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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.
Dec 19, 2025
Foreign Investment in Indonesia’s New Capital Hits USD 760 Million, Backed by Global Consortiums
Indonesia: The Nusantara Capital City (IKN) Authority has announced that foreign investment in residential tower construction within...
brg_news_room
May 26, 20251 min read
U.S. Reduces Tariff on Chinese E-Commerce Shipments
USA: The United States will reduce the "de minimis" tariff on shipments from China to 54% from the previously planned 120%, while...
brg_news_room
May 15, 20251 min read
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 12, 20251 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 6, 20251 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 23, 20251 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 23, 20251 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 22, 20252 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 16, 20251 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 16, 20251 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 16, 20251 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 15, 20251 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 15, 20251 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 10, 20251 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 10, 20251 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 31, 20251 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 28, 20251 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 27, 20251 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 23, 20251 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 12, 20251 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 9, 20251 min read
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