sin01
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Singapore firm announces plans for local solar sector

Singapore-based Indochina Energy Partners is focusing on rooftop solar installations in three Southeast Asian nations, including Cambodia. According to a report by ScanAsia released Monday, IEP is working on rooftop photovoltaic panel installations in Vietnam, Myanmar and Cambodia. Thomas Jakobsen, IEP managing director, said the company is already successful in Vietnam’s rooftop photovoltaics sector. Funded […]

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Thailand: Somkid downplays rate role in boosting growth

Interest rates are less important than confidence as a mechanism for propping up economic growth, says Deputy Prime Minister Somkid Jatusripitak. Amid a gloomy global economy, Thailand needs to build confidence above all, Mr Somkid said, adding that tepid investment is contributing to the firmer baht, so it’s necessary to ramp up investment to bolster […]

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Malaysia: Lower vehicle sales in August

PETALING JAYA: Total vehicle sales in August dropped 22% to 51,148 units from 65,550 units in the previous corresponding period, due to the higher base last year as vehicles received a boost in sales from the one-off tax holiday. In a statement yesterday, the Malaysian Automotive Association (MAA) said year-on-year passenger car sales dropped 16% […]

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