[KUALA LUMPUR] Malaysia and Singapore have reportedly struck an accord on the postponement of the Singapore-Kuala Lumpur High Speed Rail (HSR) project, with the agreement expected to be formally announced this week. The compromise, reached “in a spirit of good neighbourliness”, will see Malaysia being spared having to pay a RM500 million (S$168 million) penalty […]
Read MoreSince initiating reform in 2011, Myanmar has made progress in rejoining regional and international communities – transitioning to a market economy, liberalising trade and investment and promoting industrial development. Yet decades of political instabilities and civil unrest have sown the seeds of an extensive illegal economy, ranging from illicit trade in drugs, logging and mining […]
Read MoreA Danareksa Research Institute (DRI) survey shows that the consumer confidence index (CCI) in August has retreated from 101.6 to 97.5 following a 4.7 percent increase in the previous survey, with consumers responding more negatively on the current economic conditions. The two main factors that caused the CCI to decline were the present situation index (PSI) – consumer sentiment toward current conditions – and the expectations […]
Read MoreInflation rose by 1.62 per cent in August compared with the same month last year and 1.46 per cent over July, the Commerce Ministry reported on Monday. It was at its highest level in 14 months. The ministry attributed the latest rise to increases in the prices of fresh food products of 0.31 per cent […]
Read MoreThe Hanoitimes – Foreign companies now take 50% of the market share in Vietnam`s retail sector and the figure is forecast to rise in the coming time. Aeon, a major Japanese retailer, started generating a profit of VND54 billion (US$2.31 million) as from 2016, while South Korean conglomerate Lotte Group reported an accumulated loss of VND800 […]
Read More[SINGAPORE] Bus and train fares are set to rise by as much as 4.3 per cent next year, going by a new component in the review formula. In a statement Monday (Sep 3), the Public Transport Council said the 2018 review will include the network capacity factor (NCF), which tracks how much bus and rail […]
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Thailand
