THE Singapore economy has picked up speed on the back of an uptick in global trade, but a sustained improvement in productivity growth could still remain elusive. Last year’s trade-driven recovery would have led to a short-run increase in labour productivity, but this rise was probably concentrated only in certain sectors, economists say. Data in […]
Read MoreMANILA, Philippines — The local manufacturing sector expanded at a steady but slightly slower pace in December due to a slowdown in export orders and continuing input cost pressure, according to latest data of the Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI). The latest reading of the Nikkei PMI came in at 54.2 in December, […]
Read MoreThailand’s stock market is expected to continue its rosy bull run into 2018, assuming the rally will be buoyed by a domestic economic recovery and strong net profits from listed firms. The Stock Exchange of Thailand (SET) index is likely to reach a new record high of 1,800 points in 2018, thanks to the country’s […]
Read MoreMANILA, Philippines — The country’s quest to lower electricity rates has become more difficult to achieve with an impending tax imposition on coal, its major source of power, and the regulatory vacuum following the suspension of Energy Regulatory Commission (ERC) commissioners. Even before these developments, the Philippines already has among the highest rates not only […]
Read MoreThe Hanoitimes – Vietnam’s exports gain impressive achievements in 2017 despite many difficulties caused by natural disasters and import markets. The Ministry of Industry and Trade predicts that Vietnam will earn US$200 billion from exports this year, 13% more than last year, exceeding the set target. According to the Ministry of Industry and Trade, phones and […]
Read MoreGIVEN THE RISING need for power in Myanmar, the government has intensified a five-year project to provide electricity to rural areas by using off-grid solutions including solar and wind energy. Khant Zaw, director general at the Department of Rural Development (DRD), said recently that US$90 million would be spent to implement off-grid projects between 2016 […]
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