BANK Indonesia (BI) will deliver a second successive half-point interest rate hike on Thursday (Oct 20) in an attempt to catch up with its peers and curb inflation stemming partly from a weaker rupiah, a Reuters poll found. Relatively lower inflation allowed the central bank to hold off with raising rates until August. But in […]
Read MoreDEMAND for luxury condominiums in Singapore continues to hold up, even as sales of top-end Good Class Bungalows (GCB) soften, said Huttons Asia in its latest report on the luxury market released on Tuesday (Oct 18). According to the report, 110 non-landed new homes with a price tag of S$5 million and above were sold […]
Read MoreLaos-China Railway plans to improve the transportation of goods by railway across the border and create opportunities for companies to export their products. Mr. Asan, a Chinese translator for the project management department of China Railway Construction Group (CRCG) revealed that the railway company is exploring a new model of international railway transportation expanding the Laos-China railway […]
Read MoreThe value of imports and exports passing through the Chinese-invested Sihanoukville Special Economic Zone (SSEZ) in Cambodia rose to $1.9 billion in the first nine months of 2022, up 21 percent from $1.57 billion over the same period last year, said an operator’s report on Monday. Situated in the southwestern coastal province of Preah Sihanouk, […]
Read MoreVietnam’s economic growth was reported in all three key sectors, of which services increased by 10.57%, industry-construction up 9.63%, and agriculture-forestry-fishery up 2.99%. Despite global volatilities, Vietnam’s economy has rebounded strongly this year beyond the forecasts of many international organisations, making the country one of the rare bright spots in the global gloomy picture and […]
Read MoreIndonesia is setting a three-year deadline for all state-owned companies to use only electric vehicles as part of its goal of reaching net zero emissions by 2060. The government will also push state-run bus operators Perum PPD and DAMRI to fully electrify their fleet, said State-Owned Enterprises Minister Erick Thohir, without giving a timeline. They have […]
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Thailand
