KUALA LUMPUR, Dec 17 — Malaysia recorded new vehicle sales of 58,742 units in November 2021, marking the first month-on-month contraction after four consecutive months of at least double-digit growth. The total industry volume (TIV) fell 7.5 per cent from the 63,489 units sold in October 2021, the Malaysian Automotive Association (MAA) said. “(This was […]
Read MoreSINGAPORE – Singapore’s key exports defied supply chain disruptions and continued challenges from the Covid-19 pandemic to rack up their biggest increase in almost 10 years last month. Non-oil domestic exports (Nodx) surged 24.2 per cent year on year, extending the revised 17.8 per cent increase in October and growing for the 12th straight month, according to data released […]
Read MoreAccording to the Vietnam Automobile Manufacturers Association (VAMA), in November, 38,656 cars were sold, up 30% compared to the previous month and 6% over the same period of last year. Of this, there were 27,764 tourist cars, an increase of 40%; 10,280 commercial cars and 612 special-use cars, up by 8% and 39% over the […]
Read MoreThe Lao economy is projected to grow by 4.2 per cent in 2022, driven by commercial production for exports and opportunities and benefits arising from the Laos-China Railway. The rail link, which became operational recently, will enable Lao products, notably agricultural goods, to have better access to the Chinese market, according to a new report […]
Read MoreMANILA, Philippines (Update 1, 8:08 a.m.) — The Bangko Sentral ng Pilipinas (BSP) yesterday kept interest rates at record lows for its eighth and last policy meeting for the year even as the emergence of new COVID-19 variants poses downside risks to the outlook for economic growth and inflation. In a virtual press conference, BSP Governor Benjamin Diokno said the […]
Read MoreThe Council of Ministers on December 16 approved two draft bills, respectively amending the Law on Commercial Enterprises (“LCE”) and Law on Commercial Regulations and the Commercial Register (“LCRCR”), which are designed to improve the ease of doing business in Cambodia and prepare for post-Covid economic recovery. The endorsed draft instruments will now be put […]
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Thailand
