SINGAPORE – Retail sales fell in November, after two months of year-on-year growth, according to figures released by the Singapore Department of Statistics on Friday (Jan 11). Takings at the till dipped by 3 per cent compared to November 2017, dropping further than Bloomberg’s 2.4 per cent forecast. Car sales registered a big drop, declining […]
Read MoreTHE Consumer Price Index (CPI) in November 2018 increased by 0.2 per cent year-on-year compared to November 2017 due to an increase in prices of food and non-alcoholic beverages by 0.9 per cent while non-food prices decreased by 0.002 per cent, according to statistics released by the Department of Economic Planning and Development (JPKE). The […]
Read MoreThe Philippine Land Transportation Franchising and Regulatory Board (LTFRB) has rejected the request from Indonesian ride-hailing company Go-Jek to operate in the country because of a local regulation on corporate ownership. The LTFRB pre-accreditation committee’s Resolution No. 096, dated Dec. 20, 2018, rejects Go-Jek’s application through local transport network company (TNC) Velox Technology Philippines, kompas.com reported on recently. The board rejected the application on the […]
Read MoreHANOI — Embracing the digital transformation is critical for Vietnamese bankers in the era of Industry 4.0, experts said during the 2019 Asian Banker Conference in Hanoi on Thursday. The event, themed ‘Future of Finance Vietnam’, was organised by Singapore-based The Asian Banker, a provider of strategic business intelligence to the region’s financial services community. The event brought financial […]
Read MoreKyin San Kyawt gate at the Myanmar-China border has been temporarily reopened with effect from January 10, U Khin Maung Lwin, assistant secretary from Ministry of Commerce, told The Myanmar Times. “It is temporarily open for the fruit season,” he said. Details of the official plan have yet to be confirmed. Kyin San Kyawt gate is […]
Read MoreMANILA, Philippines — Government spending on infrastructure continued to grow year-on-year last November, but at a slower pace compared to the spending growth recorded in the previous month, the Department of Budget and Management (DBM) reported yesterday. According to the latest disbursement report of the DBM, spending for infrastructure and other capital outlays in November last year rose by 43.6 percent […]
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