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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.


UP RERA Clears 21 Real Estate Projects Worth US$792.3 Million Across Key Cities
Uttar Pradesh Real Estate Regulatory Authority INDIA: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 21 new projects valued at US$792.3 million, paving the way for 10,866 housing and commercial units across the state. The clearances were granted during the 184th meeting of the Authority chaired by Sanjay Bhoosreddy. “The approval of 21 projects, adding nearly 11,000 new units, highlights the momentum of real estate growth in Uttar Pradesh. With inve
brg_news_room
Oct 131 min read


Indonesia’s New Finance Chief May Recast Predecessor’s 2026 Budget
Indonesia Cuts Rate as Loan Growth Hits Three-Year Low INDONESIA: Indonesia’s newly appointed Finance Minister, Purbaya Yudhi Sadewa, has announced plans to review his predecessor’s draft 2026 budget, including a potential revision of the fiscal deficit target, as part of his commitment to President Prabowo Subianto’s pro-growth agenda. Barely days into his role following the ouster of veteran Sri Mulyani Indrawati, Purbaya said the finance ministry will revise next year’s sp
brg_news_room
Oct 131 min read


China’s R32 Refrigerant Prices Set to Increase by Nearly 20%
China’s R32 Refrigerant Prices Set to Increase by Nearly 20% China: The long-term contract price of R32 refrigerant from China is expected to increase by almost 20 per cent, according to Chinese commodity analysts. The increase is attributed to growing global demand for the lower global warming potential (GWP) refrigerant, which is widely used in domestic air conditioning systems. The new long-term contract price has reportedly reached CNY 60,200 per tonne (USD 8,460 / EUR 7
brg_news_room
Oct 131 min read


Ceramic World Unveils Eastern India’s Largest Tile and Bathware Experience Center
Eastern India’s Largest Tile and Bathware India: Ceramic World has inaugurated its new flagship outlet in Eastern India, now recognized as the region’s largest tile and bathware experience center. Spread across 25,000 sq.ft, the showroom has been designed to provide an immersive and inspirational environment for homeowners, architects, and interior designers. It features an exclusive and extensive range of premium tiles, sanitary ware, faucets, and wellness products from lead
brg_news_room
Oct 131 min read


Thailand’s Q4 2025 Growth Seen at Just 0.3% Amid Weak Demand
Growth Seen at Just 0.3% Thailand: Thailand’s economy is expected to grow at 0.3% in the fourth quarter of 2025 if no further government stimulus is introduced, as global trade tensions and a slow tourism recovery continue to weigh on growth. The Federation of Thai Industries (FTI) highlighted weakening domestic demand and declining production capacity in several industries, urging the government to boost local consumption through schemes such as the “Khon La Khrueng” co-paym
brg_news_room
Oct 131 min read


Star Ceramics Opens New Factory Outlet in Chattogram
Opens New Factory Outlet Bangladesh: Star Ceramics Ltd has officially opened its new Factory Outlet on Agrabad Access Road in Chhotopool, Halishahar, Chattogram, offering premium, international-standard tiles and sanitaryware at affordable prices. The inauguration was attended by company officials, employees, and invited guests including distinguished dealers, retailers, and franchise representatives. To celebrate the launch, the Factory Outlet is providing special discounts
brg_news_room
Oct 131 min read


Midea Becomes First Manufacturer Certified Under AHRI’s New Energy Testing Standard
Midea Becomes First Manufacturer Certified Under AHRI’s New Energy Testing Standard China/USA: Midea has become the first company to receive certification under the Air-Conditioning, Heating, and Refrigeration Institute’s (AHRI) new Controls Verification Procedure (CVP), a testing standard designed to measure energy efficiency based on real-world operating conditions. Unlike previous “locked unit” tests, the CVP uses an “unlocked” configuration that replicates how systems ope
brg_news_room
Oct 131 min read


Samsung India Reports Growth in Air Conditioner Sales During Navratri Period
Samsung India Reports Growth in Air Conditioner Sales During Navratri Period India: Samsung India recorded an increase in room air...
brg_news_room
Oct 131 min read


Urban Company Explores Local Assembly of Air Conditioners Under Native Brand
Urban Company Explores Local Assembly of Air Conditioners Under Native Brand India: Urban Company is in initial discussions with...
brg_news_room
Oct 131 min read


LG Electronics Begins Local Production of Air Handling Units in Saudi Arabia
LG Electronics Begins Local Production of Air Handling Units in Saudi Arabia Saudi Arabia: LG Electronics has commenced mass production...
brg_news_room
Oct 131 min read


Hindware Unveils Revamped Experience Centre in New Delhi
Hindware Unveils Revamped Experience Centre in New Delhi India: Hindware has inaugurated its newly redesigned Experience Centre in Lajpat...
brg_news_room
Oct 131 min read


Vietnam Urges Acceleration of Affordable Housing Development
Vietnam Urges Acceleration of Affordable Housing Development Vietnam: Vietnamese Prime Minister Pham Minh Chinh has directed ministries...
brg_news_room
Oct 131 min read


World Bank Raises China’s 2025 Growth Forecast to 4.8% Amid Regional Slowdown Concerns
World Bank Raises China’s 2025 Growth Forecast to 4.8% Amid Regional Slowdown Concerns China/SEA: The World Bank has revised its 2025...
brg_news_room
Oct 131 min read


Inspection Finds Chinese-Made “Nawas” Radiator Fails Safety Standards in Tashkent
Inspection Finds Chinese-Made “Nawas” Radiator Fails Safety Standards in Tashkent Uzbekistan: A control purchase of the Chinese-made...
brg_news_room
Oct 81 min read


Daikin to Establish Research and Development Centre in Haryana with Rs 1,000 Crore Investment
Daikin to Establish Research and Development Centre in Haryana with Rs 1,000 Crore Investment India: Daikin Industries Limited has signed a Memorandum of Understanding with the Government of Haryana to invest Rs 1,000 crore (USD 120 million / EUR 110 million) for setting up a research and development centre in the state. The agreement was finalised in Osaka, Japan, in the presence of Haryana Chief Minister Nayab Singh Saini, who is leading a high-level delegation to promote i
brg_news_room
Oct 81 min read


Shanta Lifestyle Partners with Kohler Co to Launch First Showroom in Bangladesh
Shanta Lifestyle Partners with Kohler Co Bangladesh: Shanta Lifestyle has entered into a partnership agreement with Kohler Co, marking a...
brg_news_room
Oct 81 min read


Carysil Limited Expands Quartz Kitchen Sink Manufacturing Capacity by 10%
Expands Quartz Kitchen Sink Manufacturing India: Carysil Limited, has announced a expand of its quartz kitchen sink production capacity...
brg_news_room
Oct 81 min read


Mitsubishi Electric India Marks 15 Years with Focus on Manufacturing, Sustainability and Digital Growth
Manufacturing, Sustainability and Digital Growth India: While global geopolitical uncertainties present short-term challenges, they also...
brg_news_room
Oct 82 min read


World Bank Revises Growth Outlook for MENAAP Region Amid Global Challenges
World Bank Revises Growth Outlook MENAAP: The World Bank revises its growth forecast for the Middle East, North Africa, Afghanistan, and...
brg_news_room
Oct 81 min read


Walton Hi-Tech Faces Revenue Dip but Bets on Diversification Through Merger with Digi-Tech
Air Cond BANGLADESH: Walton Hi-Tech Industries PLC, Bangladesh’s leading electronics manufacturer, has faced a challenging 2024–25 fiscal...
brg_news_room
Oct 81 min read
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