China × Cleantech — May 2021

Credit to Author: Tim Dixon| Date: Tue, 06 Jul 2021 23:18:38 +0000

Welcome to China × Cleantech — May 2021 edition. Our China x Cleantech series covers top cleantech stories in China each month. EV Sales 10% Plugin Vehicle Share In China! On the 26th of May, José Pontes reported on the sales numbers of the Chinese EV market in April of 2021. April was a great month, with […]

Read more

When Will Electric Cars Start To Outsell Fossil-Fuel Vehicles? Projections Are All Over The Map

Credit to Author: Guest Contributor| Date: Sun, 23 May 2021 04:40:10 +0000

Originally posted on EVANNEX. By Charles Morris In this day and age, just about everyone who’s paying attention — even stalwarts of the auto and oil industries — acknowledges that vehicle electrification is the future. But how far in the future are we talking about? Forecasts are all over the map. Automakers and governments have begun setting […]

Read more

Another Key Solar PV Period In China Starts This Year

Credit to Author: Johnna Crider| Date: Sun, 23 May 2021 03:17:22 +0000

This year is the start of another key period in China’s development of its solar PV market, IHS Markit reports. 2021 is the first year of the 14th five-year plan and the first calendar year after President Xi Jinping announced the nation’s carbon emissions commitment, and the forecast reflected strong growth after the publication of China’s […]

Read more

IHS Markit sees lower PH growth

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 09 Apr 2021 16:23:29 +0000

IHS Markit expects Philippine gross domestic product (GDP) to expand below the government’s target this year as the recent surge in coronavirus disease 2019 (Covid-19) cases is likely to constrain economic recovery. In a report on Friday, IHS Markit Asia Pacific chief economist Rajiv Biswas said GDP growth for the country in 2021 is estimated […]

Read more

PH factory sector contracts anew in Dec

Credit to Author: Anna Leah E. Gonzales| Date: Mon, 04 Jan 2021 16:20:53 +0000

Despite some positive signs of recovery in November, operating conditions across the Philippines manufacturing sector worsened in the final month of  2020, IHS Markit said. Results of the survey released on Monday showed that the Philippine manufacturing Purchasing Managers Index (PMI) fell from 49.9 in November to 49.2 in December, posting below the 50.0 neutral […]

Read more

PH manufacturing ‘nears stabilization’ in November

Credit to Author: Anna Leah E. Gonzales| Date: Tue, 01 Dec 2020 16:44:15 +0000

The country’s manufacturing sector continued to contract in November, but at a pace slower than a month earlier as operating conditions approached stabilization and production rose for the first time since June, an IHS Markit survey revealed on Tuesday. Poll results showed that the Philippines’ seasonally adjusted Purchasing Managers’ Index (PMI) rose to 49.9 last […]

Read more

PH factory sector contracts in October

Credit to Author: Anna Leah E. Gonzales| Date: Tue, 03 Nov 2020 16:23:11 +0000

IHS Markit on Tuesday reported that despite broadly stabilizing factors in September, operating conditions across the Philippines manufacturing sector worsened in October. Results of the IHS Markit survey revealed that the Philippine Purchasing Managers Index (PMI) fell from 50.1 in September to 48.5 in October as the economic fallout from the coronavirus disease 2019 (Covid-19) […]

Read more

PH manufacturing rises to 7-mo high

Credit to Author: Anna Leah E. Gonzales| Date: Thu, 01 Oct 2020 16:22:56 +0000

An increase in new orders and export sales helped the Philippines’ manufacturing sector in September reach its highest growth rate in seven months, an IHS Markit survey has found. Results of the poll showed on Thursday that the country’s seasonally adjusted Purchasing Managers’ Index (PMI) rose to 50.1 last month — the highest since February’s […]

Read more

PH factory output down in May

Credit to Author: Anna Leah E. Gonzales| Date: Mon, 01 Jun 2020 16:53:45 +0000

THE Philippine manufacturing sector continued to contract in May but at a slower pace compared to the record low in April, an IHS Markit survey showed. Survey results released on Monday showed that the Purchasing Managers Index (PMI) rose to 40.1 in May compared to 31.6 in April. IHS Markit said that despite the improvement, […]

Read more

US To Halt 1.75 Million Barrels Of Oil Production Per Day (IHS Forecast) — Just The Beginning

Credit to Author: Zachary Shahan| Date: Thu, 28 May 2020 05:26:43 +0000

Even from this short-term crisis, IHS Markit expects no real return to “normal,” at least not soon. “However, about one third of the volumes (approximately 550,000 b/d) will stay off the market for the long-term

Read more