The manufacturing sector recorded an accelerated downturn in April as a result of COVID-19, according to a survey from IHS Markit. The headline IHS Markit Myanmar Manufacturing PMI (Purchasing Managers Index) plummeted to 29.0 in April from 45.3 in March, signaling a severe decline in manufacturing business conditions in Myanmar. The PMI is a composite […]
Read MoreApple is running a large recruitment campaign in Vietnam, while many other foreign technology firms are considering pouring capital into projects in the country. For several months, Apple has been posting recruitment notices on its official website and LinkedIn in its largest-ever recruitment campaign in Vietnam. Analysts noted that Apple is not only seeking candidates […]
Read MoreKUALA LUMPUR, May 7 — Anxiety filled most Malaysian hearts when the government imposed the first two weeks of lockdown to curb Covid-19. But by the fourth week, more had adapted and began to feel at ease with the restrictions, a survey by market research firm Vase.ai found. The survey polled over 1,000 Malaysians from […]
Read MoreWeaker foreign direct investment inflow on the back of the Covid-19 pandemic and a likely preference by the central bank for a weaker Vietnamese dong to support export competitiveness would be key drivers of dong weakness over the near term, although any currency weakening will be measured to avoid potential punitive measures from the US, experts forecast. Fitch Solutions […]
Read MoreCambodia and South Korea have taken a step closer this month to the two nations Free Trade Agreement (FTA) with a feasibility study being signed between South Korea’s Trade Minister Yoo Myung-hee and Cambodian Commerce Minister Pan Sorasak in the Korean city of Busan last November. Seang Thay, a spokesperson for the Ministry of Commerce, […]
Read MoreTrueMoney Wallet, the largest prepaid electronic purse, saw leapfrog growth in March in terms of online payment and new customer acquisition as the viral outbreak ushered in a change in consumers’ spending patterns. Monsinee Nakapanant, co-president of Ascend Money Co Ltd, the operator of TrueMoney, said transaction amounts of the company’s digital wallet have grown […]
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Thailand
