The manufacturing sector is experiencing a dramatic turnaround in business, according to figures released by the White House.
President Donald Trump has consistently said he wants the manufacturing sector to grow and has personally intervened to persuade many large manufacturing companies to consider relocating or expanding their operations in the US.
Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy.
They say that the region is in a perfect position to benefit from rapidly declining prices in solar panels. It has strong economic growth, relatively high costs of electricity and a shortage from traditional sources, undeveloped infrastructure in more remote areas, plenty of sunshine, and backing for more renewable energy from many of Southeast Asia’s governments.
“Dramatically falling costs for solar energy technologies means businesses and governments are choosing renewable energy not for environmental reasons but for economic ones,” said Roberto De Vido, spokesman for Singapore-based Equis, one of Asia’s biggest green energy-focused investment firms with $2.7 billion in committed capital. “It simply makes good business sense. And that’s a trend that’s not going to change.” Continue reading Solar power revolution ‘unavoidable’ in Asia, says industry expert
The World Economic Forum, the global nonprofit foundation whose annual meeting in Davos is attended by global leaders from business and politics, has published a list of companies which it considers to be the most pioneering in the field of technology.
In publishing its Technology Pioneers 2017 list, WEF has chosen 30 different companies to highlight from a variety of industries including biotechnology, agriculture, energy, transport, as well as a number of companies from the robotics and automation sector.
President Donald Trump plans to make good on his campaign vow to withdraw the United States from a global pact to fight climate change, a source briefed on the decision said on Wednesday, a move that promises to deepen a rift with US allies.
White House officials cautioned that details were still being hammered out and that, although close, the decision on withdrawing from the 195-nation accord – agreed to in Paris in 2015 – was not finalized.