SINGAPORE: Thai Beverage (Thai Bev) plans to sell a 20% stake in its regional beer business via a Singapore listing, in what is set to be the largest initial public offering in the city-state in nearly a decade. In a statement filed to the Singapore Exchange after midnight, Thai Bev said the move would give […]
Read MoreThe headline consumer price index (CPI) in January dropped a less than expected 0.34% from a year earlier, due to lower energy prices and a government utilities subsidy after a new coronavirous outbreak, the commerce ministry said on Friday. The January reading, marking an 11th straight month of decline, compared with a forecast fall of […]
Read MoreBANGKOK (REUTERS) – Delivery Hero’s Asia-focused delivery platform Foodpanda on Thursday (Feb 4) said it would stick with plans to expand its grocery offerings in Myanmar, despite the uncertainty from a military coup this week. “Overall, in 2021, we definitely have it our plans to launch in these four markets,” its new verticals director Abhishek Sahay […]
Read MoreThe Commerce Ministry has pledged to speed up tackling the container shortage and open more border checkpoints to increase trade, aiming to reach the ministry’s goal of export growth of 4% this year. Speaking after the year’s first meeting of Joint Public and Private Sector Consultative Committee on Commerce, Commerce Minister Jurin Laksanawisit said the […]
Read MoreRETAIL sales fell 3.6 per cent in December 2020 on a year-on-year (y-o-y) basis, with most industries recording declines as they remain affected by low visitor arrivals, according to the Singapore Department of Statistics (Singstat) on Thursday. This was a larger decline compared to the 1.7 per cent y-o-y decline in November, though gentler than […]
Read More[SINGAPORE] Indonesia has received an investment proposal from US electric vehicle (EV) maker Tesla, the country’s deputy head for investment and mining coordination, Septian Hario Seto, told reporters on Friday. Indonesia is the world’s biggest nickel producer, a material crucial for EV batteries, and has been publicly wooing Tesla to invest in the country to […]
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