KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) and its joint venture partners Repsol and MOECO have made the largest gas find in Indonesia in 18 years in the Sakakemang block in South Sumatara. Repsol said on Wednesday the KBD-2X well provides preliminary estimation of at least 2 trillion cubic feet (TCF) of recoverable resources. “The find […]
Read MoreTHE Asia-Pacific is the only region that can expect growth in hotel transaction volumes this year, according to the latest JLL Hotel Investment Outlook. The global real-estate consultant anticipates Asia-Pacific’s total hotel transaction volume to hit US$9.5 billion (Bt297 billion) this year, marking a 15-per-cent increase from last year. In 2018, transaction activity was fuelled […]
Read MoreThe Thai Bankers Association or TBA expects to use digital ID by March this year, the association’s chairman of payment systems, Yos Kimsawate, said recently. He added that the first phase of digital ID will use electronic customer identification, or e-KYC, to open accounts, and could be in place as early as this March. A […]
Read MoreMANILA, Philippines — Foreign selling pulled down the market yesterday, sending the index below the 8,000 mark. The benchmark Philippine Stock Exchange index tumbled by 76.83 points, or 0.97 percent, to close at 7,833.75. The broader All Shares gauge, meanwhile, was down 38.71 points, or 0.80 percent, to end at 4,802.89. The sectoral indices fared […]
Read MoreThe Hanoitimes – In January, Vietnam imported a total of 11,658 cars worth US$274 million, up 47-fold compared to the same period of last year. Car sales Vietnam are reported at 33,484 units in January, down 2% month-on-month but up 27% against the same period of last year, according to a monthly report by Vietnam Automobile […]
Read MoreThe Hanoitimes – The fast-changing nature of Vietnam’s e-commerce environment requires timely modification of related regulations. Vietnam’s fast-growing ecommerce has exposed shortcomings in the current legislation, posing challenges for both government agencies and users, Cong Thuong newspaper, run by the Ministry of Industry and Trade, reported. Huge potential for growth Total revenue of Vietnam’s e-commerce in […]
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