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Global Outlook
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LED Lamp Shipments to Reach Nearly 2 Billion in 2026, LED by Commercial Segment
Aug 14, 2017With declining prices and increased efficacy of LEDs continuing to drive the adoption, global LED lamp shipments will increase from 961.1 million in 2017 to nearly 2 billion in 2026, according to the report ‘Market Data: LED Global ...
Tags: Lighting market, LED Lamp
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Taiwan's Economy to Grow 1.03 Pct in 2016
Oct 24, 2016A Taiwan think tank Chung-Hua Institution for Economic Research (CIER) raised its forecast for Taiwan's annual economic growth for 2016 to reflect improvement of demand inside the island. The island's gross domestic product (GDP) is ...
Tags: Taiwan's Economy, CIER
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IMF Cuts 2016 Global Growth Forecast to 3.1%
Jul 20, 2016The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
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Pantone Adds 210 Colors to Its Palette
Aug 19, 2015Pantone said it sourced the 210 colors it added to its palette by leveraging international trend-spotting along with consumer and client color research it conducted. Pantone has added 210 colors to its fashion, home and interiors color ...
Tags: arts, crafts, Pantone's color system
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The U.S. Economy Could Be Poised for a Breakout Year
Apr 1, 2014Once this year's harsh weather has faded, the U.S. economy could be poised for a breakout year — its strongest annual growth in nearly a decade. The combination of an improving job market, pent-up consumer demand, less drag from ...
Tags: Economy
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Abundant Shale Natural Gas to Keep Petrochemical Producers in North America Well
Nov 25, 2013Abundant shale natural gas reserves in the United States are expected to keep petrochemical producers in North America well stocked with inexpensive ethane for the next decade, according to the just-launched Platts Petrochemical Analytics: ...
Tags: platts, petrochemical, analytic, report, shale, gas, boom
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Vitrum Is Always Held in Fall,Hence It Quite Useful for Formulating Accurate Forecasts
Oct 22, 2013Vitrum is always held in fall and hence near the end of the fiscal year. This makes it quite useful for assessing the progress made during the year and formulating an accurate forecast for the following year. And hence, as Vitrum opens ...
Tags: Vitrum, Construction
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U.S. Manufacturers Has Taken a Few Steps Back From The Brink
Jul 24, 2013U.S. manufacturers can breathe a sigh of relief that the global economy has taken a few steps back from the brink, with the Federal Reserve and other central banks playing key roles, according to a new report. In the Manufacturers ...
Tags: economy
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Cotton Estimates Drastically Changed by USDA
Jul 17, 2013In response to developments in China's support policy, the current USDA estimate for 2012/13 is now dramatically different from the initial forecast published in May 2012. Consumption estimates for 2011/12 were lowered, resulting in ...
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Results From a Recent Survey Suggest That The Industrial Sector Is Generally Optimistic
Jun 26, 2013Results from a recent survey suggest that the industrial sector is generally optimistic about its growth prospects for the coming year, but sees an array of regulatory and policy-related issues as threats to its continued recovery. These ...
Tags: Processing Machinery
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IVL Achieved Sales Revenue of Approximately US$ 1.9 Billion in The First Quarter of 2013
May 15, 2013Indorama Ventures Public Company Limited (IVL), the world’s largest PET Company, achieved sales revenue of approximately US$ 1.9 billion in the first quarter of 2013, compared to US$ 1.6 billion revenue reported in the fourth quarter ...
Tags: Textile, Indorama Ventures
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Sharemarket Suffered Biggest Fall for Four Weeks as Resources Companies Sank
Apr 19, 2013The sharemarket suffered its biggest fall for four weeks yesterday as resources companies sank in response to ongoing questions about the global economic outlook and fear that the collapse in gold prices could force some funds to sell ...
Tags: Miners, Global Outlook
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ACIMIT Will Be Present with Booth at The Upcoming Myanmar Fabric and Garment Industry Show
Feb 25, 2013ACIMIT, the Association of Italian textile machinery manufacturers, will be present with its own booth at the upcoming Myanmar Fabric & Garment Industry Show (15-18 March). ACIMIT attendance at the show is justified by positive developments ...
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Sharemarket Rose to a Multi-Year High
Feb 20, 2013The sharemarket rose to a multi-year high yesterday amid growing optimism about corporate earnings and continued weakness in the domestic bond market. Minutes from the Reserve Bank's February board meeting left the door open to more ...
Tags: Earnings, sharemarket, bond market
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Sentiment Regarding The Prospects for The U.S. Economy in The Year Ahead Increased
Jan 31, 2013Sentiment regarding the prospects for the U.S. economy in the year ahead increased among U.S. industrial manufacturers, while uncertainty around outlook for the world economy prevailed, according to the Q4 2012 Manufacturing Barometer ...
