Published: August 11, 2021
A lot of manufacturing businesses and factories in Myanmar have closed and are closing with their workers having no chance but to return home, following surges in Covid-19 cases in the third wave. Output, new orders, purchases, employment, and postproduction inventories all fell at quicker rates, with declines that were amongst the quickest in the series history, according to Manufacturing Purchasing Manager’s Index released for July 2021.
Published: January 16, 2021
A shortage of semiconductors is forcing the world’s major automakers to cut production across the board. This is because demand for the devices mainly used in PCs and smartphones, has increased rapidly amid the novel coronavirus crisis.