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Philippines, Indonesia tie for 2nd place in ASEAN factory growth rankings

MANILA, Philippines — The Philippines’ manufacturing activity registered a “quicker” pace of growth in August, sharing the second place with Indonesia while factory growth in Southeast Asia regained some momentum in the middle of the third quarter, according to monthly tracking done by IHS Markit for Nikkei, Inc. The Philippines chalked up a “modest increase” of 51.9 Purchasing Managers Index, […]

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Cambodia: Adapting to Industry 4.0 a top priority: Ministry

Cambodia is prioritising the adoption of new technologies in manufacturing and encouraging investment in sectors that are undergoing rapid technological innovation, according to a senior government official. Phan Phalla, Undersecretary of State at the Ministry of Economy and Finance, said yesterday that Cambodian policymakers are focusing on ensuring the nation is in a good position […]

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