Philippine manufacturing output rises for 14th straight month

International Business News  –  Preliminary data from the Philippine Statistics Authority showed that in May, the Philippine manufacturing output index increased by 1.9% year-on-year, higher than the 1.2% increase in April, and was the 14th consecutive month of growth; the…

Vietnam’s pangasius exports to increase by nearly 90% in 2022

International Business News  –  Vietnam’s “Customs Online” reported on June 20 that according to the Vietnam Aquatic Products Export and Processing Association, the export value of Vietnamese pangasius in the first five months of 2022 reached 1.21 billion US dollars,…

Vietnam’s cassava exports increased by 10.6% month-on-month

International Business News  –  Vietnam’s “Industry and Trade News” reported on June 16 that according to statistics from the General Administration of Vietnam Customs, in May 2022, Vietnam exported nearly 260,000 tons of cassava and its products, with an amount…

Malaysian East Coast’s largest port digital information level upgrade

International Business News  –  Guangxi Beibu Gulf International Port Group  introduced on July 7th that the Malaysian Kuantan Port, which participated in operation, has been fully launched to use MTOS (multi -functional terminal production operation system), SAP (comprehensive administrative management…

Singapore’s manufacturing industry has been expanding for two consecutive years

International Business News  –  Singapore School of Procurement and Logistics Management (SIPMM) recently released the latest procurement manager index (PMI) data showed that in June, Singapore Manufacturing Manager Index (PMI) was 50.3, compared with 50.4 slightly compared decline. It was…

Malaysia promotes digital development

International Business News  –  The Malaysia Digital Economy Corporation (MDEC) chief executive said that since the spread of the novel coronavirus pneumonia (COVID-19) outbreak, Malaysia has made a strong push for digital development to reduce the need for an otherwise…

World Bank maintains forecast for Cambodia’s economic growth of 4.5% this year

International Business News  –  The World Bank’s economic forecast for Cambodia remained unchanged, with the economy expected to grow by 4.5 percent for the full year of 2022. The World Bank released its latest economic outlook, which forecasts Cambodia’s economy…

China’s overall economic recovery has accelerated

International Business News  –  A few days ago, data released by the National Bureau of Statistics showed that in June, China’s manufacturing purchasing managers’ index (PMI), non-manufacturing business activity index and composite PMI output index were 50.2%, 54.7% and 54.1%,…

Singapore’s $40 billion construction of PSA’s Tuas port

International Business News – At a time when the world economy is suffering from unprecedented congestion in global supply chains, Singapore is moving ahead with a $40 billion port modernisation project to provide a solution. It is reported that ,through…

Vietnam’s economic growth recovers

International Business News – Vietnam’s GDP grows 7.72% in the second quarter, returning to pre-COVID-19 levels. According to the Vietnam News Agency, Nguyen Thi Huong, Director General of Statistics of Vietnam’s Ministry of Planning and Investment, said at a press…