The State-Owned Enterprises (SOE) Ministry is limiting the number of expert staff members allowed on each SOEs’ board of directors after finding that some staffers were paid hundreds of millions of rupiah every month. “We found that several SOEs are employing 11 to 12 expert staffers or advisors [as directors]. Some are receiving a monthly […]
Read MoreCar imports in Vietnam have increased again after a long slump caused by the impact of Covid-19. Thailand and Indonesia have been the biggest sellers. The General Department of Customs (GDC) reported that in July, Vietnam imported 4,761 CBU cars of different kinds, an increase of 34 percent over the month before. This included 1,698 […]
Read MoreThe government has ordered state-owned electricity company PLN to lower the electricity rates for all homes and certain businesses to boost the pandemic-hit economy amid low fuel prices. Under the order, PLN will cut its electricity rate, which is expressed in rupiah per kilowatt hour (Rp/KwH), by 1.5 percent. The price is down to Rp […]
Read MoreFood company PT Malindo Food Delight launched on Tuesday its first export to Japan amid declining global trade due to the COVID-19 outbreak. Malindo Food Delight shipped 6 tons of chicken products including nuggets and sausages worth Rp 156 million (US$10,597) to the East Asian country. The company produces 9,000 tons of such products each […]
Read MoreThe Transportation Ministry has urged city and provincial administrations to regulate the use of electric scooters (e-scooters) and similar vehicles as their popularity grows. The local regulations should include sanctions for violations of e-scooter policies, said Budi Setiyadi, the ministry’s land transportation director general, on Monday. The ministry issued Transportation Ministerial Regulation No. 45/2020 on electric […]
Read MoreIndonesia recorded the lowest inflation in two decades in August as consumer prices fell due to weakening purchasing power, Statistics Indonesia (BPS) announced on Tuesday. BPS said Indonesia’s consumer price index (CPI) declined to 1.32 percent in August. The CPI fell further below Bank Indonesia’s 2020 inflation target of 2 to 4 percent to reach the lowest level since May 2000, […]
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Thailand
