MANILA, Philippines — The increase in consumer prices slowed further in April, hitting its lowest level in 16 months primarily due to the falling cost of food, housing and utilities, the Philippine Statistics Authority (PSA) reported yesterday. The headline inflation eased to three percent from 3.3 percent in March 2019 and 4.5 percent in April […]
Read MorePETALING JAYA: International rating agencies are confident Malaysia will meet its fiscal targets, particularly the 3.4% fiscal deficit-to-gross domestic product (GDP) ratio this year, according to the Finance Ministry (MoF). The ministry issued a statement yesterday following Finance Minister Lim Guan Eng’s recent visit to the United States in April, where he engaged with international […]
Read MoreThe digital transformation of Thai small and medium-sized enterprises (SMEs) was ranked third out of six countries surveyed in Asean, following Malaysia and Singapore, according to a study commissioned by Cisco Systems. Cisco partnered with the Office of Small and Medium Enterprise Promotion (Osmep) to increase the digital capabilities of 200,000 local SMEs, which partly contributed […]
Read MoreThe first image that usually springs to mind when someone mentions any Southeast Asian capital is congested roads filled with honking cars and motorcycles. Congested roads have become synonymous with Southeast Asia, and that is not going to change anytime soon. According to the latest data, vehicle sales in Southeast Asia is set to outpace […]
Read MoreThe Ministry of Investment and Foreign Economic Relations has pledged to strengthen investment facilitation in related ministries. Speaking at a training workshop in Nay Pyi Taw, U Aung Naing Oo, the ministry’s permanent secretary, stressed the importance of investment facilitation and the role of all investment-facing government agencies in the process. “Investment promotion and facilitation […]
Read MoreThe Research Institute of Socio-Economic Development (RISED) in Surabaya has released on Monday a survey on ride-hailing ojek (motorcycle taxi) customers, in which 75 percent of respondents rejected the new government-regulated fares for exceeding the amount they were willing to pay. The survey, which involved 3,000 respondents, found that 47.6 percent refused to spend an additional Rp 5,000 (35 US cents) on their daily ojek rides, while […]
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Thailand
