MANILA, Philippines — Philippine manufacturing activity registered a subdued recovery in June, bucking the contraction in factory output in the ASEAN region, according to the latest IHS Markit Manufacturing Purchasing Managers’ Indices (PMI). Local goods producers in the Philippines reported an expansion in new orders amid a soft increase in new orders. Export sales, meanwhile […]
Read MoreLOCAL firms’ payment performance has worsened following a previous quarter rebound, the Singapore Commercial Credit Bureau (SCCB) said on Tuesday. For the second quarter, prompt payments accounted for less than half of total payment transactions, while slow payments accounted for more than a third of total payment transactions. Prompt payment refers to when 90 per […]
Read MoreMore people in Indonesia are searching for online loans, resulting in the country overtaking its peers Vietnam and Philippines by significant margins. At the beginning of 2017, online loans were more popular in the Philippines whereas in Indonesia they were almost at the same level as in Vietnam according to research by Robocash Group. Overall, demand […]
Read MoreMUMBAI: Malaysian palm oil futures rebounded on Monday from their lowest in seven months, following gains in rival soyoil, but an expected rise in output and weak exports capped the upside. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange closed up 0.31%, or 6 ringgit, at 1,957 ringgit ($473.6) per tonne, after […]
Read MoreIndonesia’s gross domestic product (GDP) grew 5.1 percent in the first quarter, consistently within a narrow range of 4.9-5.3 percent for the last 14 quarters, according to the World Bank’s June 2019 Indonesia Economic Quarterly released on Monday. “Despite capital outflows from emerging markets in 2018 that were larger than during the ‘taper tantrum’ in 2013, Indonesia’s […]
Read MoreAn inter-ministerial meeting on Monday addressed issues surrounding tourist boats, highlighting problems such as owners failing to pay taxes, failing to carry correct documents and overloading their vessels. The meeting, chaired by the Ministry of Tourism and presided over by the ministry’s secretary of state Chea Bora, called on the government to establish an inter-ministerial […]
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Thailand
