PRIVATE-SECTOR economists have further raised their growth forecast for 2021 to 6.5 per cent, according to the Singapore central bank’s survey of professional forecasters on Monday. In the previous survey released in March, economists had predicted a full-year growth of 5.8 per cent. This June survey is based on the views of 24 respondents polled […]
Read MoreKUALA LUMPUR: Foreign funds remained net sellers for the second straight week with net outflow of RM193.86mil last week against RM135.63mil in the preceding week, according to MIDF Research. “As the market reopened last Tuesday, foreign investors bought RM102.48mil net of local equities, with retailers and local institutions both as net buyers and net sellers […]
Read MoreJAKARTA: Indonesia aims to sell only electric cars and motorcycles by 2050 to replace vehicles powered by combustion engines, the country’s energy minister said on Monday, as the Southeast Asian country seeks to reduce its carbon emissions. All motorcycles sold from 2040 will be electric-powered, while all new cars sold from 2050 will be electric […]
Read MoreIncreased interest payments and amortization costs reduced the national government’s debt servicing in April by more than double compared to payments made a year earlier, data released by the Bureau of the Treasury showed over the weekend. In April, debt payments totaled P64.28 billion, down 130.74 percent from P148.34 billion a year ago. Interest payments […]
Read MoreCambodia will soon join the roster of gold producing countries after the government announced the commencement of commercial gold mining operations in the Okvau area in southwestern Mondulkiri province’s Keo Seima district from June 21. Prime Minister Hun Sen on June 10 announced that after 14 years of exploration and research by Australian miner Renaissance […]
Read MoreCar exports to Vietnam can expect to face non-tariff barriers after the country, the biggest importer within Asean of pickups and passenger cars from Thailand, prepares to enforce the new Euro 5 emission standard from Jan 1 next year. Manufacturers that cannot adjust to the stricter environmental standard stand to lose sales. The automotive club […]
Read More
Thailand
