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Singapore’s industrial production grows 24.2pc in September

SINGAPORE (XINHUA) – Singapore Economic Development Board reported yesterday that the country’s manufacturing output grew 24.2 per cent year on year in September, compared to a revised 15.4 per cent rise in August. Excluding biomedical manufacturing, the output grew 8.5 per cent in September from a year ago. On a seasonally adjusted month-on-month basis, Singapore’s […]

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Thailand: Robinhood eyes customer acquisition

Robinhood, a local food delivery platform under Siam Commercial Bank (SCB), anticipates posting losses for the next three years under a no gross profit (GP) policy to support small merchants. The Thailand-based food delivery platform held the soft launch of its service on Monday, which waives the GP fee, usually in the range of 30-35% […]

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Malaysia: No emergency for investors

PETALING JAYA: Investors let out a sigh of relief after a proposal to enact Emergency rule was denied but political uncertainties continue to shroud the economic and stock market outlook. This uncertainty showed as across Bursa Malaysia, market breadth remained overwhelmingly negative yesterday even after the state of emergency had been averted. A total of […]

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Thailand: Border trade resuming in Mae Sot

TAK: Cross-border cargo trade resumed over the second Thai-Myanmar Friendship Bridge in Mae Sot on Monday morning after Covid-19 restrictions were eased. The lockdown imposed on two communities in the district will be lifted on Tuesday morning Movement of cargo between Thailand and Myanmar over the bridge, at Ban Wang Ta Khian in tambon Tha […]

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