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Indonesia pushes for electric-vehicle ecosystem

JAKARTA: After successfully showcasing its electric-vehicle (EV) ecosystem during the G20 Leaders’ Summit in Bali Island last November, Indonesia is once again trying to promote its commitment to energy transition through EV programmes ahead of the 2023 Asean Summit. The Indonesian government has revealed that at least 275 electric cars will be deployed to transport […]

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Thailand: Toshiba reassures local customers

Toshiba Thailand is telling customers its business will not be affected by Toshiba Corporation’s recent acceptance of a buyout offer for about ¥2 trillion (500 billion baht) from a group led by domestic private equity firm Japan Industrial Partners Inc (JIP). Kobkarn Wattanavrangkul, chairwoman of Toshiba Thailand Co, yesterday said she remained confident in the company’s […]

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Vietnam Q1 GDP growth slows as weak demand hits exports

HANOI, March 29 (Reuters) – Vietnam’s economic growth in the first quarter slowed to 3.32% from an expansion of 5.05% in the same period last year, government data released on Wednesday showed, as its exports fell sharply. The Southeast Asian country, a regional manufacturing hub, reported a 11.9% year-on-year fall in its exports in the […]

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Malaysia: Monetary policy to remain supportive to ensure economic growth sustainability, price stability, says BNM

KUALA LUMPUR (March 29): Bank Negara Malaysia (BNM) said its monetary policy considerations will continue to focus on managing inflation risks while supporting sustainable economic growth, in view of a more moderate economic growth projected. In its Economic and Monetary Review 2022 released on Wednesday (March 29), the central bank also said its Monetary Policy Committee (MPC) […]

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