OVERALL factory activity in Singapore expanded at a slower rate in June, but growth in the key electronics sector gathered steam, according to latest figures from the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday (Jul 4). Singapore’s Purchasing Managers’ Index (PMI) was 50.3 in June, down 0.1 point from 50.4 a month […]
Read MoreThe Council for the Development of Cambodia (CDC) issued investment registration certificate for the construction of a new factory in Kampong Speu that would create about 700 jobs. According to the investment proposal for the garment factory project of HAO JIA LI (CAMBODIA) GARMENT CO., LTD, the Investment Committee of the CDC, the new factory […]
Read MoreDomestic tourism is expected to record the highest level of travel sentiment in the third quarter since the pandemic thanks to a shift towards an endemic approach and several long holidays, according to the Tourism Council of Thailand (TCT). Domestic tourism has kept up with positive signs as the number of local tourists planning their […]
Read MoreInterest rates on mortgages are expected to rise this year but will not surge to the levels they reached during the 1990s real estate boom, said Government Housing Bank (GH Bank) president Chatchai Sirilai. He said that GH Bank’s current average interest rate is 3%. If the Bank of Thailand raises the benchmark rate by […]
Read MoreSINGAPORE – Singapore is considering more safeguards to protect consumers after the plunging prices of crypocurrencies triggered a series of prominent players, including firms based here, becoming insolvent. Senior Minister and Coordinating Minister for Social Policies Tharman Shanmugaratnam on Monday (July 4) said the Monetary Authority of Singapore (MAS) has been “carefully considering” having additional […]
Read MoreVietnam’s tra fish export increased by 83.2% in the first half of this year, the highest growth rate among fishery products, the latest data by the Vietnam Association of Seafood Exporters and Producers (VASEP) showed. Seafood exports were expected to rake in nearly 5.8 billion USD for Vietnam in the first six months, up almost […]
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