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AI will transform supply chains

Location:

INTERNATIONAL

Rapid AI adoption in industrial and commercial supply chains is enabling companies in industries as diverse as retailing, auto manufacturing and food and beverage production to be…

Slow and stuttering rebound for global manufacturing

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INTERNATIONAL

Growth rates are strongest in the Americas, China, India and the Middle East. However, disruptions in the Red Sea and Panama Canal, and now the closure of the port of Baltimore…

EU supply chain law faces major obstacles in Germany

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EU/GERMANY

The vote was lost following Germany’s decision to oppose the directive, which encouraged others to abstain. There are only a few weeks left for the Council to vote again on the…

Chinese EV investment runs risks in Hungary, Slovakia

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EASTERN EUROPE/CHINA

Slovakia’s first EV battery plant aims to support the nascent EV industry and underlying supply chains. Foreign capital and technological innovations are key for Central European…

Technology offers hope in tackling water scarcity

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INTERNATIONAL

Droughts threaten knock-on effects for areas without direct water scarcity challenges, in the form of food price pressures, increased irregular migration from displaced…

Risks will outweigh recovery chances in Eastern Europe

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EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Russia’s car industry will struggle to recover

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RUSSIA

Russia’s full-scale invasion of Ukraine and subsequent Western sanctions caused a severe crisis in the automotive sector. Supply chains were severed, output collapsed and exports…

Political strife may hit business sentiment in Vietnam

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VIETNAM

The government statement announcing the news alluded to “violations” and “shortcomings” that adversely affected public opinion and the CPV’s reputation. Thuong became president on…

South Korean chipmakers’ competition will intensify

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SOUTH KOREA

Lee promptly returned to business, visiting the United Arab Emirates and Malaysia on February 6-11. Meanwhile, SE’s rival SK hynix -- flagship of SK, the second-largest chaebol -…

Costa Rica's medical device sector will grow further

Location:

COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…