Asean Morning News For July 3

Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu ASEAN PMI falls to 50.0 in June The Nikkei ASEAN Manufacturing Purchasing Managers’ Index, or PMI, fell to 50.0 in June from 50.5 in May. — Nikkei […]

Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu ASEAN PMI falls to 50.0 in June The Nikkei ASEAN Manufacturing Purchasing Managers’ Index, or PMI, fell to 50.0 in June from 50.5 in May. — Nikkei […]

Halal Exports Growth Expected To Increase By 5 To 6pct In 2017 – HDC The Halal Industry Development Corporation (HDC) expects the exports of halal products to grow between five per cent and six per […]

Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Southeast Asia’s new-car sales rise 5% in May New-car sales in Southeast Asia’s six major markets climbed 5% on the year to 281,366 vehicles in May, about […]

Reach Energy Reaches For 5,000 Barrels Of Oil Per Day By Year’s End Reach Energy Bhd (Reach Energy) aims to increase its oil production of between 4,000 barrels per day to 5,000 barrels per day […]

Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Asia-Africa-Europe 1 cable system launches The consortium behind the Asia-Africa-Europe 1 (AAE-1) subsea cable system has announced the launch of the new cable, with services commencing from […]

Alibaba spending US$1bil in Southeast Asia’s Lazada, including Malaysia Chinese e-commerce company Alibaba Group Holding is investing an additional $1 billion in Southeast Asian online retailer Lazada Group, boosting its stake by nearly a third […]

Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Benefits abound if SMEs in Asean tap technology The advent of technology, mechanisation, digital connectivity and digitalisation has benefited the business ecosystem among Association of South-east Asian […]

Investors upbeat about Malaysian property Despite the less-than-stellar performance of many listed property companies during the recent corporate earnings season, investor confidence in local property stocks has actually been steadily increasing this year. — The […]

Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Asean Property Market Q1: Thailand an Island in Stormy Seas Figures assembled by international real estate firm Knight Frank show that in the first quarter of this […]

Foreign banks lose out to local rivals on earnings but they still hold advantage While locally incorporated foreign banks did not see as high earnings growth as their local counterparts in the first quarter of […]

Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Asean terrorism: Expect the worst before it’s solved FROM the obvious and undeniable fact that our Asean allies, primarily Indonesia and Malaysia, plus Australia, the US, Japan, […]

Investors pour US$9bil into Asian bonds, Malaysia benefits Asia bond demand is running at its highest level in eight months and looks set to stay firm this year, boosted by the region’s higher returns at […]