March figures show decline in New Zealand’s manufacturing sector
New Zealand's manufacturing sector contracted in March and remains well below the long-term average signalling challenges for the sector, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
PPK Group acquires interest in lithium battery manufacturer PowerPlus Energy
PPK Group Limited, a technology incubation and commercialisation, has completed the acquisition of majority interest in PowerPlus Energy (PPE), Australia’s largest privately-owned lithium battery manufacturer.
US private sector’s output drives fastest uptick in business activity in a year
The United States private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase.
Australian manufacturing PMI enters contraction territory in March
Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020.
AML3D secures $3m via shares placement
Metal additive manufacturing company AML3D said it raised $3 million through a placement of shares to a range of sophisticated investors.
Chinese manufacturing growth hits highest level since 2020 – RatingDog
The Chinese manufacturing sector experienced its most significant improvement over the past five years this April, according to the latest RatingDog China General Manufacturing Purchasing Managers’ Index (PMI).
Small business optimism declines as expectations for better business conditions worsens in December
The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.
Australian industry activity sees slower decline in May— Ai Group
The Ai Group’s Australian Industry Index has seen a moderated contraction in May 2023 and now stands at -10.9 points, up by 9.3 from April’s steep fall, signalling deteriorating conditions in the market and the 13th month the index has been in contraction.
Australian manufacturing sees further decline in June— Ai Group
Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group.
ASX-listed Telix Pharmaceuticals unveils potential plan for US listing
Melbourne-based biopharmaceutical giant Telix Pharmaceuticals announced today its plans for an initial public offering in the United States and listing on the Nasdaq Global...
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Manufacturers should do this sooner rather than later, says precision engineer
Australian precision engineering and industrial instrumentation company CENMAC implemented ERP software when it was still a one-man operation. “I couldn’t imagine us growing to this size without MRPeasy,” says Jason Ford, Founder.
