Myanmar is raising efforts to draw foreign direct investments (FDI) into the country after its economy took a beating in recent quarters, hit by the slide of the kyat against the dollar. Even though the Central Bank of Myanmar has taken measures to stabilise the local currency, the kyat may be in for further volatility […]
Read MoreKUALA LUMPUR (Xinhua) – Latest economic figures showed that Malaysia’s economic growth is likely to ease in December this year to February 2019, Malaysia’s Statistics Department said yesterday. The leading index, which provides a signal where the economy is heading for an average of four to six months ahead, fell 0.9 per cent year-on-year in […]
Read MoreApple’s first store in Thailand is scheduled to open on November 10 in Bangkok at Iconsiam. Apple Thailand confirmed the date in a statement on Thursday. The company said the riverside store could provide inspirations for a lot of people to learn about technology. Apart from selling Apple products, the store will also have a […]
Read MoreThe House of Representatives Commission VII overseeing energy and mineral resources held a hearing Wednesday to question the Energy and Mineral Resources Ministry’s recent flip-flop regarding the price of subsidized Premium-branded gasoline. Commission VII deputy chairman Ridwan Hisjam, a lawmaker from the Golkar party, who chaired the meeting, initially decided to make it open to […]
Read MoreMANILA, Philippines — The planned suspension of a further increase in excise tax on fuel products coupled with the lifting of import limits on rice could bring inflation back on target starting next year, a central bank official said Wednesday. Inflation spiked to a fresh nine-year high of 6.7 percent in September, keeping the pressure on the Bangko Sentral […]
Read MoreDespite September’s export slump, the government remains upbeat about achieving 11 million tonnes of milled rice exports this year on high demand. Adul Chotinisakorn, director-general of the Foreign Trade Department, said rice export prospects are still promising for the last quarter, with continued import orders, particularly with government-to-government (G2G) deals with China, the Philippines and Japan. […]
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