MANILA, Philippines — Prospects for a broader and deeper integration between ASEAN economies and China in the coming decades are “bright” as these countries complement each other in their economic goals, according to a new report by the ASEAN+3 Macroeconomic Research Office (AMRO). In a report titled “China’s Reform and Opening-Up Experiences, Prospects and Implications […]
Read MoreSMALL and medium-sized enterprises in Singapore are seizing on the opportunities presented by Internet of Things technology as part of efforts to digitalise traditional businesses ranging from airport gateway services to restaurants. Among the companies making this leap is Sats Ltd, which uses a small cargo robot, known as an automated guided vehicle (AGV), that […]
Read MorePETALING JAYA: The expected slowdown in Malaysia’s economy is unlikely to affect the country’s sovereign ratings, according to RAM Ratings. The rating agency’s head of sovereign ratings, Esther Lai, described the impact from the projected moderation in economic growth as “transitory rather than structural”. RAM Ratings expects the Malaysian economy to grow at a slower […]
Read MoreTEMPO.CO, Jakarta – Grab and Mastercard will launch special cards for unbankable customers in Southeast Asia, eyeing to dominate the regional market. The companies will issue two types of cards, a physical one and virtual one. The cards are an extension of GrabPay, the e-money product of the ride-hailing app, which Grab users can also use to transact in […]
Read More[SINGAPORE] Fewer people were laid off in the third quarter of this year, while overall unemployment crept up slightly, according to Ministry of Manpower (MOM) statistics released on Friday. But overall, the labour market continued to improve, with total employment growth more than doubling in this period, said the ministry. There were 2,500 retrenchments over the past […]
Read MoreMANILA, Philippines — The Confederation of Sugar Producers’ Associations Inc. (Confed) is calling on the Department of Finance to suspend not just the excise tax on fuel but the implementation of the entire second phase of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. The DOF recently announced the suspension of the hike in excise tax for fuel […]
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