Singapore unlikely to draw large data centre investments
Singapore is unlikely to attract large-scale investments in data centre capacity from foreign investors, despite its recent plans to increase…
Category: Economy
China’s robust services activity drives up employment, Caixin PMI shows
BEIJING: China's services activity in May accelerated at the quickest pace in 10 months while staffing levels expanded for the first…
Mexico peso falls as ruling party’s landslide win spooks investors
Mexican assets tumbled after preliminary election results showed the ruling party winning in a landslide that may empower it to…
Rice exporters divided on minimum export price
There should be a minimum export price for Vietnamese rice to prevent companies from engaging in price wars, undercutting each…
Seoul to extend tax cuts for fruit imports
Finance Minister Choi Sang-mok says the government will extend tariff reduction on fruit imports and introduce the lower-tariff scheme for…
Panel approves tariff cut for rice and commodities
A Philippine inter-agency panel led by the president has approved lower tariffs on rice and extended existing tariff cuts on…
Thai SMEs facing problems accessing credit
Thailand needs to urgently resolve problems of credit access for small and medium enterprises (SMEs), which are key for the…
Inflation cools further as policy pivot hopes rise
South Korea’s inflation eased more than expected in May, nudging the central bank an inch closer to joining global peers…
Philippine central bank rejects rate-cut call
Philippine central bank governor Eli Remolona has pushed back against the rate cut outlook given by the country’s finance chief,…