KUALA LUMPUR: Malaysia’s Budget 2019 indicates greater transparency in the country’s public accounts and a focus on inclusive growth, which if sustained, will be credit positive, says Moody’s Investors Service. “However, in the near term, a still high fiscal deficit and heightened reliance on volatile oil-related revenues will weaken Malaysia’s fiscal profile, a credit negative,” […]
Read MoreThere might be an increasing number of dates appearing on the calendar when it comes to e-commerce sales such as Black Friday and Singles’ Day, but the traditional Christmas holiday still represents the majority of online engagement, according to a new study by Meltwater. In its report ‘Ecommerce in SEA: Supercharging Holiday Sales Through Social Media’, […]
Read MoreThe Industry Ministry will roll out an incentive programme to encourage six eco-car manufacturers to make electrified eco-cars after finding that the electric vehicle scheme was ineffective at boosting mass-market production of EVs. “The ministry is working on a new programme called Eco EV, which is aimed at offering incentives for eco-car makers,” said Nattapol Rangsitpol, […]
Read MoreThe Hanoitimes – Deposits at three major state-run banks stood at VND2,550 trillion (US$110.04 billion), accounting for 46% of total deposits at 28 banks, CafeF reported. Deposits at 28 banks operating in Vietnam as of September 2018 reached VND5,495 trillion (US$236.88 billion), up VND488 trillion (US$21.04 billion) or 9.76% compared to the beginning of the year. […]
Read MoreHopes of a direct flight between Cambodia and India were re-kindled this week, with the Indian Ambassador announcing that the flight is expected “soon”. In a meeting on Monday in Phnom Penh, Ambassador Manika Jain told Mao Havannal, Secretary of State for Civil Aviation, that India “has plans to operate a direct flight to Cambodia” […]
Read MoreMANILA, Philippines (Update 2, 2:19 p.m.) — The Philippine economy expanded at a slower pace in the third quarter amid weak consumer spending and lackluster agriculture growth, which may give the central bank a chance to hit the pause button on policy tightening to rein in inflation. Gross domestic product — or the value of all finished goods and services […]
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Thailand
