SINGAPORE — The Philippines is taking steps toward the digitalization of the country’s manufacturing sector and enterprises, joining its neighbors in the region in entering the fourth industrial revolution. Data from consultancy firm AT Kearney show the Philippines is still at the “planning phase” in adopting the so-called Industry 4.0, in which technology gathers and analyzes […]
Read MoreKUALA LUMPUR: Government initiatives and the creation of the Digital Free Trade Zone (DFTZ) have helped propel home-grown small and enterprises (SMEs) into e-commerce marketplace, says SME Corporation (SME Corp). It said government efforts including the establishment of the National eCommerce Council (NeCC), jointly led by the Ministry of International Trade and Industry (MITI) and […]
Read More(KPL) The Lao Global Futures Commodities Exchange Company, an online trading company, was launched in Vientiane Capital on August 17 in the presence of former Deputy Prime Minister, Somsavat Lengsavad, Vientiane Vice Mayor Keophilavanh Aphaylath and Director of Lao Global Futures Commodities Exchange Company Yong Hai. The Lao Global Futures Commodities Exchange Company is a joint […]
Read MoreVietnamese conglomerate Hoang Anh Gia Lai (HAGL) recently announced a $42 million investment to expand its banana plantation in the Kingdom’s Ratanakkiri province, said a Vietnam news agency. The move comes two weeks after Cambodia signed an agreement with China to begin exporting the fruit to the Asian economic powerhouse. HAGL which operates in the […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) remains keen on pushing for reforms to increase the excise tax rates on alcoholic beverages under Package 2 Plus of the Comprehensive Tax Reform Program (CTRP). According to documents acquired by reporters, the DOF is proposing for an increase in the tax rates on all types of alcoholic beverages, including distilled […]
Read MoreThailand urgently needs to solve the prolonged skilled labour shortage because the country is facing technological disruption and the labour supply does not meet the demands of most companies, says recruitment agency ManpowerGroup. As the government upgrades the country’s industrial and business sectors from 2.0 to 4.0 with new technology and innovations, the labour market has […]
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