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Google is shifting its smartphone production to Vietnam from China

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Alphabet Inc’s Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast Asia, the Nikkei business daily reported on Wednesday.

The move comes as labour costs are rising in China along with added pressure from spiralling tariffs due to the ongoing Sino-US trade tensions. Google to move Pixel smartphone production to Vietnam

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Corporate

Thai SMEs and startup companies to raise funds via capital markets

The Stock Exchange of Thailand (SET) will be urging SMEs and startup companies to raise funds via capital markets, and improve regulations to provide better ease of doing businesses.

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BANGKOK (NNT) – The Stock Exchange of Thailand (SET) is pursuing its initiative to encourage SMEs and startup businesses to raise funds via the capital market, expecting general investment this year to be challenged by external factors, urging investors to properly manage the risks.

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Banking

Moody’s outlook for APAC corporates remains negative in 2020

Moody’s Investors Service says in a new report that overall credit conditions for APAC non-financial companies will weaken in 2020

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• While positive, the US-China trade agreement will not resolve core differences, dampening business sentiment globally 

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Corporate

Why it pays to hire quickly

A recent report by leading research and advisory company Gartner suggests that a slow and indecisive hiring process could mean that companies are losing out on key talent.

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Three businesswomen sat around a large meeting table

In a competitive labour market, recruitment managers who take longer to decide on candidates can miss out on key talent snapped up by speedier competitors

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