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Thailand: Ministry mulls revision of EV import duties

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 […]

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Philippines urges Indonesia to lift coal export ban

[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 […]

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Brunei: Non-O&G sector records growth in Q3

In 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 […]

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