Last year more than 40 billion packages were delivered in China – half the world’s global total. In other impressive statistics, China has 40 per cent of the road freight in OECD countries and around 24 per cent of rail freight. Given that logistics account for around 14 per cent of China’s GDP, well above […]
Read MoreThe government should start refashioning its institutions and policies as soon as possible to adapt to the fourth industrial revolution (4IR), which is already impacting all aspects of Cambodian society in ways that are hard to anticipate, an Asian Development Bank (ADB) economist said Friday. Speaking at a high-level seminar on 4IR and regional cooperation, […]
Read MoreKUALA LUMPUR: The key surprises in the Budget 2019 proposals are higher gaming tax and real property gains tax (RPGT), says CIMB Equities Research. It said on Monday the sector winners include healthcare and tobacco, while casino, aviation and property sectors are likely to see some dent to their earnings. “The key measures from the Budget could lower our 2019 FBM KLCI earnings growth forecast by one […]
Read MoreMANILA, Philippines — The escalating trade war between China and the US is expected to have a minimal effect on the Philippines but at the same time, the country cannot benefit massively from the shift in production chains, according to a new report by The Economist Intelligence Unit. In the report issued over the weekend […]
Read MoreSMART machines, digital technology and global oversupply have prompted businesses and industries to find their “blue oceans”, according to Professor W Chan Kim, director of the INSEAD Blue Ocean Strategy Institute. Kim, who is also co-author of the 2017 book “Blue Ocean Shift”, said at th recent Krungsri Business Forum in Bangkok that the global output of goods will continue rising […]
Read MoreBrunei has risen to 55 out of 190 economies in the World Bank’s latest rankings for ease of doing business, an improvement of one spot from the year prior. The Sultanate’s score of 72.03 percent is the fourth highest amongst ASEAN countries, behind Thailand, Malaysia and Singapore who came second overall for the third consecutive […]
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