INVESTMENT commitments secured for Singapore in the second quarter of 2022 amounted to S$6.3 billion in fixed asset investment (FAI) and S$2.1 billion in total business expenditure (TBE), according to the latest Economic Survey of Singapore released on Thursday (Aug 11) morning. The figures refer to investment commitments garnered by the Singapore Economic Development Board. […]
Read MoreThe Garment Manufacturers Association in Cambodia (GMAC) on Wednesday expressed concern over a decline in purchase orders from Western countries for the second half of 2022. GMAC Secretary-General Ken Loo said the unstable global situation and the likeliness of an economic downturn mainly in Western countries have raised “serious concern over the export situation for […]
Read MoreMANILA, Philippines — Earnings of Philippine banks went up by 16.7 percent to P143.12 billion in the first half from P122.67 billion in the same period last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. Preliminary data showed the operating income of banks in the country rose by 4.3 percent to P471.32 billion […]
Read MoreThe Federation of Thai Industries (FTI) does not agree with the Labour Ministry’s plan to enforce a new minimum wage hike on Oct 1, which is earlier than originally anticipated, as businesses will be flooded with too many financial burdens, notably a rise in the Bank of Thailand’s policy rate and higher electricity bills. Kriengkrai Thiennukul, […]
Read MoreRising global inflation occurring in several major consumer markets such as the United States, Japan, and the EU, are putting increasing pressure on Vietnamese exporters. Since the end of May, exports activities conducted by Vietnamese enterprises in many key markets have shown signs of deceleration as a direct result of inflation. According to a representative […]
Read MoreCambodia’s travel goods export to the US has increased by 59.5 percent in the first half of this year though the General Specialized Preference (GSP), which offers trade preference to the Kingdom’s travel goods, has not yet been renewed by the country. Figures from the Cambodia Travel Goods and Leather Association showed that the export […]
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