The Finance Ministry is considering a revision of the import duty rates for electric vehicles (EV) to make them more affordable for consumers, says Deputy Finance Minister Santi Prompat. Mr Santi said the goal is to enable Thais to buy EVs at reasonable prices as part of the country’s EV promotion policy. Thailand’s EV import tax […]
Read More[MANILA] The Philippines’ energy secretary Alfonso Cusi has appealed to Indonesia to lift its coal export ban, saying the policy will be detrimental to economies heavily reliant on the fuel for power generation, Manila’s Department of Energy said on Monday (Jan 10). Indonesia, the world’s biggest thermal coal exporter suspended exports on Jan 1 after […]
Read MoreIn the third quarter (Q3) of 2021, Brunei Darussalam’s gross domestic product (GDP) growth rate declined by 2.2 per cent year-on-year. This was due to a decrease in the oil and gas sector by 5.3 per cent. The non-oil and gas sector, however, recorded an increase of one per cent. The Sultanate’s GDP at current […]
Read MoreKUALA LUMPUR, Jan 9 — Malaysia has been ranked 13th in the latest Nikkei Covid-19 Recovery Index after almost two years of battling the Covid-19 pandemic, Health director-general Tan Sri Dr Noor Hisham Abdullah said. In a post on Facebook tonight, he said the Nikkei Covid-19 Recovery Index highlights a divide between Asia and the […]
Read More[BANGKOK] Thailand’s central bank said on Monday (Jan 10) the country’s economy could see lower growth in the first half of 2022 than a baseline scenario due to uncertainties caused by the Omicron variant of the coronavirus. While South-east Asia’s second-biggest economy has been supported by domestic spending and a rebound in tourism, a growing […]
Read MoreVIENTIANE: The Regional Comprehensive Economic Partnership (RCEP) agreement could bring great economic development opportunities to the region and the agreement is very beneficial for Laos, said Daovone Phachanthavong, the vice executive president of the Lao National Chamber of Commerce and Industry (LNCCI). Being part of the agreement would provide more market opportunities for Laos to expand production for export […]
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