SINGAPORE’S manufacturing sector staged a strong comeback in January after output suffered its biggest decline in two years the previous month, with output rebounding by 17.9 per cent year-on-year, thanks to a bounce back in electronics production. This easily topped expectations of a 7.5 per cent rise in production from analysts polled by Bloomberg. Factory […]
Read MorePhilips Thailand Co, a healthcare business arm of Royal Philips, the Dutch electronics company, plans to focus on digital healthcare this year to capitalise on the government’s Thailand 4.0 policy. Viroj Vithayaveroj, the company’s chairman, managing director and general manager of health systems, said Thailand’s 4.0 scheme persuaded the company to focus on selling more […]
Read MoreEquities in Asia’s emerging markets rode a wave of global growth last year, with shares that make up the MSCI Emerging Markets Index delivering a 37% return, but will the big gains continue this year? Some of the world’s top asset managers describe the global outlook for 2018 as a “very positive one” with “room […]
Read MoreThe Hanoitimes – Some weak banks undergoing restructuring might get through the hardest part thanks to unprecedented support measures under a new law, experts have said. The revised Law on Credit Institutions, which has taken effect since earlier this year, includes many regulations to help weak banks rebound and resume their healthy performance with support from […]
Read MoreThe Hanoitimes – In 2018, Vietnam`s wood industry will focus on domestic market to realize the goal of US$ 4 billion in revenue and increase export value to US$ 10 billion, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong. In January, Vietnam shipped US$ 709 million of timber furniture, representing a year-on-year growth of […]
Read MoreMANILA, Philippines — The Philippine Exporters Confederation Inc. (Philexport) has expressed opposition against the classification of value added tax (VAT) exemption as a tax incentive under the second package of the tax reform program, saying this will make exports uncompetitive. In a position paper submitted to the Department of Finance, Philexport aired the group’s reservations […]
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