MANILA, Philippines — Global manufacturing has remained resilient, but stalling export growth threatens to weaken production capacity, an international research firm said. In a new research report, London-based market intelligence firm IHS Markit said even as output had been holding up last month, factories worldwide have been reporting that exports and purchases continued to be […]
Read MoreCybersecurity, consumer generation consideration, new business models and technology adoption through partnership are the key priority for digital transformation amid the pandemic, says Bluebik Group, a local tech consulting firm. “Many companies are gearing up for digital transformation fuelled by the pandemic amid volatile and uncertain situations,” Pochara Arayakarnkul, chief executive of Bluebik, told the Bangkok […]
Read MorePETALING JAYA: The recovery in Malaysia’s industrial output, which exceeded economists’ forecast in December last year, is expected to continue going into 2021. The manufacturing sector would be the biggest driver for the recovery, riding on the strong global demand for electrical and electronic (E&E) products. The pace of recovery, however, may be throttled […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects the current account position of the Philippines to revert to a deficit this year due to higher import demand. In a report, Nomura economist Euben Paracuelles said the Philippine’s current account balance may return to a deficit of 0.2 percent of gross domestic product this year after […]
Read MoreThe value of exports of polylactic acid (PLA), a type of biodegradable plastic, is expected to increase by 16.6% this year to 2.7 billion baht, with an additional 6,800 tonnes shipped out, making the country the world’s third largest exporter, according to the Industry Ministry. Last year, PLA exports stood at 42,020 tonnes, valued at […]
Read MoreIndonesian small businesses, which have shown resilience during previous economic downturns, have borne the brunt of the impact of the Covid-19 pandemic and are now looking for ways to revive their fortunes. The majority of micro, small and medium enterprises (MSMEs) have experienced a steep decline in profit margins despite a significant shift to online […]
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Thailand
