The Hanoitimes – The decision, set to valid until the end of 2020, would help customers save thousands of dollars. Prime Minister Nguyen Xuan Phuc has agreed to slash the registration fee for domestically-produced cars, which could account for up to 12% of the car price, by half in a move to stir up the car […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) has warned the public against a fake news article saying that the Philippine government has created a platform where Filipinos can invest in cryptocurrency. “There is no such effort by the government,” Finance Assistant Secretary Antonio Lambino said in a statement. “We categorically deny that there is […]
Read MoreWeakening purchasing power following business disruptions caused by the COVID-19 pandemic has battered the country’s automotive industry, forcing carmakers to significantly lower their car sales targets this year. The Association of Indonesian Automotive Manufacturers (Gaikindo) cut its domestic car sales target this year by 40 percent to just 600,000 units as the government’s large-scale social […]
Read MoreDomestic car sales shrank for an 11th straight month in April, tumbling 65.02% from a year earlier to 30,109 vehicles, as the coronavirus outbreak dampened demand, the Federation of Thai Industries (FTI) said on Wednesday. Sales in March slumped 41.74% from a year earlier. It was the 11th consecutive month of decreases after more than […]
Read MoreKUALA LUMPUR, May 20 — Malaysia’s consumer goods price inflation dropped 2.9 percentage points in April compared to the same period last year, with fuel recording the sharpest drop, official figures released showed today. The Department of Statistics’ latest inflation data marks the lowest monthly year-on-year consumer price index rate, but was expected as the […]
Read MoreMANILA, Philippines — Economists expect a bigger drop in remittances from overseas Filipino workers (OFWs) this year due to job losses resulting from lockdowns in host countries amid the coronavirus disease 2019 or COVID-19 pandemic. Euben Paracuelles, economist at Japanese investment house Nomura, said the amount of money sent home by OFWs to their loved […]
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Thailand
