MANILA, Philippines — The Duterte administration’s new tax law continued to weigh on the country’s manufacturing sector, which further slowed down in February, according to monthly tracking done by IHS Markit for Nikkei, Inc. The seasonally adjusted Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI) slipped to 50.8 last month from 51.7 in January. A reading […]
Read MoreThe Hanoitimes – The Vietnamese Government expected that the International Trade Centre (ITC), the UN development offices and the World Trade Organization will support the Vietnamese businesses to get access to market information to deeply join in the global supply and value chains. Deputy PM, FM Pham Binh Minh made that statement at his reception for […]
Read MoreSINGAPORE – Workplace automation is expected to double in Singapore in the next three years, according to a survey by advisory, broking and solutions firm Willis Towers Watson. Findings from the 2017 edition of the survey – The Global Future of Work – suggest that automation is expected to account for an average of 29 […]
Read MoreSouth Korea’s Posco Daewoo Steel Co Ltd and Millcon Steel Co Ltd of Thailand will co-invest with the government in a joint venture to operate a state-owned steel factory in Myingyan, Mandalay, according to a statement released by the Ministry of Industry. Posco Daewoo and Millcon Steel have already met with U Khin Maung Cho, […]
Read MoreThai consumers’ preference for digital transactions is credit positive and demonstrates the initial success of Thai banks’ digital strategies, which should eventually allow banks to rationalise their branch networks and improve cost efficiencies, says Moody’s Investors Service. Over time, widespread use of digital banking channels also will allow banks to increase revenue by expanding their […]
Read MorePETALING JAYA: Bank Negara Malaysia (BNM) is not prohibiting banks from dealing with digital currency exchangers or businesses, but it expects them to be extra careful in their due diligence exercise in view of heightened money laundering and terrorist financing risks. The regulator stated this in a policy paper issued following a public consultation on the […]
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Thailand
