State-owned energy holding company Pertamina lowered the prices of its subsidized and non-subsidized gasoline by up to Rp 800 (6 US cents) per liter on Sunday, a move some consider political ahead of the presidential election in April. Although proposals to lower or increase fuel prices are made by Pertamina or other fuel distributors, they […]
Read MoreThe government has launched one-stop investment services in Batam to help process business permits on the island city, which has been designated as one of the country’s special economic zones. The one-stop services are located at a public service mall inaugurated recently by the Office of the Coordinating Economic Minister. Susiwijono, a secretary at the Office […]
Read MoreJAKARTA: Indonesia is set to make halal labelling mandatory for consumer products and services this year with the government assuming greater control of the certifying process from the Muslim-majority nation’s Islamic cleric council. Issuing halal certificates to consumer goods from shampoos to toothpaste and cosmetics may net the government about 22.5 trillion rupiah (US$1.6bil) in […]
Read MorePETALING JAYA: The stronger ringgit is fuelling a surge of inflow into the local bond market, driving yield on the 10-year Malaysian Government Securities (MGS) below 4% for the first time since April last year. Analysts said the rally in the bond market still has room to continue with the strength of the ringgit supporting […]
Read MoreTHE frequency of Lao and Thai people visiting each other’s country will increase, and so will the growth of trade and cooperation in product development. Khon Kaen provincial governor Somsak Changtragul said he is sure that this will happen once the Laos-China railway is complete. The railway will play a significant role in linking the […]
Read MoreRise in overseas investments seen if baht maintains upward trend in first half of year The Strengthening of the baht since the beginning of the year would draw foreign investors to the Thai bond market, said Thiti Tantikulanan, head of Kasikornbank’s Captial Markets Business Division, adding that sectors expected to perform were real estate, food […]
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Thailand
