Asia Economy

NNA Asia top stories Friday, March 22

22, Mar. 2019

TOKYO, NNA – The following are the top stories from NNA Asia for Friday, March 22.

Japanese machinery maker Okuma opens technical center in Jinan, its 3rd in China after Shanghai and Guangzhou, to enhance sales and customer service

Mitsubishi Tanabe Pharma sets up sales subsidiary in Malaysia and office in Vietnam

Japan Overseas Infrastructure Investment to inject about 1.7 billion yen ($15.3 million) into Myanmar's Thilawa port bulk terminal operations run by Mitsubishi Corp and Kamigumi

Malaysian automaker Proton to build assembly plant in Pakistan, 1st production base in South Asia: official agency Bernama

Vietnamese ride-hailing app provider FastGo to enter Singapore in April, 2nd overseas market after Myanmar

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Commodities Intelligence Centre (CIC), a B2B e-trade platform for physical commodities, too part in the World LNG & Gas Series Asia Pacific Summit in 2019. The platform plans to develop winning commodities from member-countries of RCEP trade bloc and promote digital trading across the Asia Pacific and beyond. (Photo courtesy of CIC)

Over $13 billion worth of commodities traded on CIC, to grow winning products with RCEP

Singapore Economy

2 MONTHS AGO

Image by 41330 from Pixabay

Thailand rebates fuel retail spending, may inject 110 billion baht into economy

Thailand Economy

2 MONTHS AGO

Singapore's Changi Business Park, which houses global banking, tech and logistics companies employing international talent, is a thriving hub that boosts the country's position as a regional center for the digital economy. Photo by Celine Chen.

Digital collaborations, RCEP free trade to help power ASEAN economy beyond pandemic

Southeast Asia Economy

2 MONTHS AGO

People walking in the busy street of Quiapo Manila (Photo by Kristine Wook on Unsplash)

Smaller contractions for Southeast Asia bolster hope for earlier recovery

Philippines Economy

2 MONTHS AGO

Photo by Arron Choi on Unsplash

Weaker Philippine consumer confidence to dampen Christmas spending

Philippines Economy

3 MONTHS AGO

Manila North Cemetery is the biggest in metro manila with a land size of 54 hectares. Aside from the millions dead bodies buried here, it is also home to thousands of residents.

Grave problems for small businesses as Philippines bans holiday visits to cemeteries

Philippines Economy

3 MONTHS AGO

Eiji Hisatomi, managing director of JETRO Singapore, said Japanese companies will be able to do business more easily if the skills of Asean workers are improved. This picture shows a promotional event for an online store, one of the activities of JETRO in Singapore. In May this year, JETRO launched a digital transformation platform with Asean-based start-ups to help accelerate the digital transformation of Japanese enterprises in the region. Photo by Celine Chen.

Japan, U.S. support Singapore's future work centre that prepares Asean workforce for new opportunities

Singapore Economy

3 MONTHS AGO

Firms from the United States were the most active foreign investors in India. The size of their acquisitions doubled to $16.6 billion from a year ago. (Photo Courtesy of Pixabay)

Mergers and acquisitions in India fell to 3-year low in first 9 months

4 MONTHS AGO

A file photo showing workers at the Japanese firm Daikin India's factory at Neemrana in the northern Indian state of Rajasthan. (Photo courtesy of Daikin Airconditioning India Pvt. Ltd)

Japanese businesses in India shrink first time in 11 years

4 MONTHS AGO

Finance secretary Carlos Dominguez (L) and JICA chief representative Eigo Azukizawa (R) during the signing of the Post-Disaster Standby Loan 2 on Sept.15, 2020, in Manila. (Photo courtesy of Philippine Department of Finance)

Japan lends 50 billion yen to Philippines for disaster, health crisis response

Philippines Economy

4 MONTHS AGO

Sangley Airport, a former U.S. naval base, is being utilized since February 2020 for general aviation operations. (Photo courtesy of Philippine Department of Transportation)

Philippines won't stop infrastructure projects with Chinese involvement despite US blacklisting

Philippines Economy

5 MONTHS AGO

Philippine jobless rate falls to 10 percent, giving hope for rebound

Philippines Economy

5 MONTHS AGO

India posts worst GDP contraction, only agriculture thrives

5 MONTHS AGO

The Kyushu Promotion Center is set to be opened in Hanoi, Vietnam, on Nov. 2 by Kamichiku Holdings Co. in Kagoshima in Japan's southwestern region of Kyushu. (Photo courtesy of Kamichiku Holdings)(PHOTO NOT FOR SALE) (NNA/Kyodo)

Firm in Kyushu to promote region via Hanoi information center

Vietnam Economy

5 MONTHS AGO

Photo by chuttersnap on Unsplash

Surge in India’s exports to China, some Asian countries

5 MONTHS AGO

Philippines plunges into recession after Q2 GDP fell 16.5%

Philippines Economy

5 MONTHS AGO

Photo by Milind Shah on Unsplash

Automobile, FMCG sectors in India see signs of revival after lockdown eased

6 MONTHS AGO

Metro Manila (Photo by Klaryss Puno on Unsplash)

Philippine capital, nearby areas to return to stricter lockdown as virus cases top 100,000

Philippines Economy

6 MONTHS AGO

U.S. GDP in April-June shrinks at record 32.9% pace amid pandemic

United States Economy

6 MONTHS AGO

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Myanmar to create special economic zone in Mon State to attract foreign investors

Myanmar Economy

6 MONTHS AGO

Photo by Toshiya on Unsplash

Fitch cuts outlook for Japan credit rating on coronavirus impact

6 MONTHS AGO

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Army vehicles move toward Leh along the Manali-Leh highway in northern India, amid the ongoing India-China border dispute on July 22, 2020. (PTI)

India slaps more restrictions on Chinese businesses amid soured ties

6 MONTHS AGO

Photo by Manuel Velasquez on Unsplash

Nightlife sector urges gov't to be more realistic in anti-virus steps

6 MONTHS AGO

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Photo by ammiel jr on Unsplash

Japan 1st-half exports fall 15%, sharpest drop in decade due to virus

6 MONTHS AGO

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Photo by Duangphorn Wiriya on Unsplash

G-20 warns of sharp global growth contraction due to pandemic

6 MONTHS AGO

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A large screen on a street in Beijing shows Chinese President Xi Jinping attending the opening ceremony of the National People's Congress at the Great Hall of the People in the Chinese capital on May 22, 2020. The annual parliamentary session, which usually takes place for around 10 days from March 5, was postponed this year due to the spread of the new coronavirus. (Kyodo)

Chinese keener to save money amid virus crisis, deja vu of Japan

6 MONTHS AGO

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Philippines to let in foreigners with long-term visas from August

Philippines Economy

6 MONTHS AGO

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