At present, the level of efficiency in SOEs operation still remain modest and disproportionate to the amount of state capital under their disposal. The lack of autonomy is restricting state-owned enterprises (SOEs) from embarking on innovation and supporting startups. Deputy Director General of the Enterprise Development Agency under the Ministry of Planning and Investment Nguyen […]
Read MoreKUALA LUMPUR: Gas Malaysia Bhd has been directed to implement the new average base tariff for the utilisation of the natural gas distribution system (NGDS) under the Incentive-Based Regulation (IBR) framework. In a filing with Bursa Malaysia, Gas Malaysia said the directive was issued via a letter from the Energy Commission dated March 31. “With the adjustment […]
Read MoreThe tourism-reliant economy could contract in the first quarter from the preceding three months and the corresponding year earlier period due to the impact of a new coronavirus outbreak, the central bank said on Wednesday. The Southeast Asian country had largely contained the spread of Covid-19 by mid-2020, but a new outbreak that emerged in […]
Read MoreThe National Bank of Cambodia yesterday released a data on the money supply of the nation in 2020. According to the National Bank of Cambodia (NBC)’s statistics, at the end of 2020, broad money surged to KHR 136.5 trillion, up by 15 percent compared to the previous year. The currency outside depository corporations reached KHR […]
Read MoreMANILA, Philippines — Philippine banks remain at risk amid the prolonged weakness of the property sector despite the recovery in prices in the fourth quarter of last year, according to Fitch Ratings. In a report, the debt watcher said the Philippines’ property market would remain weak amid the impact of the pandemic. “We expect the […]
Read MoreThe biggest challenge for Vietnam’s economy in 2021 is whether the country could deal with another resurgence of Covid-19 outbreak. As domestic production and services sectors continue to struggle with Covid-19 impacts, external trade with the foreign-invested sectors playing a leading role will serve as the driving force for Vietnam’s economic growth this year. This […]
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Thailand
