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Cambodia: More projects OKed, despite investment drop

The Council for the Development of Cambodia (CDC) has approved 170 investment projects during the first nine months of the year, 25 more projects than during the same period last year. However, total investment decreased by $1,362 million, reaching just $4,719 million from January to September, a CDC report said. 56 of total approved projects, […]

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Indonesia: Producers call on government to implement B30 biodiesel policy

While the implementation of the 20 percent blended biodiesel ( B20 ) mandatory policy needs fine tuning, biodiesel producers want the government to increase biodiesel content in fuel to 30 percent early next year. “If we want to save our foreign exchange further, we need to reduce diesel fuel imports by utilizing more fatty acid methyl esters [FAME].  We need to upgrade […]

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Energy Market Company launches portal to help Singapore firms source for best electricity deals

SINGAPORE – A new electricity procurement portal launched by Singapore Exchange-backed Energy Market Company (EMC) has enabled one business to shave thousands of dollars off its electricity bills. EMC’s PowerSelect online portal, which has 11 electricity retailers on board to date, serves businesses with an average monthly consumption of at least 10 MWh (megawatt-hour), equivalent […]

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Car sales in Vietnam soar 15% m/m in October

The Hanoitimes – Total sale of car units of members of Vietnam Automobile Manufacturers’ Association (VAMA) in the first ten months of 2018 stood at 223 326 units, up 1% year-on-year. Car sales in October are reported at 28,899 units, up 15% month-on-month and 32% against the same period of last year, according to a monthly […]

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Faster Malaysian growth seen in Q3

PETALING JAYA: Malaysia’s economy is likely to have grown faster in the third quarter of this year amid an increase in private spending during the consumption tax holiday period. A Reuters poll showed the median forecast from 15 economists is for Malaysia’s gross domestic product (GDP) to grow 4.6% year-on-year (y-o-y) between July and September. […]

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