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Thailand: ‘Reflation theme’ on the up

Investors are riding the reflation investment trend with commodities and consumption-related stocks outperforming again, as the global economy recovers and brings with it another wave of inflation. Conversely, investors are selling off gold and secured assets that once performed well during the uncertainty of the pandemic, but are now dropping in profit return. As there […]

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PTTEP move strengthens investment in Malaysia

PTT Exploration and Production Plc (PTTEP) has started its natural gas production at Rotan and Buluh deepwater fields of Block H off the coast of Sabah, Malaysia, marking its move to strengthen investment in Malaysia. The production will increase the company’s petroleum supply and sales volume in the neighbouring country. The first gas production in […]

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Philippine vehicle output, sales lag in ASEAN

MANILA, Philippines — The Philippines ended 2020 with a double-digit decline in motor vehicle production and sales on subdued demand due to the health crisis. Data released by the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed motor vehicles assembled in the Philippines fell 29 percent to 67,297 units last year from 95,094 […]

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It’s wait-and-see for Malaysian businesses in Myanmar

KUALA LUMPUR: There are no specific indications of Malaysian businesses pulling out of Myanmar following the coup early this month but some might rethink the decision if the situation worsens, said vice president of the Malaysian Economic Association Dr Evelyn S. Devadason. The University of Malaya professor said Myanmar is also highly unlikely to be […]

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