SINGAPORE: The US-China trade war is threatening to drag export-reliant Singapore into a recession and aggravating underlying risks facing the former tiger economy. Singapore’s economic data have gone from bad to worse this month. Exports slumped to their second-worst rate since the global financial crisis, the purchasing managers index slipped into contraction for the first […]
Read MoreA lack of updated information on the Myanmar government’s priorities will no longer be a major challenge for Thai and foreign companies keen to invest in Myanmar, as the latest developments in its business scenario are to be shared at the fourth edition of Myanmar Insight seminar next month. Speaking at a press conference on […]
Read MoreThailand was ranked 56 out of 194 countries in the Government AI Readiness Index 2019 while Singapore sat top of the chart, according to UK-based consultancy Oxford Insights. Thailand was given a 5.458 rating out of 10, one spot above Indonesia at 57, which gained a score of 5.42. Malaysia was ranked 22nd with a […]
Read MoreGlobal telecom firms are enthusiastic about the roll-out of 5G, according to a report prepared by Vertiv and technology analyst firm 451 Research released today. The report, titled “Hopes and Fears: From Energy Costs to Edge Computing Transformation” lays out the results of an in-depth survey of more than 100 global telecom decision makers with […]
Read MorePETALING JAYA: The country’s consumer price index (CPI) rose 1.5% in June, in line with analyst expectations, due to the low base effects arising from the removal of the goods and services tax (GST) last year. The Statistics Department said in a statement that the abolition of the GST had led to the increase in […]
Read MoreIndonesia kicked off on Thursday operations of the country’s first microalgae-based biotechnology company, which is expected to ease the pharmaceutical industry’s dependency on imports of raw materials. Belonging to PT Evergen Resources, the facility was inaugurated by Health Minister Nila F. Moeloek in Kendal, Central Java. According to Evergen Resources founder and CEO Siswanto Haryanto, Evergen Resources […]
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