MANILA, Philippines — Philippine manufacturing activity gained strength in April, kicking off the second quarter on a strong note driven by robust demand conditions, according to monthly tracking done by IHS Markit for Nikkei, Inc. The seasonally adjusted Nikkei Philippines Manufacturing Purchasing Managers’ Index rose to 52.7 last month from 51.5 in March. The latest […]
Read MoreAll businesses and factories in Laos are required to increase the minimum wage from the present 900,000 kip to 1.1 million kip a month as of May 1 in a bid to improve workers’ standard of living. This was the message at a press conference on Monday to announce the minimum wage increase, which was […]
Read MoreKo Thaw Zin Aung Gyi and Ko Aung Tun Lin, the founding partners of Capstone Education, a local education consultancy, saw the need to invest in Myanmar education long before authorities finally permitted full foreign capital investments in the industry on April 20. Locally schooled but having qualified to study abroad at Ivy League universities, […]
Read MoreTEMPO.CO, Jakarta – The Indonesian government will improve the ability of Indonesian workers in the face of the fourth industrial revolution (industry 4.0) based on science, technology, and innovation. Minister of Manpower, Hanif Dhakiri, stated that the technological change will cause the replacement of human labor with engine power, which will have an impact on the reduction of […]
Read MoreKUALA LUMPUR: SME Corporation Malaysia (SME Corp) is aiming for 100,000 small and medium enterprises (SMEs) to utilise the digital payment method or cashless transactions by year-end. Chief Executive Officer Datuk Hafsah Hashim said to date, there are 7,000 SME merchants participating in online businesses, propelled by initiatives such as Axiata Digital Services Sdn Bhd’s […]
Read MoreSINGAPORE: Singapore Prime Minister Lee Hsien Loong said the country’s economic growth for the year should exceed 2.5% “if all goes well”, but brewing global trade tensions were clouding the outlook. The world’s major economies were expected to perform well this year, which is positive for Singapore’s growth as it depends largely on the external […]
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