Registered vehicles have risen 13 percent in one year because of rapid economic expansion and rising incomes, according to the annual report from the Ministry of Public Works and Transport. The Ministry’s report puts the number of newly registered vehicles this year at 640,183 in total. Consisting of 15,956 heavy vehicles, 92,958 cars and 531,269 […]
Read MoreBusiness operators are calling for the government to beef up measures to support companies and Thais to assist with soaring operating and living costs amid high economic uncertainty this year, mainly driven by rising oil prices as a result of US-Iran military tensions. The price per barrel of crude oil could reach as high as […]
Read MoreThe Hanoitimes – Vietnam has so far also outlined primary strategies to lure high quality foreign investment until 2030 under a Politburo resolution. Experts have called on the Vietnamese government to set new standards to sort out investment projects so as to ensure that foreign capital inflow into the country is truly qualified and environmentally friendly. […]
Read MoreShippers are painting a gloomy picture of the country’s exports, predicting outbound shipments to contract by as much as 5% this year. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said the strong baht remains a key risk weighing on export prospects this year, along with drought and the latest US-Iran tensions. “We […]
Read MoreKUALA LUMPUR: The negative sentiment among Malaysian businesses is possibly bottoming out, according to the latest RAM Business Confidence Index (RAM BCI). The rating agency said on Wednesday the Corporate Index finally bucked the downtrend of the last few quarters to rise 3.2 points to 56.4 while the SME Index rose for the second consecutive […]
Read MoreIndonesia’s 2019 state budget deficit totaled 2.2 percent of gross domestic product (GDP), wider than the government’s target of 1.8 percent due a revenue shortfall of around Rp 207.9 trillion (US$15 billion). The government collected Rp 1.96 quadrillion in state revenue last year, below its target of Rp 2.16 quadrillion, Finance Minister Sri Mulyani Indrawati […]
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Thailand
