TOKYO — Southeast Asian coal demand is forecast to rise 5% yearly through 2023 for the fastest growth rate worldwide, an International Energy Agency report published Tuesday says, as Asia makes up for declines in usage elsewhere. Global coal demand appears likely to grow in 2018, though the IEA report predicts this demand will remain […]
Read MoreThe “Downtown VAT Refund for Tourists” campaign has kick-started an initiative to set up counters in numerous locations across central Bangkok to help tourists obtain value added tax refunds when shopping at authorised retailers, the Revenue Department said on Tuesday. VAT refunds will be returned to tourists in the form of cash in baht, encouraging […]
Read MoreKUALA LUMPUR: The Malaysian consumer price index (CPI) rose 0.2% in November to 121.0 compared with 120.8 recorded in the same period a year ago, said the Department of Statistics. The rise was due to the higher price for housing, water, electricity, gas and other fuels (+2.0 per cent), education (+1.4 per cent), restaurants and […]
Read MoreThe Hanoitimes – As the trade war with the US escalates, many investors are withdrawing from China to neighboring countries like Vietnam. Vietnam has experienced a rising demand for industrial land, housing for workers and other technical infrastructure from foreign investors, who have started to shift their production to the country to avoid adverse impacts of […]
Read MoreMANILA, Philippines — Inflation may fall below six percent for the first time in four months at 5.7 percent in December due to lower oil and food prices, according to British banking giant HSBC. “We expect inflation to have peaked at 6.7 percent year-on-year and to continue its gradual decline in December to 5.7 percent. The deceleration has largely been […]
Read MoreSizable private sector debt, concentrated economic activities, relaxed underwriting standards and a very weak payment culture could result in the credit risk in the economy to remain extremely high, S&P Global Ratings said in a report yesterday. It found the economic risk in Cambodia’s banking system is to stay high by global standards with an […]
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Thailand
