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Business 5 years ago
China's factory activity expands at fastest pace in over three years
China’s official manufacturing Purchasing Manager’s Index (PMI) rose to 52.1 in November from 51.4 in October, data from the National Bureau of Statistics showed. It was the highest PMI reading since September 2017 and remained above the 50-point mark that separates growth from contraction on a monthly basis. It was also higher than the 51.5 median forecast in a Reuters poll of analysts.
Business 5 years ago
Sarana Menara Nusantara to expand fiber-optic cable network amid high demand
Publicly listed telecommunication tower operator PT Sarana Menara Nusantara plans to expand its network of fiber-optic cables a total of 47,000 kilometers by the end of the year to boost 4G connectivity, amid the country’s high data demand accelerated by the pandemic.
