SINGAPORE’S service sector reported a 9.5 per cent year-on-year drop in receipts in the third quarter of 2020, although receipts improved on a quarterly basis compared to Q2 – the Republic’s “circuit-breaker” period, according to the Singapore Department of Statistics (SingStat) on Friday. Q3’s performance is a smaller contraction than that seen during Q2’s year-on-year […]
Read MoreThe Ministry of Commerce’s Directorate General of Consumer Protection, Competition and Fraud (CCF) has conducted a “National Dissemination and Planning Workshop on the Law on Consumer Protection” for relevant stakeholders and representatives of local and international organisations. It was held at Raffles in Phnom Penh yesterday. The event served to promote the implementation of the […]
Read MoreFoxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, said a person with knowledge of the plan, as the United States firm diversifies production to minimize the impact of a Sino-US trade war. The development comes as the outgoing administration of US President Donald Trump encourages […]
Read MoreMANILA, Philippines — The net outflow of speculative funds or hot money more than tripled to $3.94 billion from January to October compared to last year’s $1.22 billion despite the strong inflows in October, according to the Bangko Sentral ng Pilipinas (BSP). The BSP traced the higher net outflow of foreign portfolio investments during the […]
Read MoreE-commerce offers businesses, especially small and medium-sized enterprises (SMEs), a direct reach to international customers, boosts their sales, speeds up the marketing process and saves costs, experts have said. Industry insiders were speaking at a seminar on exporting local goods through e-commerce, held by the Vietnam Chamber of Commerce and Industry (VCCI) and the Innovative […]
Read MoreThe tourism sector may have to wait until 2022 to see “normal” revenue, described as 80% of the pre-pandemic level, as major markets are reluctant to ease travel measures unless there is distribution of a successful vaccine, says the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said prospects in 2021 remain opaque as […]
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