According to a new think-piece released by Visa, small businesses have demonstrated their resilience by adapting quickly to the impact of COVID-19. One notable adaptation has been the sector’s accelerated shift to digital-first commerce. More than two-thirds (67 percent) of small businesses reported taking new approaches since the start of COVID-19. More than a quarter […]
Read MoreThe country needs to well prepare for conditions to compete with its rivals in attracting foreign investment. South Korea’s LG Electronics Inc. announced that a Vietnamese factory in the northern province of Hai Phong and one in Nanjing (China) are two major sites in its automotive electronics productions abroad. The move of part of the company’s […]
Read More[JAKARTA] Indonesia’s trade surplus widened slightly in February, with exports continuing to rise while imports grew for the first time since June 2019 due to low base effect, data from the country’s statistics bureau showed on Monday. February’s surplus was US$2.01 billion, compared with a US$2.21 billion surplus expected in a Reuters poll and a […]
Read MoreMANILA, Philippines — The national government spent P962.466 billion to settle its local and foreign debts in 2020, according to the Bureau of the Treasury (BTr). Debt service payments for the whole of 2020 rose by over 14 percent from P842.45 billion in 2019 as principal payments, paid on a monthly basis, were ramped up […]
Read MoreWork is no longer something that takes place only in brick-and-mortar stores, high-rise office buildings or factories, but also in virtual space, thanks to the rise of fast and always-on information technology. Digitisation has created new and diverse markets, with more and more workers involved in a new labour ecosystem that has the potential to […]
Read MoreSINGAPORE – Singapore companies are looking at the second quarter with a hopeful anticipation they had not expressed in the past 12 months, a survey found. Local businesses are expecting improved sales volume, net profit, selling prices, new orders, inventory and employment levels in the April-June period, according to Singapore Commercial Credit Bureau’s (SCCB’s) quarterly […]
Read More
Thailand
