MANILA, Philippines — Manufacturing activity in the country grew at its fastest pace in six months, supported by strong local demand. A report released by S&P Global Market Intelligence yesterday showed the Philippines’ manufacturing purchasing managers’ index (PMI) rose to a six-month high of 53.1 in December from 52.7 in November. The PMI is based […]
Read MoreA Cambodian researcher said that the Belt and Road Initiative (BRI) projects will be a contributor to the economic growth in Cambodia and in the region in the post-pandemic COVID-19 era and will help Cambodia achieve its ambitious goal of becoming an upper-middle income country by 2030 and a high-income country in 2050. Neak Chandarith, […]
Read MoreSINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates from the Ministry of Trade and Industry (MTI) on Tuesday (Jan 3). This makes last year’s gross domestic product (GDP) slightly better than the official […]
Read MoreINDONESIA plans to set up a crypto exchange this year before it shifts regulatory powers over such assets to the Financial Services Authority (FSA), from a commodities agency. Crypto assets in Indonesia are currently traded alongside commodity contracts under the supervision of the Commodity Futures Trading Regulatory Agency, known as Bappebti. As part of a […]
Read MoreSINGAPORE: Asia’s manufacturers remained under pressure in December as activity continued to contract under the weight of slowing global demand. Several purchasing managers indexes were in negative territory across the region. The S&P Global PMI reading for Vietnam fell to 46.4 points from 47.4 in November, its lowest reading since September 2021. A reading above 50 […]
Read MoreForeign and domestic companies are strongly eyeing to develop data centres in Vietnam, as demand for data storage in the country is increasing. In December, VNG Company put into operation a new and international standard data centre called VNG Data Centre in Ho Chi Minh city. The centre has an initial size of 410 server […]
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Thailand
