Thursday, August 6, 2020
Hong Kong's annual imports and exports fell more than 10 per cent in February, in the worst decline since early 2013 given global economic headwinds and a slump in trade with a slowing China. Total imports in February fell 10.1 per cent to HK$237.6 billion (US$30.63 billion) from HK$264.2...
Global consumer retail leader and private brand pioneer, Daymon Worldwide, today released “The Next World: How Millennials Will Shape Retail,” a worldwide Millennials market research study. The research explores the nuances and values of this generation to gain a better understanding of how they will shape the future of...
Cannon Hygiene, a premium washroom services provider in more than 40 countries around the world has announced an investment of RM15 million in Malaysia over the next three to five years. The company is also set to change the landscape of the washroom industry bringing in a new design...
OMESTI Group technology partner, Microimage HCM Asia,  sent a clear message to top HR professionals in Malaysia at the launch of its first-of-a-kind HCM Cloud Solution: Cloud, Social, Mobile & Analytics are disrupting the way businesses are run and it will be essential for organisations to remodel their processes in...
LG Electronics (LG), the world leader in LED projectors since 20081, expands its Minibeam line of portable projectors with the announcement of the advanced PH450U and extremely portable PH150G. The PH450U is an Ultra Short-Throw (UST) model that creates a cinematic experience in the home or office without the complication...
Despite volatile global markets and growing security issues, organizations continue to leverage global expansion strategies to remain competitive and to grow. Yet, few organizations are prepared for the challenges world events have on their business, including the impact on cost of expatriate packages. Mercer’s 22nd annual Cost of Living...
By Rajiv Biswas, Asia Pacific Chief Economist, IHS Global Insight Drought conditions hitting Southeast Asia due to the strongest ever El Niño effect since 1997-98 are becoming increasingly severe in Malaysia, Vietnam, Thailand, Indonesia and Philippines. In Malaysia, water levels in dams and rivers have been falling due to the protracted drought and...
ASEAN Business Club and regional companies expressed support for the ASEAN Economic Community 2025 Vision to realise a highly integrated community with a people-centred agenda. They welcomed the strengthening of private sector’s role in the next ten years of ASEAN Economic Community building. Over 150 multinationals, regional businesses and media...
Current global economic headwinds are providing impetus for the introduction of next generation policy solutions in the Asia-Pacific to stimulate economic opportunities and further advance equal access to the formal economy. Representatives of the APEC Business Advisory Council fleshed out recommendations during a meeting that just concluded in Port Moresby,...
Twenty-one companies in Hong Kong were named among the best companies to work for in Asia by HR Asia Magazine, in a survey that covered over 4,700 employees across the country. Winners of the award are selected from 126 nominees among 20 industries, based on a proprietary survey that assesses the company's...
In spite of some macro turbulence, the Asia Pacific private equity (PE) deal market posted a record year overall in 2015.  However, country by country, the story was not as promising everywhere.  In Southeast Asia (Singapore, Thailand, Indonesia, Malaysia, Vietnam, and the Philippines), PE remained restrained with economic uncertainty,...
The Asia-Pacific's business landscape, largely regarded as a critical pillar of the global economy, is characterized by small to medium enterprises. These enterprises have been described1 as "relatively fragile" but with significant growth potential. Ninety-seven per cent of all business in the region is classified as “micro, small to medium enterprises”...