The Transportation Ministry has issued two new regulations on airline tickets that will determine the calculation of airfares and price ceilings. The two regulations are in the form of Transportation Ministerial Regulation No. 20/2019 on airfares for domestic commercial airlines and Ministerial Decree No. 72/2019 on airfare ceilings, which is a derivative regulation of the former. According to Nur Isnin Istiarto, secretary to […]
Read MoreIndonesia recorded 0.11 percent month-to-month inflation in March, driven by price increases in the manufactured food, beverage and cigarette category, as foodstuff prices remained relatively stable, Statistics Indonesia (BPS) announced on Monday. Year-to-date inflation stood at 0.35 percent, while year-on-year (yoy) inflation was recorded at 2.48 percent. In the first quarter of this year, yoy inflation […]
Read MoreIndonesia, along with two other members of the International Tripartite RubberCouncil (ITRC) — Malaysia and Thailand – will cut the export of natural rubberin an attempt to stabilize the commodity’s global price. Starting April 1, Indonesia will cut rubber exports by 98,160 tons over the next four months, while Malaysia will cut the export by 15,600 tons and Thailand, the largest rubber producer, will cut […]
Read MoreMost board meetings follow a predictable blueprint. The chairman calls the meeting to order. The agenda items are reviewed. The last meeting minutes are approved. Quarterly performance figures are discussed. But compliance to form does not guarantee substance, let alone performance, argues Kulvech Janvatanavit, chief executive of the Thai Institute of Directors (IOD). “It’s not just […]
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Thailand
