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Major eyeing CLMV to help drive revenue

SET-listed Major Cineplex Group Plc, operator of the country’s largest cinema chain, is set to expand into Myanmar next year to help boost revenue. After the successful expansion in Laos and Cambodia this year, Major Cineplex is planning to expand its cinemas to Myanmar next year, according to chairman Vicha Poolvaraluck. The company’s cinema expansion […]

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Thailand: Digital economy on the move

THE value of Thailand’s digital economy has swelled by 20 per cent this year to Bt2.5 trillion, accounting for 17 per cent of gross domestic product (GDP), with even faster growth pencilled in for next year by a leading forecaster. The Centre for Economic and Business Forecasting of University of the Thai Chamber of Commerce […]

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Malaysia: KLCI sees post-Christmas profit-taking

KUALA LUMPUR: The local bourse pulled back in early trade following the strong performance in the previous week. Asian markets came out of the Christmas weekend trading mixed, with Chinese stocks lagging behind even as its central bank lifted its official yuan midpoint to the highest level in 3.5 months at 6.5416 per dollar. At […]

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Indonesia: Xmas Holiday, Non-Subsidized Fuel Consumption Rises by 10 Percent

TEMPO.CO, Jakarta – State oil and gas company Pertamina recorded an increase in the consumption of non-subsidized fuels by 10 percent during the Christmas and New Year holiday season. “Consumers’ interest in quality fuels is reflected by the increasing consumption of non-subsidized fuels, such as Pertalite, Pertamax, Dexlite, and Pertamina Dex,” Pertamina spokesperson Adiatma Sardjito said in a […]

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