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 […]
Read MoreMANILA, 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 […]
Read MoreVietnam’s digital economy is expected to reach $43 billion by 2025, according to the e-Conomy Southeast Asia report from Google, Temasek and new partner Bain & Company. Nguyen Quang Dong, Director of the Institute for Policy Research and Communication Development, said digital service industry is recording the fastest growth and is suitable with Vietnam’s strengths […]
Read MoreKUALA 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 […]
Read MoreSINGAPORE: Singapore’s January non-oil domestic exports increased 12.8% from a low base last year, official data showed on Wednesday, driven by shipments of specialised machinery, non-monetary gold, petrochemicals and electronics. It marked the quickest pace of growth since June, and compared with economists’ expectations for a 5.4% rise, according to a Reuters poll. Exports climbed […]
Read MoreE-commerce giant Lazada has vowed to amplify its investment in key marketing campaigns and roll out a series of new solutions, including a cross-store platform promotion tool this year to spur customer spending amid the pandemic. According to mobile data and analytics platform App Annie, Lazada saw 26 million active users in December last year, […]
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