JPMorgan analyst expects 20 percent of iPad, 5 percent of MacBook, 20 percent of Apple Watch and 65 percent of AirPods production to be located in Vietnam in 2025. Viet Nam is emerging as the production hub for components (camera modules) and electronic manufacturing services (EMS) of smaller-volume products (Apple Watch, Mac, iPads) and is already […]
Read MoreThe Bank of Thailand (BoT) is ready to adjust the pace of tightening monetary policy if needed and would be prepared to hold an off-cycle meeting if necessary, the central bank chief said on Thursday. On Wednesday, the central bank raised its key interest rate by a quarter point at its regular meeting to 1.00% to […]
Read MoreKUALA LUMPUR: Malaysia’s tourism industry generated RM197.9 billion of “gross value-added of tourism industries” (GVATI), contributing 12.8 per cent to the gross domestic product (GDP) in 2021, compared to 14.1 per cent in 2020, according to the Department of Statistics Malaysia (DOSM). GVATI is the difference between total output and total intermediate consumption of the […]
Read MoreThe government will soon introduce an amended law on taxation that is aligned with the provisions of the new Investment Law, said Kong Vibol, Delegate of the Royal Government in charge as Director General of the General Department of Taxation, yesterday. Giving the keynote address at the first Tax Updates and Audits Forum organised by […]
Read MoreDisbursement of foreign direct investment (FDI) in the first nine months of this year reached 15.4 billion USD, up 16.2 % year-on-year and marking a record high, a report from the Foreign Investment Department (FIA) has shown. These positive figures showed that foreign-invested enterprises have been constantly recovering and expanding their production and business activities […]
Read MoreThe World Bank has painted a rosy picture for East Asia and the Pacific region excluding China for this year. The growth in the region outside China is likely to pick up to 5.3 percent in 2022 from 2.6 percent in the previous year, says the East Asia and Pacific October 2022 Economic Update of […]
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