The Philippine economy shrank in the first three months of the year as coronavirus restrictions suppressed activity, but a top official said there were signs the country was "on the mend".
SINGAPORE'S life insurance industry recorded a total of S$1.25 billion in weighted new business premiums for the first quarter ended March, growing 29 per cent from a year prior.
SINGAPORE: Authorities are “very mindful” of the labour crunch that companies in the construction, marine shipyard and process sectors are facing, and will continue to review if additional support measures are needed, said Second Minister for Manpower Tan See Leng on Tuesday (May 11). These ...
U.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions.
Production of the Apple iPhone 12 at a Foxconn factory in India has slumped by more than 50per cent because workers infected with COVID-19 have had to leave their posts, two sources told Reuters.
Takeda Pharmaceutical Co said on Tuesday that full-year operating profit jumped five-fold from the previous year, driven by sales of its Entyvio colitis treatment and other mainstay drugs.
Japan's giant trading houses reported mixed annual results, with Marubeni Corp swinging to a better than expected profit and Sumitomo Corp posting a record net loss amid the COVID-19 pandemic and strong bulk commodity prices.
SINGAPORE: Many Build-to-Order (BTO) housing projects are expected to be delayed by a year or more, as a result of tighter border measures affecting the construction sector, said Education Minister Lawrence Wong in Parliament on Tuesday (May 11). These tightened measures include longer Stay-Home ...
BEIJING :China's factory gate prices rose at the fastest rate in three and a half years in April, official data showed on Tuesday, as the world's second-largest economy continued to gather momentum following record-setting growth in the first quarter.
JAKARTA: Indonesia is considering a plan to tax the trading of cryptocurrencies after a surge in popularity among local investors, a tax official said on Tuesday. The Southeast Asian country has been seeking to shore up state revenues amid the coronavirus pandemic, though Neilmaldrin Noor, a ...
