The Securities and Exchange Commission (SEC) is tightening rules for cryptocurrency trading to increase investor protection, demanding digital asset operators include risk disclosure in their advertisements and prohibiting them from providing services or supporting deposit taking and lending. Effective July 31, cryptocurrency exchange operators, brokers and traders must provide a warning about the potential risks associated […]
Read MoreMANILA, Philippines — Philippine factories saw output growth in June slide to its weakest in 10 months, but an analyst expects demand for locally-made exports to pick up in the coming months., Results of a survey of around 400 companies showed the Philippines’ Purchasing Managers’ Index (PMI) — a measure of factory output — retreated […]
Read MoreANN/THE PHNOM PENH POST – Cambodia witnessed an average annual inflation rate of 1.9 per cent in the first quarter of 2023, down from 5.9 per cent a year earlier and 3.2 per cent in the fourth quarter, as the protracted Ukraine situation and international geopolitical tensions continued to stifle global consumer demand and impede […]
Read MorePETALING JAYA: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) fell slightly to 47.7 in June from 47.8 in May to indicate a tenth consecutive moderation in operating conditions that was the strongest since January. “The latest reading suggests that the weaker trends in official data for manufacturing production and GDP were […]
Read MoreThe index of industrial production (IIP) in the first half of 2023 grew by only 0.44% compared to the same period last year due to decreasing orders, falling demand and rising input costs, according to the General Statistics Office (GSO). The office pointed out that, in the period, the IIP of some key industries increased […]
Read MoreManufacturers in 25 industries are adjusting their production plans following an export downturn that caused a drop in value for eight consecutive months, says the Federation of Thai Industries (FTI). These industries, notably furniture, machinery, steel and iron, and construction materials, depend on sales to the US as well as European and Asian countries. According to […]
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