MANILA, Philippines — The Philippines’ economic growth would likely remain under pressure from both external and domestic factors after a disappointing performance in the first half, according to DBS Bank of Singapore. DBS economist Maysita Crystallin said the delayed passage of the 2019 national budget has affected government infrastructure spending on the domestic side, while […]
Read MoreKUALA LUMPUR: Consumer confidence of Malaysians dipped in the second quarter (2Q19) but they are still the tenth most confident globally, according to the Conference Board Global Consumer Confidence Survey. The survey, which is produced in collaboration with Nielsen, has ranked Malaysia 10th globally on the Consumer Confidence Index (CCI), with an index score of […]
Read MoreThailand’s vibrant additive manufacturing (AM) ecosystem is expected to continue its rise with evolving fab labs, new partnerships between academe and the industry and increasing university activities generating more interest and awareness of the technology. A white paper study entitled “Additive manufacturing: adding up growth opportunities for Asean”, recently launched by global engineering giant thyssenkrupp, […]
Read MoreSINGAPORE: Singapore slashed its full-year economic growth forecast on Tuesday, as global conditions were seen worsening and final second quarter data showed the economy shrank 3.3% on the quarter. The government cut its forecast range for the city-state’s gross domestic product to zero to 1% from its previous estimate for 1.5%-2.5%. The second quarter’s 3.3% […]
Read MoreCambodia exported 167,285 tonnes of cashew nuts during the first seven months of the year, official figures show. For in depth analysis of Cambodian Business, visit Capital Cambodia In its latest report, the Ministry of Agriculture said that cashew nut exports have increased significantly since the government pledged to reach one million tonnes in shipments in […]
Read MoreThe Hanoitimes – Vinpearl Air plans to add six planes on average per year to its fleet to reach a total of 30 by 2024, including 21 narrow-body and 9 wide-body aircraft. Vingroup-backed Vinpearl Air is expected to start commercial operation by July next year with six narrow-body aircraft, said the newly-set up airline in a […]
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