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Industry 4.0: Executives on how ‘smart factories’ will impact Cambodia

The next industrial revolution will introduce “smart factories” in which computers and robotics communicating wirelessly will handle physical processes with very little input from human operators, leaving few job opportunities for unskilled workers, executives of German industrial giants said during a briefing in Phnom Penh on Friday. The event, titled “Industry 4.0, the Next Level […]

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Indonesia: Economic Growth Predicted at 5.3 – 5.7 Percent in 2019

TEMPO.CO, Jakarta – Bank Indonesia Deputy Governor Perry Warjiyo has predicted 5.3 to 5.7 percent economic growth in 2019. The increase in economic growth is expected thanks to the economic benefit of ongoing structural reforms. “In 2019, the impact of investment and infrastructure productivity will be very lively. Acceleration of growth will be faster,” he said yesterday, August 25. Perry said […]

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Malaysia’s Sime Darby Q4 profit slides on weak industrial, logistics segments

[KUALA LUMPUR] Malaysia’s Sime Darby, the world’s largest oil palm planter by land size, announced on Friday its fourth-quarter net profit more than halved on weak performances at its industrial, logistics and property segments. The conglomerate, whose interests include plantations, properties and motors, recorded a net profit of 571 million ringgit (S$181.902 million) for the […]

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