MANILA, Phillipines — A trade war may be brewing between the Philippines and Thailand as the Department of Trade and Industry (DTI) is considering the imposition of duty on vehicle imports from Thailand as a retaliatory measure for the latter’s failure to comply with a World Trade Organization (WTO) decision on a cigarette tax case […]
Read MoreSINGAPORE (Xinhua) – Singapore’s retail sales declined by 2.2 per cent year-on-year in September, compared to a re-calculated four per-cent decrease in August, the Department of Statistics of Singapore announced yesterday. On a seasonally adjusted basis, the retail sales increased by 1.9 per cent month on month in September, compared to a 1.2 per cent […]
Read MoreThe Hanoitimes – Energy demand will rise strongly in Vietnam as the country needs power to run its fast-growing economy. Vietnam is estimated to need up to 40.1 billion cubic meters (bcm) of imported natural gas by 2035, 40 times the current demand, according to estimates by PetroVietnam Gas Joint Stock Corporation (PV Gas), the largest […]
Read MoreA new mobile phone application that was designed to be a one-stop shop for tourists planning to visit Thailand was unveiled on Wednesday. Dubbed “TAGTHAi” by its developers at Kasikorn Business Technology Group, the app will be operated by Thai Digital Platform Social Enterprise Co. The app offers access to services provided by 20 state […]
Read MoreMANILA, Phillipines — Economists said the Bangko Sentral ng Pilipinas (BSP) may step on the brake pedal and keep interest rates unchanged today, as the easing cycle is expected to resume next year. ING Bank Manila senior economist Nicholas Mapa said the BSP is expected to hold fire after unloading a salvo of rate cuts […]
Read MoreTHE merger and acquisition (M&A) appetite in South-east Asia remains stable despite global uncertainty, according to the latest EY Global Capital Confidence Barometer released on Nov 12. Some 41 per cent of respondents in South-east Asia had acquisition plans in the next 12 months, below the global average of 52 per cent but close to […]
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