KUALA LUMPUR: Malaysia’s new vehicle sales rose 22% to 40,581 units in January 2022 from 33,392 units registered in 2021, according to the Malaysian Automotive Association (MAA).] In its monthly update, MAA said of the total, passenger vehicles (PV) accounted for 33,668 units and commercial vehicles (CV) comprised 6,913 units. MAA said the total industry […]
Read MoreINDONESIA expects its economy to grow between 5.3 per cent to 5.9 per cent next year, above 2022’s 5.2 per cent growth target, even as it gradually withdraws pandemic-era fiscal support and reinstates strict fiscal rules, its finance minister said on Wednesday (Feb 16). The government will use this growth assumption to set 2023 spending […]
Read MoreVisa procedures will be handled normally as before the pandemic and restrictive measures will be removed. Vietnam will likely reopen to tourists from March 15, exempting visas and removing Covid-19 restriction measures on travel, thanks to the encouraging results from the immunization campaign across the country. The proposals were given by representatives from ministries and branches at a […]
Read MoreThe Thai baht hit a five-month high on Monday with optimism over the nation’s tourism sector boosting inflows. Reuters reports that the baht rose as much as 0.7% for a second consecutive session due to inflows into stocks and bonds, as well as rising gold prices as sales of the metal in US dollars and conversion pushed […]
Read MorePrime Minister Hun Sen has urged Singapore to encourage more investors to do business in Cambodia. The encouragement was made during the courtesy meeting between the Cambodian Premier and visiting Singapore Foreign Minister Dr. Vivian Balakrishnan, at the Peace Palace Wednesday. Hun Sen also asked both sides to boost their two-way trade and consider cooperation […]
Read MoreMANILA, Philippines — The country’s sugar production continued to grow in the first week of February, but at a slower pace of three percent, according to the Sugar Regulatory Administration (SRA). Figures from the SRA showed that raw sugar production reached 1.02 million metric tons (MT) as of Feb. 6, higher than the 989,204 MT […]
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