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Malaysia’s PPI declined by 1.8% in June 2019

PETALING JAYA: Malaysia’s Production Price Index (PPI) declined by 1.8% year-on-year (yoy) in June 2019, led by agriculture, forestry & fishing (-9.2%), mining (-6.4%), water supply (- 1.8%) and manufacturing (-0.8%). “Meanwhile, the index of electricity & gas supply edged up by 1.8%,” said Statistics Department chief statistician Datuk Seri Dr Mohd Uzir Mahidin in a […]

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ABB supports The Making of Indonesia 4.0

The world is undergoing transformational technological change. Intelligent machines, self-driving cars, mobile supercomputing, genome editing, neuro-technological brain enhancements. These dramatic changes are happening now at exponential speed. This revolutionary change called the fourth industrial revolution (Industry 4.0) has had an impact on the way people live, work and communicate. It is reshaping government, education, health […]

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Thailand: Cashless movement picks up steam

Online payments are growing exponentially as banks and tech firms enter the segment While cash remains king in Thailand, dominating 90% of the country’s total payment value, exponential growth in online payments after banks waived digital transaction fees and a consumer shift towards digital platforms suggest the notion of a cash-free society is gathering steam. […]

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Vietnam’s manufacturing activity jumps most in eight months

The Hanoitimes – Should the purchasing managers’ index (PMI) remain around the current level for the rest of the quarter, PMI-based estimates suggest that manufacturing output will be set for further double-digit year-on-year growth in the third quarter of 2019, said an expert. Vietnam’s manufacturing production rose sharply in July, with the rate of expansion quickening […]

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