THE Ministry of Trade and Industry (MTI) will release the advance estimates for economic growth in the fourth quarter and the whole year at 8am on Jan 2 next year, it said on Tuesday. MTI last month upgraded its forecast for 2017 gross domestic product (GDP) growth to 3 per cent to 3.5 per cent, […]
Read MoreKUALA LUMPUR: The local bourse pulled back in early trade following the strong performance in the previous week. Asian markets came out of the Christmas weekend trading mixed, with Chinese stocks lagging behind even as its central bank lifted its official yuan midpoint to the highest level in 3.5 months at 6.5416 per dollar. At […]
Read MoreTEMPO.CO, Jakarta – State oil and gas company Pertamina recorded an increase in the consumption of non-subsidized fuels by 10 percent during the Christmas and New Year holiday season. “Consumers’ interest in quality fuels is reflected by the increasing consumption of non-subsidized fuels, such as Pertalite, Pertamax, Dexlite, and Pertamina Dex,” Pertamina spokesperson Adiatma Sardjito said in a […]
Read MoreFinancing options for small and medium-sized enterprises (SMEs) in Cambodia just expanded, with the government announcing on Friday a new SME-specialised bank that will be set up with initial capital of $100 million. The new banking institution, the first of its kind in the kingdom, aims to help local companies grow and seeks to bolster […]
Read MoreCargo transport firms are warning that higher fuel taxes under the recently-signed Tax Reform for Acceleration and Inclusion (Train) Act will inflate operational costs and burden consumers. Philippine Inter-island Shipping Association, Inc. (PISA) executive director Pedro Aguilar said shipping rates would have to be increased given the “substantial” tax increase for fuel oil. As fuel […]
Read MoreLaos and Vietnam have agreed to work together to increase the volume of trade between the two neighbours, a senior government official has said. The agreement was reached at a meeting held in Vientiane last week between Laos’ Ministry of Industry and Commerce and Vietnam’s Ministry of Industry and Trade. The two sides agreed to […]
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Thailand
