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Philippines: Car sales skid 16% in 2018

MANILA, Philippines — Local vehicle assemblers ended 2018 with a 16 percent decline in sales compared to a year ago, but are confident of seeing better performance this year.  A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) released yesterday showed total vehicle sales […]

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Business interruptions, cyber incidents top risks to Singapore firms in 2019: Poll

SINGAPORE firms say business interruptions (BIs) and cyber incidents are the biggest risks they face this year according to a survey by Allianz Global Corporate & Specialty (AGCS). Of the 200 Singapore respondents to its Allianz Risk Barometer 2019 poll, 43 per cent selected BIs and 42 per cent cite cyber incidents as the top risk, outpacing fire and natural catastrophes. In total, 2,415 respondents from 86 […]

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Southeast Asia: A bright spot for global investors hid

ASK MANY American, German or Canadian businesses or investors about “Asian business opportunities,” and they are likely to think “China,” and perhaps “India.” Southeast Asia – home to countries including Indonesia, Malaysia, Singapore and the Philippines – is likely to be an afterthought.  That is a pity. After all, this fast-growing region is worth a […]

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Vietnamese exports to be sold via Amazon

HANOI — The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade will work with Amazon to help Vietnamese small and medium-sized enterprises (SMEs) join the firm’s e-commerce system. Vietnam Trade Promotion Agency and Amazon Global Selling organised an event to announce the co-operation with the company in Hanoi on Monday. Besides supporting Vietnamese enterprises with export promotion via international exhibitions or […]

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