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Thailand: CPI up, but below forecast, in July

Annual headline consumer price index (CPI) rose 0.98% in July from a year earlier, slightly lower than a Reuters poll forecast of a 1% increase, following June’s 0.87% rise, commerce ministry data showed on Thursday.  July headline inflation was below the central bank’s 1%-4% target range for a second straight month. The annual core inflation […]

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Indonesia plans auto-rules overhaul to form electric-car hub

Indonesia is planning a slew of incentives for electric-car manufacturers and drivers, to help bolster a sector that has already lured investment from Toyota Motor Corp and SoftBank Group Corp, according to a draft government strategy seen by Bloomberg. The measures are aimed at accelerating the adoption of battery-powered cars in Indonesia and building a […]

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