China’s State Council has announced new automobile fuel standards reducing sulfur content. The Fifth-phase standards limiting sulfur content to 10 ppm in gas and diesel will be introduced in June and take effect in 2017. Beijing has already implemented the standard. The Fourth-phase standard for gas of 50 ppm was previously announced, with one for […]
On January 15, Japan’s Cabinet Office approved a ¥10.3 trillion ($128.8 billion = ¥80 = $1) economic stimulus package. The stimulus package is the second largest in the country’s history, according to Nature, and comes on the heels of Japan’s Liberal Democratic Party resuming power following the December 2012 election. The stimulus package is expected […]
Japanese R&D funding increased last fiscal year for the first time in four years. The country’s total R&D spending rose 1.6% in fiscal 2012 (ending March 31, 2012) to ¥17,379 billion ($217.2 billion = ¥80 = $1), according to the annual R&D survey of the Statistics Bureau of Japan’s Ministry of Internal Affairs and Communications. […]
Newly elected President Enrique Peña Nieto plans to create a scientific road map for the nation. The road map will aim to increase funding for science to a minimum of 1% of GDP, compared with the current figure of 0.4%. The road map will also seek to create a closer collaboration between academic institutions and […]
The European Commission (EC) announced the two winners of its Future and Emerging Technologies competition to fund groundbreaking, large-scale research initiatives involving multiple scientific fields and EU states. Graphene, led by Professor Jari Kinaret of Sweden’s Chalmers University, involves more than 100 research groups and has an initial budget of €54 million ($73 million) over […]
South Korean President-elect Park Geun-hye has announced a restructuring of government ministries, including the creation of the Ministry of Future Creation and Science. The new Ministry will incorporate the duties of the former Ministry of Education, Science and Technology, as well as the responsibilities of the Korean Communications Commission for information and communication technology. The […]
BIO Deutschland’s annual survey of German biotechnology companies, which involved 143 companies in December 2012, found 44% of respondents plan to increase R&D spending this year, compared with 40% in last year’s survey. However, 54% plan to keep R&D spending the same, compared with 56% a year ago. Although 95% indicate their current business situation […]
Overview Despite the slowing economic situation in China, it still represents the best growth opportunity for the instrument industry. Latin America is also an attractive market, especially Mexico and, a bit less so, Brazil, which is experiencing a decline in exports. Other developing countries like India and Korea also offer good prospects. It is the […]
This month, Saudi Arabia announced its fiscal 2013 budget, totaling $218.7 billion, including $76 billion in appropriations. Special attention was given to projects involving science and technology. Education appropriations increased 21% to $54.4 billion. Among the education projects will be 15 new colleges and three university hospitals. Health expenditures increased 16% to $26.7 billion, including […]
As part of a survey of 195 senior executives not based in Russia examining perceptions of Russian companies, the Economist Intelligence Unit also asked about Russia’s economic potential. The Russian market is expected to total more than $2 trillion in 2012, making it among the world’s top 10. The GDP per person is $14,200, which […]
Pay Invoice
Latest Blogs
-
New Report Details Higher Education Science R&D Spending
February 27, 2026 3:23 pm
-
Single Use Leads Bioreactor Market Growth
December 30, 2025 6:04 pm
Sitemap
Your Data and Privacy
About Us
IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
