SINGAPORE: Southeast Asia’s internet economy is forecast to reach US$1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, according to an industry report released on Wednesday. The report, by Alphabet’s Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company, said the region […]
Read MoreKUALA LUMPUR, Nov 10 — Kenanga Investment Bank Bhd has revised its forecast for Malaysia’s 2021 manufacturing production upwards to 8.5 per cent from 7.0 per cent projected earlier, driven by an expected surge in domestic demand. The revision was made following the rebound in the country’s Industrial Production Index (IPI) for September, where it grew by 2.5 per […]
Read MoreAS the year draws to a close, Singapore’s recovery is still on track, with economic growth expected to stay above trend in 2022 as well. However, headwinds and downside risks remain, and the sectoral picture remains uneven. Here are five challenges to watch out for as we approach the new year. 1. Inflationary pressures The […]
Read MoreThe Vietnam Railway Authority has proposed the Ministry of Transport call for foreign investments in six projects. The rail projects comprise one running to the northern port city of Hai Phong, the Bien Hoa-Vung Tau and Trang Bom-Hoa Hung projects, the eastern ring railway in Hanoi, the light railway from Thu Thiem to Long Thanh […]
Read MoreMANILA, Philippines — The country’s manufacturing output sustained its three-digit gains for six consecutive months, although at a slower pace in September as base effects are starting to wane. Factory output, as measured by the Volume of Production Index (VoPI), went up 124 percent in September, significantly lower than the 534 percent hike in August, […]
Read MoreViet Nam’s Ministry of Transport on Monday asked for the Prime Minister’s approval on the three-phased resumption of regular international flights to Viet Nam, with the first phase starting in the first quarter of next year. This includes Cambodia. Under the ministry’s proposal, Vietnamese and foreigners from 15 countries and territories – China, Hong Kong […]
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Thailand
