The Hanoitimes – Global Infrastructure Hub estimated that Vietnam needs to invest US$110 billion between 2021 and 2025 for infrastructure. Investors are seeing big opportunities to take part in Vietnam’s infrastructure developments as the government has announced plans to boost the construction of many mega infrastructure projects in tandem with streamlining policies to make it more […]
Read MoreSINGAPORE – Manufacturing shrank in February at the fastest pace in more than five years, reflecting the disruption caused by the coronavirus outbreak. The decline was led by the electronics sector, which had expanded in January for the first time after languishing in contraction territory for 14 straight months. The Singapore Purchasing Managers’ Index (PMI) […]
Read MoreMyanmar’s latest Purchasing Manager’s Index (PMI) figure for manufacturing is indicating that manufacturing businesses are slowing. IHS Markit, a London-based information provider, released its report on Myanmar’s Manufacturing PMI yesterday. The headline IHS Markit Myanmar Manufacturing PMI is a composite single-figure indicator of manufacturing performance. It is derived from indicators for new orders, output, employment, […]
Read MoreIndonesia’s retail and shopping center associations were urging consumer restraint after news about the confirmed cases of COVID-19 in Indonesia triggered panic buying sprees. The Indonesian Retailers Association (Aprindo) and Indonesian Shopping Centers Tenants Association (Hippindo) issued statements on Monday which assured their members’ that food and non-food supplies were going to be more than enough […]
Read MoreOnline food delivery platforms are seeing a boom in orders as customers stay home to avoid contact with the deadly coronavirus, with GrabFood enjoying a 200% increase in deliveries compared with a normal period. Tarin Thaniyavarn, country head of Grab Thailand, said the number of rides from Grab’s transport services (GrabBike and GrabTaxi) has remained […]
Read MoreMANILA, Philippines — The ASEAN manufacturing sector has so far survived the disruption caused by the spread of the coronavirus disease 2019 (COVID-19), returning to expansionary territory in February after eight months of deterioration, according to the new IHS Markit ASEAN Purchasing Managers’ Index (PMI). The headline PMI for ASEAN manufacturing rose to 50.2 in […]
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Thailand
