At a time when the need to guard against cyber threats is more urgent than ever, 52% of the cybersecurity technology used by companies in Thailand is considered not up to the task, say tech professionals surveyed by Cisco Systems. The findings are part of the multinational networking equipment company’s global survey, “Security Outcomes Study […]
Read MoreMANILA, Philippines — The economy likely expanded by more than seven percent in the fourth quarter of 2021, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the country’s gross domestic product (GDP) likely grew by 7.6 percent in the fourth quarter of 2021. “Fourth quarter growth will be above seven percent. […]
Read MoreSINGAPORE – Manufacturing activity grew for the 18th straight month in December, amid optimism in the industry that growth will continue into this year, data out on Tuesday (Jan 4) showed. This was despite concerns over the Omicron variant of Covid-19 and disruptions to supply chains, experts said. The December reading of the Singapore Purchasing Managers’ Index […]
Read MoreThe return of quarantine and lockdowns in many countries, combined with the massive disruption in international air travel at the end of last year cloud the outlook for the beleaguered tourism industry, according to Fitch Ratings. In their update on the sector in the fourth quarter of 2021 Head of Sovereign Ratings for Asia-Pacific Stephen […]
Read MoreMANILA, Philippines — The Philippines wants more foreign investments in the construction and information technology-business process management (IT-BPM) sectors which are poised for continued growth, the Department of Trade and Industry (DTI) said. In a statement, the DTI’s export promotions arm Center for International Trade Expositions and Missions said developments in the construction and IT-BPM […]
Read MoreE-commerce operator Lazada has pledged to raise seller and buyer experiences on its platform and boost its ecosystem to ensure long-term business sustainability, while aiming to break even or make a profit over the next three years. James Dong, chief executive of Lazada Thailand and Vietnam, said Lazada had enjoyed strong growth over the past […]
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