SINGAPORE, Aug 26 — With rising global uncertainties in a post-Covid world, “high trust locations” will be sought after and attributes such as trust and reliability will be fundamental to businesses in deciding where to house regional or global headquarters. And in this regard, Singapore can seize the opportunity as a hub in the “increasingly important […]
Read MoreThe Commerce Ministry has set a goal to raise Thailand’s international trade value to Asia’s top five by 2027, up from eighth in 2019, by focusing on value-added industries such as digital, food and healthcare. To achieve the goal, Thailand would need to fetch at least $12 billion in export value a year or $1 […]
Read MoreJAKARTA: Indonesia’s economic recovery was “very fragile” and could reverse as shown by tax revenue data in July, the country’s finance minister said yesterday, warning that the economy faced a struggle to avoid a recession. Revenues had improved temporarily in June after coronavirus-induced restrictions were eased, but the improvement stagnated in July and contributions from […]
Read MoreThailand’s largest agro-industrial company, Kaset Thai International Sugar Corp Pcl (KTIS Group), is interested in investing in a whisky distillery in Cambodia, according to Cambodian Ambassador to Thailand Ouk Sorphorn. The company expressed its interest during a visit by Sorphorn last week. He was visiting to learn about KTIS Group’s production line of sugar and […]
Read MoreMANILA, Philippines — The non-performing loan ratio (NPL) of local banks may double to 4.6 percent by end-December from 2.4 percent in March as businesses and consumers grapple with the impact of the pandemic, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP). In a virtual conference organized by Japan-based Nomura, BSP […]
Read MoreRetailers more than ever are leaning on cloud computing to capitalize on a surge in online shopping without overloading their information-technology systems. Sparked by the coronavirus pandemic, the upswing in e-commerce is a boon to most cloud vendors, but especially Google’s cloud-services unit. Google Cloud, a division of Alphabet Inc., trails far behind front-runners Amazon.com […]
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