Firms adopting innovative survival methods

Firms adopting innovative survival methods

Firms are still grappling with mounting hardships. There has been little sign of improvement in export order intake, which has even fallen below expectations.
Textile apparel sector losing advantage in price competition

Textile apparel sector losing advantage in price competition

Many producers in the textile apparel sector are on tenterhooks as export orders are increasingly shifting to other countries like Bangladesh or India for more favourable pricing.
Retailers ramp up promotions to boost sales

Retailers ramp up promotions to boost sales

As consumers are tightening their budgets, retailers are initiating a broad range of promotions to boost sales.
Tough times for garments and textiles firms

Tough times for garments and textiles firms

Businesses in the garments and textiles sector are facing increasing difficulties that are forecast to linger in the months to come.
Wood industry striving to regain growth momentum

Wood industry striving to regain growth momentum

Businesses in the wood industry are showing great resilience with a high level of adaption and flexibility to regain their growth momentum.
Still tough times for food businesses

Still tough times for food businesses

High interest rates, difficult access to capital sources, and supply and demand threats hinder the efforts of businesses, including those in the food sector.
Food firms face tough times

Food firms face tough times

There are concerns over food businesses being unable to source much-needed capital during recent interest rate spikes.
1 2