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Manufacturing pain spreads through Asia

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 Insights

02-Aug-19 A Sino-US trade war could tilt the world towards a global recession. Manufacturing activity contracted in China in June and July 2019. In Southeast Asia, Indonesia registered a contraction, but others benefited as trade flows move away from China. [image: Business World]

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Korea's Hyundai Capital moves in synch with lease trend

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05-Jun-19 With the auto sector pivoting from a buy to a lease model, Hyundai Capital is keeping a close eye on the United States, but also seeing significant upside in China, while examining new sales and distribution channels in other countries. [image: Andrew Salmon / Asia Times]

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Philippines remittances hit 5-month high in March 2019

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16-May-19 The Bangko Sentral ng Pilipinas reported a 6.6% increase in remittances sent by overseas Filipino workers in March 2019 over 2018. The growth pushed actual dollar inflow to the country to USD2.5 bn during that month alone. [image: Business Mirror]

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Travel trends shift as UAE residents explore new destinations

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28-Apr-19 Travel marketplace Wego ranks Egypt first for MENA travellers, followed by India, Saudi Arabia, Turkey and USA. "55 percent of travellers in 2019 booked a 12+ day flight compared to 39 percent in 2018," said Mamoun Hmedan, Director, Wego. [image: Alamy / Khaleej Times]

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China to push 5G commercialisation even as Huawei faces US-led resistance

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25-Mar-19 China plans to accelerate commercialisation of 5G in a "final sprint", with 60% of the USD256 bn 2019 tech budget allocated to telecommunications. Industrial Internet, smart transport, intelligent manufacturing, smart medical care and digital agriculture are among the priorities. [image: South China Morning Post]

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