...
$19m to grow SA’s forest and timber industries
The Government of South Australia has announced a $19 million investment intended to assist the growth and development of the state’s forest and timber...
FBICRC outlines pathway for Australia to claim its share of the global battery industry
The Future Battery Industries Cooperative Research Centre (FBICRC) has released a document titled: “Towards 2030 – Australia’s Battery Powered Future”, outlining how Australia can...
Aussie food and beverage manufacturers can now apply for government grants to cut on...
Under the new $19.9 million round of the Energy Efficient Communities (EEC) program, small and medium Aussie food and beverage manufacturing companies can apply...
Featured Article
Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
