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Service Sector Tumbling: The depreciation of the rupee posed additional challenges to the Indian economy. The latest report is contrary to the data that showed private sector sales rose at the weakest pace in six months, amid softer increases in the manufacturing and services economies.
The Philippine manufacturing sector grew at a slightly faster rate in August but the sector continues to be challenged by several headwinds, results of the latest survey by S&P Global showed.
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The Philippine manufacturing sector recorded its biggest gain in over four years in April to indicate signs of recovery from the COVID-19 pandemic, according to results of the latest survey by S&P Global.
RAPAPORT... India’s diamond trade is likely to see a slowdown in sales in the coming months as a result of the Russia crisis, according to a major credit agency in the country.The removal of several Russian banks from the Swift international payment system has made it difficult to complete...