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Construction

China suffers sharp decline in construction output, but a recovery is underway, says GlobalData

Due to the severe impact of COVID-19, construction output growth in China is expected to grow by just 1.9% in 2020. The disruption in the first quarter of 2020, when the outbreak was at its peak and the lockdown widely enforced, is illustrated by the 17.5% year on year decline in construction activity during that […]

Oil & Gas

Asian crude oil importers are likely to gain after Saudi Arabia slashes oil prices, says GlobalData

Asian crude oil importers are likely to be at an advantageous position, as Saudi Arabia slashed oil prices to around US$4.2 per barrel of Arab light crude for the Asian markets for the months of April and May 2020 in a bid to boost its market share. This aggressive move by Saudi is likely to […]

Power

COVID-19 fails to dent China’s nuclear plans, says GlobalData

China recently reported that the COVID-19 outbreak will have no impact on the progress of the construction of nuclear power plants in the country in the short-term, and the reactors already in operation were also not affected. China was initially expected to approve at least six new nuclear projects in 2020. It has 47 reactors […]

Power

India’s silicon PV manufacturer provides noble response to COVID-19 outbreak by aspiring to join hands with ventilator manufacturers, says GlobalData

India’s silicon PV manufacturer Central Electronics plans to put together its technical expertise to ramp-up the production of ICU ventilators. It has expressed desire to join hands with ventilator manufacturers, as part of the nation’s response to the COVID-19 pandemic, says GlobalData, a leading data and analytics company. Somik Das, Senior Power Analyst at GlobalData, […]

Consumer

Packaging industry facing disruptions on multiple fronts in APAC amid Covid-19, says GlobalData

COVID-19 and its impact on the packaging industry have forced the consumers in the Asia-Pacific (APAC) region to be more mindful of their safety and well-being. They are likely to change their views about packaging in response to the spread of COVID-19 to protect themselves getting infected by the virus. Shagun Sachdeva, Consumer Insights Analyst at […]

Power

Indian renewable industry maintains calmness amidst COIVD-19 outbreak, to witness minimum impact, says GlobalData

India’s Ministry of New and Renewable Energy (MNRE) has disclosed that clean energy projects have not been affected by the falling electricity demand as the entire nation has entered into a state of lockdown to check the spread of COVID-19. The disruption in the logistics and supply chain will be minimum and will not cause […]

Oil & Gas

Falling oil and gas prices and COVID-19 hit Australia’s flourishing LNG sector, says GlobalData

Australia began to develop its Liquefied Natural Gas (LNG) sector a little over a decade ago and quickly became one of the world’s largest exporters of the commodity. The fall in oil and gas prices, weak economic outlook, lowering LNG demand and supply glut have hit hard on the country’s LNG sector, says GlobalData, a […]

Oil & Gas

Measures to contain COVID-19 outbreak weakens Indian LNG demand, says GlobalData

The stringent measures adopted to contain COVID-19 pandemic in India has led to a sharp decline in natural gas demand due to fall in industrial and domestic consumption. With LNG storage tanks almost full, Indian LNG importers are being forced to refuse cargoes citing force majeure clauses. Despite these initiatives, LNG supply still exceeds demand, […]

Foodservice

China to potentially become world hub for automated foodservice post COVID-19, says GlobalData

COVID-19 has disrupted the global foodservice industry like no other crisis, with businesses small and large scrambling to pull together their resources and adapt their business model to suit to a new, largely remote customer base. In the short-term, this has led to largely digital strategies in order to maintain the clients’ engagement. However, it […]

Oil & Gas

Chinese refining companies show signs of recovery post COVID-19 impact, says GlobalData

China, one of the largest consumers of transportation fuel globally, had a lot at stake when it became the ground zero for coronavirus (COVID-19) and subsequently announced countrywide lockdown to arrest the spread. This resulted in sharp decline in the domestic fuel demand, forcing some of the state-owned refiners to make deep production cuts. However, […]

Foodservice

Covid-19 demands radical changes in APAC foodservice industry, says GlobalData

Consumers are highly concerned about the possibility of being exposed to Covid-19 and its impact on their health and lifestyle. In line with this, changes in customer behavior, especially consumption habits, have been observed in the Asia-Pacific (APAC) food service industry. With the customers shifting their consumption habits, it has now become necessary for the […]

Power

Amid the COVID-19 outbreak, India to boost DISCOMs by supplying continuous electricity despite outstanding dues, says GlobaData

In India, the central public sector undertaking (CPSU) generation and transmission companies will be involved in the continuous supply and transmission of electricity to distribution companies (DISCOMs) despite the huge outstanding dues. As the distribution companies are not commercially standalone, these measures along with others like, electricity duty cuts, allowed delayed payment from customers and […]

Oil & Gas

Slump in fuel demand and lack of storage capacity force Indian refiners to issue force majeure notices, says GlobalData

The extended lockdown announced by India to curtail the spread of Covid-19 has impacted the country’s oil and gas sector quite heavily. This sudden halt in daily business activities and near standstill of transportation sector across the country has resulted in a sharp decline in fuel demand, which has forced oil refiners to operate at […]

Power

Amid Covid-19 outbreak, India’s wind developers face significant downtimes, says GlobalData

The slowdown in the commercial activity is negatively impacting companies across the wind value chain in India. The lack of production is expected to drive up manufacturing costs. During the first quarter of 2020, the price of wind turbines in India is estimated to rise to US$904/kW from US$864/kW. This is expected to further peak […]

Consumer

Staying beautiful and healthy could turn into a new niche industry in APAC amid Covid-19 concerns, says GlobalData

While it is unclear when the impact of coronavirus (Covid-19) will cease, the fear over personal hygiene and the possibility of another pandemic will continue to resonate. Hence, Asia-Pacific (APAC) brands have every opportunity to innovate new marketing and product designs for the beauty and grooming products. Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a […]

Oil & Gas

China may buck trend of Covid-19 related delays in Asian oil & gas industry, says GlobalData

With coronavirus (Covid-19) being declared a global pandemic by the World Health Organisation (WHO) and the oil price war resulting from the OPEC+ disagreement, the oil and gas industry in Asia is facing an unprecedented uncertainty. Companies are being forced to rethink the ongoing project timelines and ‘projects in the pipeline’ for 2020. Projects expected […]

Mining

Iron ore exports from India to decline by 25% in 2020 amid Covid-19 lockdown, says GlobalData

Iron ore exports from India are expected to decline by around 25% to 23.3 Mt in 2020 due to the coronavirus (Covid-19) outbreak and the subsequent closure of ports, shortage of workers and transport restrictions, which are severely disrupting the exports as well as the domestic supply, says GlobalData, a leading data and analytics company. […]

Mining

COVID-19 initial impact to reduce China’s iron ore output by 3% in 2020, says GlobalData

China’s iron ore production is forecast to decline by 3% to 78.2 Mt in 2020 due to the impact of coronavirus (Covid-19). Between January and February 2020, the operating rates at private iron ore mines declined from 34.9% to 29.6% and overall, China’s iron ore production declined by 4.6% year-on-year, says GlobalData, a leading data […]

Medical Devices

Non-medical companies respond to mask and ventilator manufacturing appeals amidst shortage, says GlobalData

The overwhelming demand for masks and ventilators is forcing governments across the globe to look for alternate manufacturers, says GlobalData, a leading data and analytics company. As tracked by GlobalData’s news database, companies across alternate industries and geographies have started mask and ventilator production. Several automotive manufacturers have ramped up the production of masks and […]

Pharma

Most popular infectious diseases tweets in March 2020, revealed by GlobalData

From Francis Collins’ tweet on the NIH clinical trial of an investigational vaccine for COVID-19 to the flu and coronavirus striking at the same time, leading data and analytics company GlobalData lists ten of the most popular tweets on infectious diseases in March 2020, based on data from the company’s Influencer Platform. 1. Francis Collins’ […]

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China suffers sharp decline in construction output, but a recovery is underway, says GlobalData

Asian crude oil importers are likely to gain after Saudi Arabia slashes oil prices, says GlobalData

COVID-19 fails to dent China’s nuclear plans, says GlobalData

India’s silicon PV manufacturer provides noble response to COVID-19 outbreak by aspiring to join hands with ventilator manufacturers, says GlobalData

Packaging industry facing disruptions on multiple fronts in APAC amid Covid-19, says GlobalData

Indian renewable industry maintains calmness amidst COIVD-19 outbreak, to witness minimum impact, says GlobalData

Falling oil and gas prices and COVID-19 hit Australia’s flourishing LNG sector, says GlobalData

Measures to contain COVID-19 outbreak weakens Indian LNG demand, says GlobalData

China to potentially become world hub for automated foodservice post COVID-19, says GlobalData

Chinese refining companies show signs of recovery post COVID-19 impact, says GlobalData

Covid-19 demands radical changes in APAC foodservice industry, says GlobalData

Amid the COVID-19 outbreak, India to boost DISCOMs by supplying continuous electricity despite outstanding dues, says GlobaData

Slump in fuel demand and lack of storage capacity force Indian refiners to issue force majeure notices, says GlobalData

Amid Covid-19 outbreak, India’s wind developers face significant downtimes, says GlobalData

Staying beautiful and healthy could turn into a new niche industry in APAC amid Covid-19 concerns, says GlobalData

China may buck trend of Covid-19 related delays in Asian oil & gas industry, says GlobalData

Iron ore exports from India to decline by 25% in 2020 amid Covid-19 lockdown, says GlobalData

COVID-19 initial impact to reduce China’s iron ore output by 3% in 2020, says GlobalData

Non-medical companies respond to mask and ventilator manufacturing appeals amidst shortage, says GlobalData

Most popular infectious diseases tweets in March 2020, revealed by GlobalData

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