MANILA, Philippines — Despite a modest improvement in manufacturing conditions in August, the Philippines led the recovery in business conditions in the ASEAN region during the month, according to the IHS Markit ASEAN Manufacturing Purchasing Managers’ Index (PMI). Operating conditions in ASEAN manufacturing firms deteriorated at the fastest pace since November 2015 in August as […]
Read MoreThe Hanoitimes – Southeast Asia’s startup space has been led by Indonesia and Singapore, which claim six of the eight regional unicorns. Vietnam, however, “certainly has the potential to establish itself as Southeast Asia`s next leading startup ecosystem,” noted a joint research by ESP Capital and Cento Ventures. Out of US$5.9 billion invested in Southeast Asian […]
Read MoreKUALA LUMPUR: Malaysia’s July exports expanded by 1.7% to RM87.96bil from a year ago, exceeding a Bloomberg forecast of a 2.5% on-year decline. The Minister of International Trade and Industry said in a statement on Wednesday it was the highest export value ever recorded for July. “Expansion in exports was contributed mainly by higher exports […]
Read MoreBitcoin Co Ltd’s recent closure announcement is unlikely to have a negative effect on Thailand’s digital asset industry because there are about 10 other companies applying to become authorised digital asset exchanges, says the Securities and Exchange Commission (SEC). Bitcoin Co’s decision to cease its business operations could be because it does not want to […]
Read MoreCambodia was the fifth largest exporter of organic rice to the European Union last year, with local companies confident exports will continue to rise in the coming years. Demand for organic rice in the EU and other key markets like the United States, Australia, and China is soaring as consumers become more environmentally and health-conscious, […]
Read More[TOKYO] Juul Labs Inc, the e-cigarette pioneer grappling with negative publicity and government crackdowns in the US, is setting its sights on Asia, home to half the world’s smokers. The San Francisco company in recent months has begun selling its vaping devices in South Korea, Indonesia and the Philippines, and is looking into entering more […]
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