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Cambodia: Ministries convene to tackle oil price hike

Officials from the Commerce, Economy and Finance, and Mines and Energy ministries are now working together to help those affected by the recent surge in gasoline prices across the country, a spokesman for the Ministry of Commerce said. With companies and consumers across the nation complaining about the recent hike in petrol prices – which […]

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Malaysia: Consumer Price Index climbs 1.4% in April

KUALA LUMPUR: Malaysia’s Consumer Price Index (CPI), which measures headline inflation, increased by 1.4% in April 2018 compared with the corresponding month last year. In a statement, the Department of Statistics (DoS) said the major groups which recorded increases were the indices for food and non-alcoholic beverages (2.6%), restaurants and hotels (2.2%), health (2.1%), housing, […]

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Indonesia drafts low-cost financing scheme for green energy

The National Development Planning Board (Bappenas) is now preparing a green financing scheme for companies that are appointed to develop new and renewable energy. Bappenas head and National Development Planning Minister Bambang Brodjonegoro said in Jakarta on Tuesday that such companies could get the low-cost financing through a blended finance scheme to fund their new […]

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Vietnam’s foreign reserves hit $64 billion

The Hanoitimes – Vietnam’s foreign reserves has surged by 130 percent to nearly US$64 billion in the past two-and-a-half years, Prime Minister Nguyen Xuan Phuc said. At a recent group meeting of the National Assembly on socio-economic affairs, Phuc said the exchange rate has been also stable and inflation has kept under control. Experts attributed the […]

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