SINGAPORE – Singapore’s factory output continued to expand in July, though at a slower rate, thanks to the strong performance by the volatile pharmaceuticals sector, data out on Thursday (Aug 26) showed. Manufacturing output rose 16.3 per cent year on year, marking the ninth straight month of growth. However, growth eased from the revised 28 per cent expansion seen in […]
Read MoreThe domination of foreign ocean carriers and intermediate parties has been causing chaos in seaborne-freight costs, driving exporters and manufacturers into deadlock. Ho Duc Lam, chairman of the Vietnam Plastics Association, expressed his concern for the over 3,000 plastics manufacturers as they have been suffering under the pandemic and in exporting cargo overseas due to […]
Read MoreThe Business Registration System on Information Technology Platform (OBR) Phase 2 will be launched on Sept 1 and will expand its services to many sectors. The launch ceremony will be held virtually under the auspices of Aun Pornmoniroth, deputy prime minister, minister of economy and finance and chairman of the committee on economic and financial […]
Read MoreMANILA, Philippines — A “few” European businessmen have left the Philippines as the pandemic fuels risk-aversion among investors. “There have been few, some who left Philippines. To be honest, I’ll be surprised if they come back,” Lars Wittig, newly-elected president of the European Chamber of Commerce of the Philippines, said in a virtual press conference […]
Read MoreRestaurant operators say they are receptive to Public Health Ministry plans for reopening, which involve tough Covid-19 protocols including a requirement for diners to show vaccination proof. The so-called sandbox concept for the restaurant business, to be applicable to 29 strictly-controlled dark red provinces, is expected to be proposed by the Public Health Ministry at […]
Read MoreKUALA LUMPUR, Aug 26 ― Businesses from all sectors in Malaysia are more pessimistic about their business conditions in the third quarter of 2021 or the months of July to September, the Department of Statistics Malaysia (DoSM) said today. In its latest Business Tendency Survey, DoSM noted that businesses’ confidence indicator had fallen to -21.3 […]
Read More
Thailand
