MANILA, Philippines — Household spending in the Philippines is gathering steam on the back of easing inflation and improving labor market — fuelling consumer optimism, a Fitch unit said Friday. In an analysis sent to reporters, Fitch Solutions said private consumption, which has traditionally been the driving force behind growth in the country, would “remain […]
Read MoreThe Hanoitimes – All Vietnamese transportation sectors, including airports, seaports, toll roads and railways, would be attractive to foreign investors in a general sense. Foreign investors have plenty of opportunities to take part in infrastructure projects in Vietnam as the government prioritizes the sector’s development while the state funding remains insufficient. According to Tran Ngoc Chinh, […]
Read MoreKUALA LUMPUR: Malaysia’s exports in June contracted by 3.1% to RM76.17bil from a year ago, which was a surprise compared with a Bloomberg survey of a 1.9% increase, as exports to China shrank. The Ministry of International Trade and Industry (MITI) said on Friday the June exports were the lowest since February’s RM66.60bil. MITI said […]
Read MoreMANILA, Philippines — Philippine manufacturing conditions improved at the strongest pace during the year in July, on the back of faster growth in new orders, sales and employment, according to the latest IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI). The headline manufacturing PMI for the country rose to 52.1 in July from 51.3 in […]
Read MoreAcross Asia, contract and freelance positions in firms from start-ups to large conglomerates are becoming more commonplace. While still novel in Myanmar, the so-called “gig” economy is expanding as companies turn more cautious when hiring. Meanwhile, workers are opting for the freedom to maintain a better work-life balance or opportunity to earn from diversified sources […]
Read MoreJAKARTA (BLOOMBERG) – Indonesia is planning a slew of incentives for electric-car manufacturers and drivers as it competes with nearby Singapore and Thailand to become the dominant force in South-east Asia for the sector. The move is part of an effort to fortify the local economy and reduce reliance on imported oil. Indonesia, one of the […]
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Thailand
