Foreign investors are making new investments moves into Vietnam on the back of supporting policies and new rules. However, as some legal concerns remain, the development of the next steps still requires some preparation. The European Chamber of Commerce in Vietnam (EuroCham) has just announced the Business Climate Index (BCI) for the second quarter, showing […]
Read MoreSINGAPORE – Manufacturing activity made a surprise jump into expansion territory in July after five straight months of contraction amid the coronavirus-induced slump. However, the outlook for the rest of the year remains uncertain amid a resurgence in infections in several major economies, prompting re-imposition of some lockdown measures. The Purchasing Managers’ Index (PMI) rose […]
Read MoreThe government has ordered state-owned electricity giant PLN to waive minimum monthly electricity fees for businesses, industries and public services to expedite Indonesia’s economic recovery. The fees will be waived for 400,000 such entities for power consumed between July and December. The deductions will be reflected in bills in the following month. The electricity giant […]
Read MoreMANILA, Philippines — Money sent home by overseas Filipino workers (OFWs) contracted for the third straight month, plunging by more than 19 percent in May due to the impact of the COVID-19 pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Based on data released by the BSP, personal remittances fell by 19.2 percent to […]
Read MoreKUALA LUMPUR: The recovery in the Malaysian manufacturing sector continued in July and firms expect market demand to strengthen over the coming year, supporting overall confidence in the 12-month outlook for production. In a note, IHS Markit said that after rising at a joint record pace in June, output continued to expand in the latest […]
Read MoreA revised free-trade pact between Japan and the Association of Southeast Asian Nations (Asean) facilitating the cross-border flow of services and investment came into force on Saturday. The deal took effect for Japan and five Asean members – Laos, Myanmar, Singapore, Thailand and Vietnam. The five remaining members – Cambodia, Indonesia, Malaysia, Brunei and the […]
Read More
Thailand
