JAKARTA — Motorcycle sales in Indonesia fell 26.9% in June from a year earlier, data from an industry association showed on Thursday. These sales are also the biggest drop since July 2016, according to Thomson Reuters data. Sales stood at 379,467 motorbikes in June, down from 518,878 sold in the year-ago period. It was also […]
Read MoreCommercial banks which have cut interest rates for short-term lending following the State Bank of Vietnam’s cue might suffer a further decline in the net interest margin (NIM), experts said. On July 7, the State Bank of Vietnam decided to cut the annual maximum refinancing interest rate, rediscount interest rate and overnight interest rate applied to electronic inter-bank payments. It also cut […]
Read MoreTEMPO.CO, Jakarta – Indonesian State Officials predict that the country does not need to import gas in 2019. This is because there are extra productions from three fields, Jangkrik, Tangguh Train 3, and Masela Block. Directorate General of oil and gas, I Gusti Nyoman Wiratmaja Puja, claimed that the success of the fields that were designed to produce […]
Read MoreKUCHING: The third Malaysia-Indonesia Joint Trade and Investment Committee (JTIC) Ministerial Meeting in Kuching on Thursday discussed several key outstanding issues affecting bilateral trade between Malaysia and Indonesia, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed. He said the meeting, among others, reviewed the 1970 Border Trade Agreement: trade restriction on Tebedu-Entikong border; […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to further improve in the second quarter (Q2) of this year with exports likely to increase amid continuous strong domestic demand and private expenditure as seen in the first quarter. Minister in the Prime Minister Department, Datuk Seri Wee Ka Siong, said Q1’s gross domestic product (GDP) growth of […]
Read MoreDebts accumulated under Myanmar’s previous Union Solidarity and Development Party are now due, 2 years after the current National League for Democracy government came into power. Despite debt relief provided by Paris Club countries during former President Thein Sein’s USDP administration, Myanmar still owed US$8.98 billion in outstanding foreign debt as at 31 December 2016, […]
Read More
Thailand
