THE Monetary Authority of Singapore (MAS) announced on Thursday that it will be taking steps to boost Singapore dollar (SGD) and US dollar (USD) funding for banks, in efforts to promote more stable funding conditions and to strengthen the sector’s resilience. Among the measures is a new MAS SGD Term Facility which will be introduced […]
Read MoreOperators oppose the idea of monopolising the foreign tourism market through the Thailand Longstay Company’s management, saying the private sector is better able to handle this market. Thailand is considering reopening the border for retired tourists in the fourth quarter this year in a designated area in the southern part of the country, said Udom […]
Read MoreFood company PT Malindo Food Delight launched on Tuesday its first export to Japan amid declining global trade due to the COVID-19 outbreak. Malindo Food Delight shipped 6 tons of chicken products including nuggets and sausages worth Rp 156 million (US$10,597) to the East Asian country. The company produces 9,000 tons of such products each […]
Read MoreMANILA, Philippines — Factory gate prices declined at a slower pace in July as five industry groups registered growth in selling prices, the Philippine Statistics Authority (PSA) said. The Producers Price Index covering the manufacturing sector registered a 3.3 percent contraction in July – slower compared to the 3.9 percent drop in June. This, however, […]
Read MoreThe Hanoitimes – Following the first wave of investment in the 1990s, a second wave from Taiwanese companies to Vietnam is taking place with a focus on electronics and hi-tech fields. As Taiwanese enterprises are restructuring their investment activities, Vietnam remains an attractive destination, according to Richard Shi, head of the Taipei Economic and Cultural Office […]
Read MoreKUALA LUMPUR: Local companies should view the pandemic situation and the international border closures as an opportunity instead of a barrier to expand business overseas. Malaysia External Trade Development Corp (Matrade) deputy chief executive officer Sharimahton Mat Salleh said local companies should not be contented with the domestic market and should double their efforts to […]
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