KUALA LUMPUR: Economists in general say it is too early to institute any budget review given the fact that crude oil prices still remain uncertain at this juncture. Sunway University Business School Professor of Economic Yeah Kim Leng said the decline in crude oil prices was a temporary phenomenon, pending further development on the supply side. “We need to […]
Read MoreThe Ministry of Land Management this week reported a 19 percent drop in the number of approved construction projects for 2018, with only 2,867 projects being greenlighted, compared to 3,052 last year. Total investment in construction projects this year totalled $5.2 billion, down from 2019’s $6.4 billion. Local real estate experts, however, are not worried […]
Read MoreThe Energy Policy Administration Committee (Epac) has decided to cut retail oil prices by another one baht per litre for both gasoline and diesel segments from Monday, says Energy Minister Siri Jarapongphan. “Energy policymakers want to ease people’s transport burden over the New Year holiday,” he said. Epac decided on two discount measures. The first is […]
Read MoreSINGAPORE — China-bound exports from Southeast Asia have increased as businesses move up shipments before the Sino-American trade war intensifies further, setting the stage for a drop-off later that threatens to put the brakes on the regional economy. Re-exports of nonoil goods in the global trade hub of Singapore increased 9.4% on the year in […]
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Thailand
