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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.
Taiwan Expands Energy-Efficient Equipment Subsidy Programme for Businesses
Taiwan: The Ministry of Economic Affairs in Taiwan has opened applications for its commercial energy-efficient equipment subsidy...
brg_news_room
Mar 71 min read
Austria's Economy Contracts by 1.1% in 2024
AUSTRIA: Austria's gross domestic product (GDP) shrank by 1.1 percent in real terms in 2024 compared to the previous year, as the economy...
brg_news_room
Mar 41 min read
Italy Revises Tax Deductions for Renovations and Energy Efficiency in 2025
Italy: Italy has implemented changes to its tax deduction regulations for 2025, affecting incentives such as the Renovation Bonus,...
brg_news_room
Feb 261 min read


Cyprus Electricity Prices Set to Remain High Until 2026
Electricity CYPRUS: Electricity prices in Cyprus are unlikely to decrease over the next two years due to the absence of natural gas and...
brg_news_room
Feb 111 min read


Indonesia’s Economy Grows by 5.03% in 2024, Matching Previous Year’s Rate
Indonesia’s Economy Grows by 5.03% in 2024, Matching Previous Year’s Rate Indonesia: Indonesia's economy expanded by 5.03% in 2024,...
brg_news_room
Feb 51 min read
US Manufacturing Shows Signs of Recovery, but Tariffs May Hinder Progress
USA: U.S. manufacturing expanded in January for the first time in over two years, but concerns remain over the sustainability of the...
brg_news_room
Feb 42 min read


Bangladesh Ceramic Industry Faces Export and Employment Decline in FY 2023-24
Bangladesh Bangladesh: The ceramic sector in Bangladesh, despite strong growth in previous years, experienced a decline in exports and...
brg_news_room
Jan 291 min read


Australia’s Inflation Cools, Raising Chances of Interest Rate Cut
Slowdown in Inflation AU: Australia's consumer prices rose at the slowest pace in nearly four years in the December quarter, with a...
brg_news_room
Jan 292 min read


Global Firms Expand in South Africa as Economic Outlook Brightens
GDP SOUTH AFRICA: Several international companies are acquiring South African-based businesses as economic prospects show a notable...
shivansh_tiwari
Jan 281 min read


Central Bank of Nigeria Projects GDP Growth at 4.17% for 2025
GDP Nigeria: The Central Bank of Nigeria (CBN) has forecasted a GDP growth rate of 4.17% in 2025, signaling faster economic growth...
brg_news_room
Jan 221 min read
China's New Home Prices Stabilize After 18-Month Decline
China:Â In December 2024, China's new home prices stabilized for the first time in 18 months, following government stimulus measures aimed...
brg_news_room
Jan 191 min read
China's Economy Grows 5% in 2024 Amid Manufacturing Surge and Stimulus Efforts
China: China’s economy grew by 5% in 2024, slightly exceeding economists’ forecasts of 4.9%, driven by strong manufacturing and...
brg_news_room
Jan 161 min read


U.S. Budget Deficit Reaches USD 711 Billion in First Quarter of Fiscal Year 2025
Budget Deficit Reaches USD711 Billion USA: The U.S. government recorded an USD 87 billion budget deficit in December 2024, reduced by a...
brg_news_room
Jan 151 min read


Ireland Disbursed Record EUR 616 Million in Energy Grants and Supports in 2024
Record €616 Million in Energy Grants and Supports Ireland: The Sustainable Energy Authority of Ireland (SEAI) allocated a record €616...
brg_news_room
Jan 151 min read


Egypt's Trade Deficit Narrows by 16% in October 2024
Flag of Egypt Egypt: In October 2024, Egypt's trade deficit decreased by 16% to $3.66 billion from $4.36 billion in October 2023,...
brg_news_room
Jan 121 min read


China's December Exports Surge 10.7%, Imports Unexpectedly Rise
Flag of China China: China's exports and imports experienced notable growth in December, partly due to factories pushing inventory...
brg_news_room
Jan 121 min read


Indonesia Joins BRICS Bloc as Full Member
Indonesia Joins BRICS Indonesia: Indonesia has officially become the newest member of the BRICS group, joining Brazil, Russia, India,...
brg_news_room
Jan 81 min read


Vietnam's 2024 GDP Growth Accelerates to 7.09% Amid Strong Exports
GDP VIETNAM: Exports in 2024 surged by 14.3% year-on-year to $405.53 billion, driven by strong shipments of electronics, smartphones,...
brg_news_room
Jan 71 min read


Germany's Economic Downturn Triggers Political Turmoil Amid Global Pressures
GDP GERMANY: Germany, the world’s third-largest economy, recorded a nominal GDP of $4.7 trillion in 2024, according to the International...
brg_news_room
Jan 71 min read
Gas Supply Halt Creates Energy Crisis in Transnistria
Moldova: The separatist region of Transnistria in Moldova has suspended heating and hot water for approximately 450,000 residents after...
brg_news_room
Jan 31 min read
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