GlobalData
GlobalData

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Philippines dairy industry Vinamilk’s next cash cow, says GlobalData

The Philippines dairy market recorded a robust growth in 2019* and is continuing to attract both regional and international players. The entry of Vinamilk, the largest dairy manufacturer in Vietnam, marks a strategic and cash booster move given the heightened interest for dairy products in the country, says GlobalData, a leading data and analytics company. […]
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Solar PV sole driver for renewable power in Singapore, says GlobalData

Singapore is increasingly relying on solar photovoltaic (PV) deployment to achieve clean energy targets as the resource-constrained country has limited renewable energy options. As a result, the installation of rooftop PV systems on public housing has become one of the prominent drivers for the growth of solar PV in the country, says GlobalData, a leading […]
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Australia’s defense budget to maintain upward swing between 2020-25 to nullify China threat in Indo-Pacific region, says GlobalData

Australian defense expenditure is expected to increase from US$30.9bn in 2020 to US$39.5bn in 2025.This upsurge in the defense budget expenditure is driven by Australia’s redefined strategic priorities in the Indo-Pacific region as tensions rise with China, says GlobalData, a leading data and analytics company. According to GlobalData’s latest report, ’Australian Defense Market – Attractiveness, […]
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Boeing’s Loyal Wingman induction to support Australian aerospace defense development, says GlobalData

Boeing Defense Australia and the Royal Australian Air Force (RAAF) have announced the first flight of the Loyal Wingman Unmanned Aerial Vehicle (UAV). Maturing the technology and its eventual induction into service will help Australia’s defense industry build the skills to develop the future systems in its aerospace domain, says GlobalData, a leading data and […]
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Six next generation missile vessels to enhance Indian Navy’s anti-surface warfare capabilities, says GlobalData

Following the news that the Indian Ministry of Defence (MoD) has declared the Cochin Shipyard Ltd (CSL) as the lowest bidder for next generation missile vessels (NGMVs); Chandan Nayak, Analyst of Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “GlobalData expects the contract to strengthen the domestic aerospace […]
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Domestic defense production of India receives booster shot from DAC, says GlobalData

Following the news that the Defence Acquisition Council (DAC) has approved capital acquisition proposals worth US$1.8bn (INR13,700 crore) of various weapons, platforms, equipment, systems required by the Indian defense force; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The announcement by the Ministry of Defence […]
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