SINGAPORE’S construction sector faces increasing risks of a protracted slowdown in growth in the medium term, due to the poorer global economic outlook over the next few years, Fitch Solutions Macro Research said in a report on Monday. The sector will see growth weakening to 2.7 per cent in 2020 and 0.5 per cent in […]
Read MoreThe minimum wage hike has emerged as the latest hot potato for the ruling Palang Pracharath Party (PPRP) after labour groups piled pressure on the government not to backtrack on its election promise. Meanwhile, the Democrat Party has urged the government to adopt its income guarantee initiative to help achieve the target of raising the […]
Read MoreMore manufacturers have relocated from China to Southeast Asia over the past few years, largely because labour costs on the mainland have become less and less competitive. The trend has been reinforced by the China-US trade war that began in 2018. A new research report by the property consultancy JLL indicates that Vietnam, Thailand and […]
Read MoreKUALA LUMPUR: SME Bank Malaysia Bhd, which is embarking on a two-year transformation programme, is targeting to approve RM3.5bil in financing to small and medium enterprises (SMEs) this year. Group president and CEO Aria Putera Ismail (pic) said the amount, which it is targeting to approve, is higher than last year’s figure of RM1.8bil. Since […]
Read MoreMANILA, Philippines — A tighter timeline to finalize concession agreements has been set by the government for proponents who have submitted unsolicited proposals for port projects. Philippine Ports Authority (PPA) general manager Jay Santiago said he has been ordered by Transportation Secretary Arthur Tugade to wrap up negotiations for unsolicited proposals within a maximum of […]
Read MoreThe Cambodia – Indonesia Friendship Trade Fair will be held this weekend in Siem Reap, with Indonesia hoping it will serve to boost trade between the two nations. For in depth analysis of Cambodian Business, visit Capital Cambodia Speaking in a press conference Friday, Indonesian Ambassador Sudirman Haseng said the upcoming trade fair will “boost economic […]
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Thailand
