Vietnam is set to see 55% of the local population regularly participate in online shopping activities by 2025, with the value of goods purchased through the internet and online services reaching an annual average of US$600 per person. The Department of E-Commerce and Digital Economy under the Ministry of Industry and Trade believes that e-commerce […]
Read MoreMANILA, Philippines — Local factory operations finally came within striking distance of stabilizing in November after months of slump when businesses were shut down by lockdowns and the health crisis. Results of a monthly survey of 400 companies showed the Philippines’ purchasing managers’ index (PMI) — a measure of manufacturing output — rose to 49.9 […]
Read MoreKUALA LUMPUR: Malaysia recorded a total of RM109.8 billion worth of approved investments in the manufacturing, services and primary sectors for the first nine months of this year, said the International Trade and Industry Ministry (MITI). The manufacturing sector contributed RM65.3 billion or 59.5 per cent, followed by services (RM42.8 billion or 39.0 per cent) […]
Read MoreThe Hanoitimes – While purchasing activity and employment were scaled back, business sentiment improved to a 16-month high. The Vietnam Manufacturing Purchasing Managers’ Index (PMI) dipped fractionally below the 50.0 no-change mark to 49.9 in November, signaling broadly unchanged business conditions during the month, according to Nikkei and IHS Markit. This followed a reading of 51.8 […]
Read MoreThe government has set an ambitious target for itself – making Thailand one of the top 10 countries in the world for ease of doing business in the next two years, said Deputy PM Supattanapong Punmeechaow, who doubles as energy minister. Thailand was ranked 21 in the World Bank’s Ease of Doing Business 2020 list […]
Read MoreKUALA LUMPUR: Malaysia’s November manufacturing purchasing managers’ index fell to 48.4 from 48.5 in October, according to IHS Markit data. According to Bloomberg, the index was down from 49.5 a year ago and it was the lowest reading since May this year. “Output falls to 46.3 vs 47 in October. Lowest reading since May 2020 […]
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