If the Indonesian government increases the fares of ride-hailing services too high to please the drivers, it could turn away customers who find them no longer economical. That’s the finding of a study by the Research Institute of Socio-Economic Development (Rised), which concluded that more than 70 per cent of current customers would cease using […]
Read MoreSINGAPORE: The baht is looking to repeat its performance as one of Asia’s best currencies last year. Today’s growth data will shed light on a key pillar of its recent strength and may help it stay in pole position at least through the first quarter. After being beaten by only the yen in 2018, the […]
Read MoreMANILA, Philippines — The government is studying the possibility of imposing a non-tariff fee for sugar imports in line with liberalizing the sugar industry, the chief of the Department of Trade and Industry (DTI) said. In an interview, Trade Secretary Ramon Lopez said one of the possible solutions to liberalize the sugar industry is to impose a non-tariff […]
Read MoreSINGAPORE: Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in today’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year. While not expected to be as headline-grabbing as last year – when Heng flagged a hike in the […]
Read More[HANOI] Vietnam’s trade surplus stood at US$816 million in January compared with the government’s previous estimate of an US$800 million deficit for the month, customs data showed on Monday. Exports in January rose 12.4 per cent from the previous month to US$22.1 billion, while imports rose 4 per cent to US$21.3 billion, the customs department […]
Read MoreA mountain of debt continues to shackle purchasing power in Thai households as they grapple with a harsh reality amid sputtering economic conditions. Household debt to GDP rose marginally to 78% as of last year’s third quarter from 77.9% at year-end 2017, but the debt value has risen considerably to 12.56 trillion baht from 12.1 trillion, […]
Read More
Thailand
