vn02
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Intel channels additional $475 million into Vietnam

Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Director of Finance Alan Danner said on January 27. He made the announcement during a meeting with businesses hosted by Saigon Hi-tech Park (SHTP) in Ho Chi […]

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malay02
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Malaysia: Producer prices fall at slower pace in Dec

KUALA LUMPUR: The Producer Price Index (PPI) for local production declined at a slower rate of 2.1% year-on-year (y-o-y) in December 2020 compared with 3.0% in November 2020. The Statistics Department said the continuous increase in the index of agriculture, forestry & fishing (23.5%) and the positive change in manufacturing index (0.2%) reinforced the momentum […]

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th02
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Thailand: Survey finds interest in reopening borders

Several local residents and tourism operators surveyed want Thailand to reopen borders to international tourists with a 14-day quarantine still in place, according to the Tourism Council of Thailand (TCT). A survey conducted by TCT found 60% of locals and 50% of tourism operators agree with the idea, said Chamnan Srisawat, TCT’s president. A mandatory […]

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Coronavirus pummels Philippines to worst crash on record

MANILA, Philippines (UPDATE 12:14 p.m., Jan. 28) — The Philippine economy expectedly shrank the largest on record last year after the coronavirus pandemic messed not only with the country’s hard-earned economic laurels but also with its ambitions to become a middle-income economy under President Rodrigo Duterte. The health crisis’ impact was so severe that the slump in gross […]

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