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Singapore: More firms in manufacturing, services optimistic about business prospects for next 6 months: EDB, DOS

MORE firms in the services and manufacturing sectors are upbeat about business prospects for the next six months, with sentiment for both industries improving from the previous quarter, two surveys show. The surveys on firms’ business expectations for April to September 2018 were released separately on Monday. The Economic Development Board (EDB) shared its findings on […]

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Vietnam: High inflation risk looms ahead

The Hanoitimes – Authorities should closely watch on inflation to timely take appropriate measures as it is under pressure to rise significantly next time, experts suggested. According to the General Statistics Office (GSO), the country’s average consumer price index (CPI) for the first quarter of this year increased by 2.82 percent compared with the same period […]

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Philippine economy not at risk from overheating — HSBC

MANILA, Philippines — British banking giant HSBC has played down fears the Philippines is the most at risk from overheating among countries in the Association of Southeast Asian Nations (ASEAN). In its latest ASEAN Perspectives titled “Mind the output gap,” HSBC said the Philippine economic growth remains grounded on solid fundamentals. Most market watchers fear […]

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Cambodia: Second section of western rail line opens

The railroad connecting Serey Sophorn in Poipet to Battambang, a section of the western rail line that runs for 65 kilometres, officially opened Sunday. The service will stop at Serey Sophorn, Mongkul Borey, Chomka Jek, Phnom Toch, Toul Somrong, Chroy Sdao, Chundeu Sva, Otaky, Siem and Battambang. Cambodia is now one step closer to having […]

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