Manufacturers must invest in workforce to boost productivity: report

FOCUSManufacturers must invest in workforce to boost productivity: report  One hour of unproductive labour per week could cost companies $5,900 annually.

Philippine manufacturers cautious despite demand rise  July output rose at a historically muted rate.  ASEAN manufacturing PMI rises to 50.1 in July  This ends the three-month sequence of declining sector health.  India’s industrial production slows in June  A marginal pickup was more than offset by contractions in the mining and electricity sector output.  Vietnamese firms face supply chain risks amidst U.S.-China trade tensions  ESG is now a competitive advantage.  Industrial production to weaken in H2 amidst expected front-loading backlash  Industrial production was up 8% year-on-year in June.  Asian supply chains show tentative recovery, but underutilisation persists  Meanwhile, global supply chains are near full capacity.  Global manufacturing sector returns to expansion territory in June  Key economies drove it to expansion amidst stabilising demand conditions