sin01
Read More

Singapore wants open supply chains as US levels China chip curbs

SINGAPORE is pushing for “open, inclusive” tech supply chains to counteract accelerating economic bifurcation after the US moved to restrict China’s access to cutting-edge semiconductors. Speaking at an event on Wednesday (Nov 9), Minister of Foreign Affairs Vivian Balakrishnan said such divisions would be inflation, supply chain disruptions, slower technological progress and “further disrupt global systems.” […]

Read More
malay02
Read More

Malaysia: GDP for 3Q likely to be stronger

PETALING JAYA: Despite slower expansion of the industrial production index (IPI) for September this year, the gross domestic product (GDP) growth for the third quarter (3Q22) is expected to be stronger than 2Q22 but set to slow down in 4Q22. The domestic economy in 2Q22 expanded by 8.9% year-on-year (y-o-y) from 5% y-o-y in 1Q22. […]

Read More
th06
Read More

Thailand: Call for stimulus as slowdown looms

The Thai economy, which is struggling to recover from the impact of the pandemic and the Russia-Ukraine war, likely faces a new slowdown as a global recession is expected next year, says the Federation of Thai Industries (FTI). The group advised the government to continue supporting the economy, although the Thailand Industry Sentiment Index increased in […]

Read More