malay03
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Malaysia – Fitch: Private consumption to remain strong

PETALING JAYA: While Malaysia’s private consumption may lose some steam this year, it will remain strong and largely unaffected by the broader economic slowdown, according to Fitch Solutions. The research house forecast real private consumption growth to slow in 2019 as consumption declined from its high base in 2018. This came after consumers front-loaded their purchases over the three-month long tax holiday between June and September 2018. Fitch […]

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indo01
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Indonesia: Govt upbeat over electric vehicle, but charging stations still rare to find

Industry players and experts have urged the government to ensure adequate infrastructure for electric vehicles (EV), including battery charging stations, before implementing a planned regulation that will speed up incentives for production. While the government has vowed to provide fiscal incentives for EVs, it should also prepare crucial infrastructure to support them, said Jongkie Sugiarto, […]

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Thailand: Sepo begins divestment process

The State Enterprise Policy Office (Sepo) has kicked off its planned divestment of 72 privately owned companies in which it owns less than a 50% stake by putting 18 non-listed securities on sale.  Sepo is waiting for bids from interested people after the divestment of the 18 securities was announced late last year, said a source […]

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Cambodia prepared for EU rice tariffs: Ministry

The government has downplayed the effects tariffs imposed by the European Union will have on the rice industry, arguing that it had been preparing for this scenario through a strategy to make the trade industry less dependent on the European bloc. Last week, the European Commission officially imposed tariffs on rice imports from Cambodia and […]

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