Tag Archives: business

Morocco’s Automotive Industry Surges 36% in First Half of 2025, Marking a Major Economic Shift Morocco’s automotive industry has experienced a significant 36% increase in production during the first half of 2025, showcasing the country’s growing influence as a key player in regional and global manufacturing. This impressive growth highlights Morocco’s transformation into a major industrial hub, with the production …

The Automotive Sector as a Catalyst for Economic Growth in Nigeria Ekiti Governor, Biodun Oyebanji, has emphasized the significant potential of Nigeria’s automotive sector to drive economic growth and sustainable development. He highlighted that this industry should serve as a hub for creative and innovative ideas, particularly in the technological domain, to meet the demands of the 21st century. During …

The Struggle for a Sustainable Auto Market Building a sustainable and consumer-friendly auto market is a complex challenge, especially in the face of resistance from established players. According to RJ Scaringe, CEO of Rivian, one group has been particularly obstructive: traditional automakers. These legacy companies have long dominated the industry with internal-combustion vehicles, and their reluctance to embrace electric vehicles …

Rising Motorcycle Production in Thailand, but Challenges Loom Thailand’s motorcycle industry has seen a surge in production and sales during the first five months of 2025, yet this growth does not necessarily signal a bright future for the sector. According to the Federation of Thai Industries (FTI), the industry is expected to face a slowdown in the second half of …

Expansion of South Korean Power Equipment Industry in the U.S. Market South Korea’s LS ELECTRIC, a subsidiary of the LS Group focused on power and automation systems, has recently secured a significant contract worth 170 billion won ($123 million) to supply ultra-high-voltage transformers to renewable energy facilities across several western U.S. states. The company will manufacture these components domestically and …

BMW Group’s Electrified Vehicle Sales Defy Critics Despite initial skepticism from critics, the German automotive group BMW has continued to demonstrate strong performance in the electric vehicle (EV) market. While some doubted the company’s decision to invest heavily in EVs and plug-in hybrid electric vehicles (PHEVs), the sales figures tell a different story. The company’s global sales numbers declined in …

A New Era for Ghana’s Mining Sector A significant milestone has been reached in Ghana’s mining sector with the successful financing of the Black Volta Gold Project by Engineers and Planners (E&P). This $100 million deal marks a turning point, showcasing the potential for local ownership and leadership in the industry. The project is expected to be the first large-scale …

The Importance of Accurate Metering in the Oil and Gas Industry Engineers and Brew Solutions Limited has emerged as a key player in delivering innovative solutions for the oil and gas sector. Recently, the company organized the first-ever Oil and Gas Measurement and Metering Summit in Accra, showcasing its dedication to promoting transparency and accountability within the industry. The summit, …

Dominance of ShopeeFood and GrabFood in Vietnam’s Food Delivery Market ShopeeFood and GrabFood have established a near-monopoly in Vietnam’s online food delivery sector, collectively capturing around 90% of the market. These figures are supported by two separate surveys conducted by reputable research firms, highlighting the competitive landscape and evolving dynamics within the industry. Market Share Breakdown According to a survey …

A Descent into Debt: The Story of a Businessman and His Wife When Bobby Tan, a businessman from Southeast Asia, found himself in financial trouble due to cash-flow issues in his health supplement business, he turned to a professional networking group in Hong Kong for help. He borrowed HK$300,000 (US$38,220) from a licensed small lender in April last year. What …