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Indonesia: Inflation recorded at 0.17 percent in February

The Central Statistics Agency (BPS) recorded 0.17 percent month-on-month inflation in February, compared to 0.62 percent inflation in the previous month. Cumulative inflation in January and February was recorded at 0.79 percent, while year-on-year inflation was recorded at 3.18 percent in February. “Inflation was sparked by price increases in all spending components from processed foods, […]

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Thailand again ‘thinking’ about joining TPP

Thailand is considering applying to join the 11-nation trade deal that was initiated by ex-president Obama but abandoned by President Donald Trump on his first day in office. Negotiations over the deal were concluded in January by the countries — Singapore, Brunei, Malaysia, Vietnam, Australia, Mexico, Canada, Peru, Chile, Japan and New Zealand — who […]

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Malaysia auto sales among worst in Asean in 2017

KUALA LUMPUR: The sale of vehicles increased in all Asean countries except Malaysia and Brunei last year. Total sales in Malaysia fell by 3,450 units to 576,635 from 580,085 in 2016, according to the Asean Automotive Federation (AAF). The Edge Markets quoted the AAF as saying Brunei sold 15% less in 2017 at 11,209 units. […]

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ASEAN’s potential ‘yet to be fully realised’: Lim Hng Kiang

SINGAPORE: Currently the sixth-largest economy in the world and projected to be the fourth-largest by 2030, ASEAN’s potential has “yet to be fully realised”, said Minister for Trade and Industry (Trade) Lim Hng Kiang on Thursday (Mar 1). “With our young population, growing middle class and rapidly increasing urbanisation, ASEAN’s potential has yet to be fully […]

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Vietnam: Dung Quat Oil Refinery reveals strategic investors

The Hanoitimes – Binh Son Refinery and Petrochemical (BSR) made its debut on the Unlisted Public Company Market (UPCoM) on March 1, revealing the name of its two strategic investors at the event. As of present, 02 investors have registered to become strategic investors for BSR, namely Vietnam National Petroleum Group (Petrolimex) and Indian Oil Corp […]

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