HIGHER private transport, retail and food inflation bumped Singapore’s headline inflation higher to 0.9 per cent in May, outstripping economists’ estimates of 0.6 per cent and rising from 0.8 per cent in April, according to consumer price index (CPI) figures released by the Department of Statistics on Monday. A steep rise in car prices more […]
Read MoreThe growth of illicit cigarette trade in Malaysia has caused a number of major problems in the country, including the loss of billions in ringgit (RM) to tax evasion, a study has found. The Economics of the Illicit Tobacco Trade in Malaysia report released in June revealed that in 2018, about 60 per cent Malaysia’s cigarette […]
Read MoreThe Hanoitimes – The government continues to create favorable conditions for foreign companies to do business in Vietnam, especially in priority fields, reported the governmental portal. Vietnam would not accept foreign direct investment (FDI) at all costs, but focuses on projects that apply modern and environmentally-friendly technologies, and are energy efficient, Prime Minister Nguyen Xuan Phuc […]
Read MoreVARIOUS statistics and studies pertaining to Brunei Darussalam were released in May, covering areas including population, economic growth, trade and tourism. For the tourism sector in Brunei, a milestone was achieved in 2018 with the highest number of tourist arrivals ever recorded, as international tourist arrivals grew by 7.4 per cent year-on-year (y-o-y) from 258,955 […]
Read MoreBangkok taxi drivers will on Monday swarm the Department of Land Transport (DLT) and the Bhumjaithai Party’s headquarters, to protest against legalising ride-hailing services. The rally comes amid reports that the DLT is pushing forward with plans to make services such as Grab, which involves private cars and motorcycles, legal. Saksayam Chidchob, secretary-general of the […]
Read MoreThe Energy and Mineral Resources Ministry and House of Representatives Commission VII, which oversees energy policy, have agreed to assume an Indonesian Crude Price (ICP) of US$60 per barrel for the 2020 state budget. The decision was made at a recent hearing, in which the two parties also agreed on the oil and gas lifting […]
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Thailand
