Average fuel consumption contracted by 7.7% to 138.9 million litres per day in the first quarter due mainly to the recurrence of Covid-19, says the Department of Energy Business (DOEB). Consumption stood at 150.6 million litres per day during the same period last year. Demand for almost all types of petroleum products, including benzine and […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) surged 9.3% in March from a year ago, exceeding a Bloomberg survey of an 8.7%, as the growth was powered by the manufacturing and electricity segments. This was the strongest growth since July 2013. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Thursday the growth of […]
Read MoreMANILA, Philippines — Fewer Filipinos were unemployed in March than a month ago, but some of those likely relegated back to joblessness last month when lockdowns returned and businesses shut down anew in key urban areas. The harsh reality underscores the calamitous impact of pandemic restrictions in livelihood as well as the fragility of an ongoing […]
Read MoreThe hotel sector is urging the government to extend domestic stimulus programmes to cover the high season in the final quarter, after those projects were interrupted by the third outbreak. The cabinet on Wednesday announced that two tourism stimulus packages, “We Travel Together” — a subsidy on hotels and airfares — and “Tour Teaw Thai” […]
Read MoreTens of millions of dollars will pour into the Kingdom after the Council for the Development of Cambodia (CDC) approved six new projects. The diverse investments constitute about $106 million of much-needed investment and employment for more than 1,500 people. The Investment Committee of Cambodia of the CDC decided to issue final registration certificates to […]
Read MoreMANILA, Philippines — Inflation steadied at 4.5 percent in April despite the continued hike in meat prices as this was offset by lower costs in other food items, the Philippine Statistics Authority (PSA) said. In its latest report, the PSA said headline inflation the rate of increase in the consumer price index made up of […]
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Thailand
