The fuel price has been increasing over the last two months, dealing another blow to transport firms that have not recovered from Covid-19. Nguyen Anh Cuong, the owner of a transport firm providing services on Son La – Hanoi route, said the expenses on fuel account for 40 percent of transportation costs. The fuel price […]
Read MoreSINGAPORE is tightening the screws on how many expatriates it will let in — and of which nationalities. But is that bad news for the financial centre’s condominium landlords? Not necessarily. That’s because, unlike in the past, it isn’t your average expat that’s driving the rents higher in the financial centre. Excess local demand in […]
Read MoreGreen Era, a private Singapore-based company controlled by Indonesian billionaire Prajogo Pangestu, has bought 33.33% of Star Energy from Thailand’s BCPG for $440 million, giving him full ownership of three geothermal projects in Indonesia. Star Energy’s projects have a total gross capacity of 875 MW. Prajogo Pangestu already owned 66.6% of Jakarta-headquartered Star Energy through Barito […]
Read MoreNearly nine in 10 Thais are now using some form of cashless payment in their daily lives, according to the latest Visa Consumer Payment Attitudes study. Among those who have been making the switch, 43% said they lasted for more than a week without using cash, the global payments company said. The findings were based […]
Read MoreVietnam needs to be wary of imported inflation, especially from rising global energy and commodities prices, experts have warned, urging attention to be paid to promoting exports and putting imports under control. Vietnam needs to be wary of imported inflation, especially from rising global energy and commodities prices, experts have warned, urging attention to be […]
Read MoreMANILA, Philippines — Increasing the minimum fare in public transport could further push inflation up and affect economic growth as the government plays a balancing act between fare increase and the release of subsidies for drivers. During the House of Representatives hearing on Monday, the National Economic and Development Authority (NEDA) said the impact of […]
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Thailand
