MANILA, Philippines — Local factories returned to expansion mode in the first month of the year, with manufacturers ramping up production as demand slowly get back to pre-pandemic levels. Results of a monthly survey of 400 companies showed the Philippines’ purchasing managers’ index — a measure of manufacturing output — rose to 52.5 in January, […]
Read MoreThe United Nations has declared this year the International Year of Creative Economy for Sustainable Development. Indonesia, having sponsored the proposal and proposed the theme of “Inclusively Creative: A Global Recovery”, will lead the initiative to promote the creative economy, which is expected to become a new driver or prosperity. The creative economy is an […]
Read MoreYANGON: All Myanmar banks were closed nationwide on Monday following a military coup, declaration of a state of emergency and the detention of de facto civilian leader Aung San Suu Kyi. “All member banks of Myanmar Banks Association are to close their bank unanimously starting from February 1,” according to an announcement by the association, […]
Read MoreIt is feasible Thailand could receive 5 million international arrivals this year, half the original forecast of 10 million as the pandemic continues to ravage the tourism industry worldwide, according to the Tourism and Sports Ministry. “If we can attract 5 million tourists this year under the current circumstances, that would be a success,” said […]
Read MoreSINGAPORE – Singapore is working to grow its strong manufacturing base and seeks to attract the top players to anchor their operations here, said Trade and Industry Minister Chan Chun Sing on Monday (Feb 1). The manufacturing industry remains a key pillar of Singapore’s economy and the Republic wants to build on its existing manufacturing […]
Read MoreKUALA LUMPUR (CNA) – Malaysia cannot afford another total lockdown as it will be “very detrimental” to the country’s economy, said Finance Minister Tengku Zafrul Tengku Abdul Aziz. Speaking to CNA in an exclusive interview, he said the current nationwide Movement Control Order (MCO) that has been enforced in all states except Sarawak until February 4 has […]
Read More
Thailand
