TAIPEI: The new normal of global trade is that there are few safe harbors. That’s the lesson Eclat Textile Co. is learning. The sportswear supplier to Nike Inc. and Lululemon Athletica Inc. exited China in 2016 as conditions weren’t ideal for manufacturing, deciding instead to bulk up in Vietnam. Now, as the global trade war […]
Read MoreMORE than 40 new standards for nascent areas including drones, additive manufacturing and video analytics will be developed over the next year, as the Singapore Standards Council (SSC) steps up its standardisation efforts to keep pace with economic transformation and novel technologies, it said on Monday morning. In the past year, the industry-led SSC published 19 […]
Read MoreIndonesia’s plan to lower corporate tax rates to 20 per cent from 25 per cent is positive for earnings of most listed companies, say analysts from Maybank Kim Eng. The objective of lowering its corporate income taxes is to make Indonesia competitive with neighbouring countries, which the analysts believe will indeed help Indonesia improve its […]
Read MoreThe central bank’s move to curb the rising baht is just a warning shot and will have little impact on the currency’s value or on the bond and stock markets, analysts said. The Bank of Thailand (BOT) took the first step on Friday by reducing the amount of baht accounts held by foreign investors and […]
Read MoreVietnam aims to become the leading digital country and economy in the Asean region by 2030 and allow testing of new technologies in the digital economy. This is one of the proposals in a draft project on national digital transformation by Vietnam’s Authority of Information Technology Application (AITA) under its Ministry of Information and Communications. […]
Read MoreThe Bank of Thailand’s moves to counter hot-money inflows that have pushed the baht to a six-year high and the central bank’s vow to impose more measures if such speculative flows linger rattled the local currency and the stock market on Friday. The baht weakened to 30.91 per US dollar from 30.61 on Thursday after […]
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