manufacturing sector
Thai economy struggles as manufacturing output declines
Thailand's economy continued to struggle in the second quarter of 2014 amid declining growth and manufacturing activity - underscoring concerns over the junta's ability...
Indonesia manufacturing on record high
Indonesian manufacturing activity surged to a record high in May, driven by unprecedented growth in new orders, an HSBC Markit purchasing managers' index (PMI)...
Philippines to become ‘trillion-dollar economy’
The Philippines is set to become a "trillion-dollar tiger economy" by 2030 with its capacity to post long-term economic growth, Rajiv Biswas, Asia-Pacific chief...
Myanmar foreign investments cross $2b
Myanmar received $2.21 billion worth of foreign investments in the first four months of 2014, with transport and communication sector leading, media reported Thursday.
The...
Inequality in the Philippines still high, says ADB
Inequality in the Philippines might have not changed rapidly in the last 20 years, but the gap between the rich and the poor in...
Singapore’s GDP forecast to grow 3.8% in 2014
Economists and analysts in private sector are more cautious for the economy growth of Singapore this year, lowering their forecast for the GDP growth...
FDI in Myanmar tripled in current fiscal year
Foreign investment in Myanmar is set to triple in the current fiscal year ending March 30, 2014, with 50 per cent going into manufacturing,...
Singapore manufacturing rebounds in January
Manufacturing activity in Singapore rebounded in January 2014, after a contraction in the previous month, boosted by a resurgence in the electronics or tech...
Singapore economy rebounded in 2013
Singapore's economy grew by 3.7 per cent in 2013, Prime Minister Lee Hsien Loong said on December 31, as he stressed the need for...
Indonesia’s jobless rate seen at 6% in 2014
The unemployment rate in Indonesia is forecast to ease to 6.03 per cent in 2014 from 6.25 per cent in August 2013. The Indonesian...
Malaysia’s GDP could grow by 5.3% in 2014
Malaysia's economy is expected to expand 5.3 per cent in 2014 from an estimated 4.7 per cent this year, Standard Chartered said on December...
Chief Minister: ‘Sabah can be next Dubai’
The vision to make Sabah the ‘next Dubai’ was achievable "through continued close partnership between the state government and the manufacturing and industrial sectors",...
Singapore’s GDP jumps 5.1% in the third quarter
Singapore's economy grew 5.1 per cent on-year in the third quarter of 2013, said the Ministry of Trade and Industry (MTI) in advance estimates...
Malaysia approves 428 manufacturing projects worth $8.8b
The Malaysian Industrial Development Authority (MIDA) said on October 3 that it approved 428 manufacturing projects at an investment volume of RM28.3 billion ($8.8...
Bank Indonesia raises interest rate to 7.25%
In a bid to stop the slump of the country's currency, Indonesia's central bank on September 12 decided to raise the interbank interest rate...
Myanmar investment reaches new heights
Myanmar received a total of $731 million in foreign investment in August 2013, pumping up the total investment in the country to $43 billion,...
Thailand falls into recession, baht drops
Thailand's gross GDP shrank 0.3 per cent in the second quarter 2013 from the previous quarter, when it contracted by 1.7 per cent, showing...
Singapore discovers opportunities in Ghana
Singapore is going to open a first-of-its-kind trading office in Sub-Saharan Africa in Ghana, it turned out at a recent meeting by International Enterprise...
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Singapore biotech startup considers stock listing to raise $300 million
Singapore-based biotechnology startup Mirxes, which focuses on preventive healthcare solutions for cancer and infectious diseases, is weighing an initial public offering (IPO) in the...
Stories of the week
Indonesia to start construction of new capital in August
Indonesia’s government will start construction of the first government buildings at its new capital Nusantara in August, the country’s minister of public works and...