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BBCNEWS Asia Business Report June 4, 2024 00:35:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 00:35:00

Important source of growth, particularly prior to the pandemic, so it is starting to mmp pandemic, so it is starting to ramp up again. pandemic, so it is starting to ramp up again-— pandemic, so it is starting to ramp up again. meanwhile, the rest of southeast _ ramp up again. meanwhile, the rest of southeast asia, - rest of southeast asia, including here in singapore, economies have been hit by the weakening demand overseas was our economy scoping and when can see things turning in your view? —— economies coping? what view? -- economies coping? what we're seeing _ view? -- economies cop...

BBCNEWS Asia Business Report June 4, 2024 23:35:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:35:00

Particularly prior to the pandemic. so it's starting to ramp up again. meanwhile, the rest of south east asia, including here in singapore, economies have been hit by those weakening demand overseas. how are economies coping and when can we see things turning, in your view? so what we're seeing is that, you know, the export picture amd the merchandise trade picture right across southeast asia is weak. we're seeing that the tech cycle is still in that downswing and commodity prices are still, of course, very weak as a result of that weakened demand offshore. we're expecting that things, unfortu...

BBCNEWS Asia Business Report June 4, 2024 23:36:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:36:00

Should start to improve in 2024 for the export picture in south east asia. in other news this morning, japanese conglomerate toshiba said a $14 billion tender offer to take the firm private will be launched later today. at least two thirds of shareholders will need to tender their shares for the bid to succeed. the effort if successful could result in activist investors being bought out and effectively return toshiba to domestic hands. the firm has been embroiled in a range of crises since 2015. meanwhile, tesla's finance chief has stepped down after 13 years at the electric car—maker. his d...