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Thailand: FTI mulls repurposing auto parts plants

The auto parts industry club under the Federation of Thai Industries (FTI) is conducting a study on the feasibility of repurposing domestic auto parts manufacturing plants to make medical devices or aircraft parts instead. Since the Covid-19 outbreak, the automotive and auto parts sectors have seen a considerable drop in demand, with many plants in […]

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Philippines: More banks keen on digitalization

MANILA, Philippines — More banks are keen on using technology-enabled solutions and are exhibiting strong interest in participating in the digital finance ecosystem, according to the results of a survey conducted by the Bangko Sentral ng Pilipinas (BSP). According to the survey, about 87.4 percent of respondent banks have plans to use technology in banking […]

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Asia-Pacific falling behind sustainable development goals

The Asian Development Bank (ADB) has criticised Asia-Pacific countries for being slow in delivering the UN’s Sustainable Development Goals (SDGs) because of the COVID-19 pandemic, according to a joint report. A study called “Fast-tracking the SDGs: Driving Asia-Pacific Transformations” by the United Nations (ESCAP), ADB and the UN Development Programme (UNDP) said that while the […]

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