The Business Sentiment Index (BSI) dropped to 47.4 in November 2019, which was below the 50 threshold for eight consecutive months due largely to weaker confidence in the manufacturing sector, according to a central bank report on Monday (December 2). However, the confidence of respondents in the non-manufacturing sector held steady this month, the report […]
Read MoreSmall but not slow, SMEs (Small and Medium Enterprises) in Southeast Asia (SEA) are quickly adopting new technologies to lower the barrier of entering markets and catch up with more prominent players – much like their enterprise counterparts. Lean, agile teams that are free from the burden of legacy infrastructure are nimbly adopting off-the-shelf, innovative technology in their […]
Read More[SINGAPORE] All 22 Sasa International shops in Singapore will be shut down, the cosmetics retailer announced on Monday, in a move that is likely to affect about 170 workers. The company said its decision came after its stores in the Republic recorded losses for six consecutive years despite its efforts to turn the business around. […]
Read MorePrime Minister Prayut Chan-o-cha has called for the nation to spend in US dollar terms to increase capital outflows and weaken the baht. “We need to think about how expenditures can be made in dollar terms to boost capital outflows. The country’s strong financial position attracts investors to use Thailand to park their money and […]
Read MoreINDUSTRY players could see an increase in trading prices for Malaysian Sustainable Palm Oil (MSPO)-certified palm oil as the government sets a mandatory standard beginning 2020. The Malaysian Palm Oil Board (MPOB) DG Dr Ahmad Parveez Ghulam Kadir (picture) said the MSPO certification processes along the palm oil supply chain could increase operation costs in order to […]
Read MoreThe Hanoitimes – The move is aimed to help develop the automotive supporting industries, particularly as Vietnam still has to import massive basic materials for domestic car production. The Ministry of Finance (MoF) plans to remove import tariffs on input materials for the production of auto parts and accessories, accoding to Vu Thi Mai, deputy minister […]
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