HONG KONG SAR - Media OutReach - 01 July 2022 - Coface’s 2022 Asia Corporate Payment Survey, conducted between November 2021 and February 2022, provides insights into the evolution of payment behaviour and credit management practices of about 2,800 companies across the Asia Pacific region during another pandemic year. Respondents came from nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Thailand and Taiwan) and 13 sectors located in the Asia-Pacific region.

No deterioration of payment delays despite the impact of COVID except in China

In April 2022, our national inflation rose to 2.3%, which exceeded the average inflation of 1.9% in Malaysia from the period April 2011 to April 2022. And just recently, it was reported that inflation rose to 2.8% in May against consensus of 2.7%. A vast development indeed. In addition, US Federal Reserve’s (Fed) move to raise the interest rate hike by 75 bps on 15 June 2022 had alarmed all quarters over the world on what could possibly be coming next – big inflation. However, what does all these means? Especially to the people out there?

Generally, if most people do not understand what the numbers above mean, they do know one thing – they are feeling the pinch from the price hike of basic necessities, which has begun trickling the wallets of every household. From there, they knew and sensed that the inflation period is here. Not very surprising but not pleasant either, inflation is to stay persistent this time around.

KUALA LUMPUR, Malaysia – 29 June 2022 – Aruba, a Hewlett Packard Enterprise company, has announced the findings to a study it commissioned to evaluate the impact of high-performance networking and security solutions on connected and smart high-tech manufacturing operations. The study conducted by Forrester Consulting found two in three manufacturers in Malaysia prioritizing innovation and automation for greater operational efficiency and resilience over the past 12 months.  

The study, High-Tech Manufacturing Begins with High-Performance Networking and Security Solutions surveyed more than 270 business and IT decision-makers from high-tech manufacturers in Australia, India, Japan, Malaysia, South Korea, Taiwan, and Thailand in the first quarter of 2022.