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Malaysia: Manufacturing PMI moderates for tenth time

PETALING 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 gross domestic […]

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Philippines: Factory activity slows in June

MANILA, Philippines — Philippine manufacturing activity in June posted its weakest expansion in nearly a year, as growth in production and new orders eased, according to S&P Global Market Intelligence. In a statement yesterday, S&P Global Market Intelligence said the Philippines Manufacturing Purchasing Managers’ Index was at 50.9 in June, down from 52.2 in May. […]

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The impact of digitalization on Cambodia’s energy market

Digitalization is transforming industries worldwide, and Cambodia’s energy market is no exception. The adoption of digital technologies is driving significant changes in the way energy is produced, distributed, and consumed in the country. This shift towards digitalization is not only improving efficiency and reducing costs but also opening up new opportunities for sustainable development. Cambodia’s […]

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Thailand: Banking and investment IT spending brisk

Information technology spending by worldwide banking and investment service businesses is forecast to grow this year by 8.1% to US$652.1 billion, according to Gartner Inc. Spending on software will record the largest growth with an increase of 13.5% from 2022, the tech industry research and consulting group said. Spending in Thailand is forecast to reach […]

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