top of page
Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.
China’s Export Strength Shows in April, Up 9.3% Despite Tariffs
CHINA: Despite the implementation of steep new U.S. tariffs on Chinese goods beginning in early April, China’s exports rose by 9.3%...
brg_news_room
May 121 min read


Vietnam Targets Minimum 8% GDP Growth in 2025
GDP VIETNAM: Vietnam is aiming for a GDP growth rate of 8% or higher in 2025, with projections placing the national economy at over...
brg_news_room
May 61 min read
Canada’s Housing Developers Struggle Amid Economic and Trade Pressures
Canada: Housing developers in Canada are expected to face continued challenges throughout 2025, as macroeconomic uncertainty,...
brg_news_room
Apr 231 min read
National Board of Revenue Bans and Restricts Imports from India, Nepal, and Bhutan
Bangladesh: The National Board of Revenue (NBR) has announced a ban on the import of several goods from India, Nepal, and Bhutan, along...
brg_news_room
Apr 231 min read


U.S. Finalizes High Tariffs on Southeast Asian Solar Products Amid Trade Dispute
Trade USA: U.S. trade authorities have finalized significant tariffs on most solar cells imported from Southeast Asia, marking a major...
brg_news_room
Apr 222 min read
UAE Pledges USD 1.4 Trillion U.S. Investment Over 10 Years
UAE: A 10-year, USD 1.4 trillion investment framework had been committed to by the United Arab Emirates in the United States following...
brg_news_room
Apr 161 min read
ASEAN Vows No Retaliation Against U.S. Tariffs
Southeast Asia: ASEAN economic ministers had decided against imposing any retaliatory measures in response to the newly announced U.S....
brg_news_room
Apr 161 min read
Fitch Upgraded Pakistan’s Credit Rating to ‘B-’ Amid Progress on Fiscal Reforms
Pakistan: Global credit rating agency Fitch upgraded Pakistan’s foreign currency credit rating from ‘CCC+’ to ‘B-’, citing increased...
brg_news_room
Apr 161 min read


Japan Resists Pressure Ahead of US Tariff Talks, Warns of Economic Risks
GDP JAPAN: Japan has signaled it will not make major concessions or rush into a deal as it prepares for upcoming tariff negotiations with...
brg_news_room
Apr 151 min read


Trade Cooperation Strengthened by China, Japan and South Korea Amid US Tariff Concerns
Trade Cooperation Strengthened by China, Japan and South Korea Asia: Trade cooperation has been agreed upon by China, Japan, and South...
brg_news_room
Apr 151 min read


China Imposes Tariffs on U.S. Goods in Response to Trump’s Trade Hikes
China Imposes Tariffs on U.S. Goods in Response to Trump’s Trade Hikes China: China has imposed a 34 percent tariff on all U.S. imports...
brg_news_room
Apr 101 min read
New US Tariffs Likely to Impact Bangladesh’s Exports
Bangladesh: The United States has introduced a 37 percent tariff on imports from Bangladesh under President Donald Trump's "Reciprocal...
brg_news_room
Apr 101 min read
Germany Introduces Dynamic Grid Charges and Extends CHP Funding
Germany: From April, dynamic grid charges will be implemented in Germany, aimed at encouraging more efficient electricity consumption....
brg_news_room
Mar 311 min read
Spain Records Strongest Economic Growth Among Euro Zone Nations in 2024
Spain: The Spanish economy recorded a growth rate of 3.2% in 2024, outpacing other major euro zone economies, according to data from the...
brg_news_room
Mar 281 min read
UK Economy Growth Forecast Revised Downwards for 2025
UK: The UK economy is forecast to grow by 1.0% in 2025, according to finance minister Rachel Reeves, who referenced the latest...
brg_news_room
Mar 271 min read


Sweden On Path To Economic Recovery But With A Mixed Outlook for 2025
Sweden Sweden: Sweden's economy entered a recovery phase in the second half of 2024, with GDP increasing by 0.8% in the fourth quarter....
brg_news_room
Mar 231 min read
Bangladesh GDP Set to Surpass $500 Billion for First Time in FY26
BANGLADESH: The Finance Division estimates that Bangladesh’s gross domestic product (GDP) at current prices will reach $517.7 billion (Tk...
brg_news_room
Mar 121 min read


Uzbekistan and Turkmenistan Implement Free Trade Agreement
Flag of Uzbekistan Uzbekistan/Turkmenistan: On 25 February, Uzbekistan and Turkmenistan's free trade agreement came into effect following...
brg_news_room
Mar 91 min read


China Sets 5% Growth Target Amid US Tariff Escalation
Flag of China China: China has set an economic growth target of around 5% for 2025, despite challenges from a slowing domestic economy...
brg_news_room
Mar 91 min read


Taiwan’s Economy to Grow 3% in 2025 Amid Global Uncertainty
Flag of Taiwan Taiwan: Taiwan’s economy is forecasted to grow by 3% in 2025, following a strong 4.3% expansion in 2024, which...
brg_news_room
Mar 91 min read
bottom of page
