Over 60% of Japan firms negatively impacted by weak yen: Survey
With rising prices putting pressure on household finances, 61% of firms responded that they “plan to raise wages in the future.”
Big Picture
Indonesia’s trade surplus narrows on ‘ending’ commodity windfall
The figure exceeds forecasts from state-owned Bank Mandiri and financial research firm Moody's Analytics, who had projected a trade surplus of $3.85 billion and $3.7 billion,…
Boracay foreign arrivals jump by 246%
The monthlong figure of foreign arrivals was almost equivalent to the total number of foreigners who visited the island from February to June, which stood at 18,845.
Crab banks: A five-tonne daily withdrawal to satisfy a nation
Every year, more than 1,000kg of female crabs with eggs, or 10,000 animals, are collected by the community for release into protected areas.
South-east Asian low cost carriers see business taking off
Following the easing of coronavirus-related entry restrictions, many low cost carriers in the region announced a major step-up in flight services.
Cambodian gold production tops 3.5 tonnes in early Aug
Cambodia's two gold producers have also pumped out 252 semi-refined gold bars weighing 3,563kg as of the beginning of this month.
Hong Kong SMEs’ business confidence weakens in July
A government spokesperson warned that worsening global economic prospects and tightening monetary policies will continue to put pressure on business sentiment.
On-demand retail gaining ground in China
On-demand retail refers to a retail model where shoppers place orders on online trading platforms, followed by retailers from physical stores executing door-to-door delivery.
‘Booming’ creator economy gives new hope to recovering Asian firms
According to a recent report by media monitoring firm Meltwater, micro influencers accounted for 91 per cent of all sponsored post engagement across Asia-Pacific last year.
5G, industrial internet back manufacturing
To accelerate the upgrade of traditional industries and boost production efficiency, many manufacturing enterprises have been leveraging emerging digital technologies.