SINGAPORE – A $10 million pilot programme to support large and established Singapore-based companies to venture into new growth areas beyond their existing core businesses was launched on Thursday (May 6). The Corporate Venture Launchpad programme will enable such companies to keep ahead of competition and disruption with innovative products, services and business models, said […]
Read MoreMultinationals corporations and foreign-invested enterprises increasingly focus on sustainability in their cooperation with local suppliers, aiming at providing long-term support for small- and medium-sized enterprises to become part of global supply chains. Vietnam is recognised as the world’s leading producer of motorbikes with 3.2-3.5 million units per year. About 80 per cent of components and […]
Read MoreMANILA, Philippines — Port giant International Container Terminal Services, Inc. (ICTSI) opened 2021 in a high note after global trade resumed with the easing of quarantines, benefiting its logistics business. ICTSI recorded a first quarter net income of $102.3 million, 49% up year-on-year. This was due in part to busier port operations, particularly from its Americas business […]
Read MoreThe modern trade sentiment was far from showing any signs of recovery in the first quarter after it plunged to the lowest rate in three quarters as a result of weakened purchasing power amid the Covid-19 crisis. Surong Bulkul, vice-chairman of the Thai Chamber of Commerce said the third wave of the pandemic is expected […]
Read MoreStrong recovery in the US has buoyed bilateral trade with the Kingdom by 16.9 percent – $289.9 million – in the first quarter of 2021 to $1.9683 billion, according to the US Census Bureau. With 75 percent of the US population anticipated to be fully vaccinated in four months and 38.6 percent of the population […]
Read MoreJAKARTA: Indonesia’s economy contracted more than expected in the first quarter (Q1), as one of the fastest vaccine rollouts in South-East Asia hasn’t been enough to revive domestic demand. Gross domestic product (GDP) declined 0.74% in Q1 from a year ago, the statistics bureau said yesterday, worse than the median estimate of -0.65% in a […]
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Thailand
