The Ministry of Land Management this week reported a 19 percent drop in the number of approved construction projects for 2018, with only 2,867 projects being greenlighted, compared to 3,052 last year. Total investment in construction projects this year totalled $5.2 billion, down from 2019’s $6.4 billion. Local real estate experts, however, are not worried […]
Read MoreThe Energy Policy Administration Committee (Epac) has decided to cut retail oil prices by another one baht per litre for both gasoline and diesel segments from Monday, says Energy Minister Siri Jarapongphan. “Energy policymakers want to ease people’s transport burden over the New Year holiday,” he said. Epac decided on two discount measures. The first is […]
Read MoreSINGAPORE — China-bound exports from Southeast Asia have increased as businesses move up shipments before the Sino-American trade war intensifies further, setting the stage for a drop-off later that threatens to put the brakes on the regional economy. Re-exports of nonoil goods in the global trade hub of Singapore increased 9.4% on the year in […]
Read MoreKUALA LUMPUR: Due to adequate reserve margin at 30 per cent and flat economic fundamentals, the power sector does not see much growth in 2018 even though the distribution side is still keeping pace with supply connections to new areas and new demands. Structural changes in the economy, depreciation of the ringgit, as well as […]
Read MoreSINGAPORE – Singapore’s headline or overall inflation fell to 0.3 per cent in November, a six-month low, as private transport costs fell again for the fifth consecutive month this year. After staying at 0.7 per cent for three straight months, the consumer price index (CPI), which measures the cost increase of all items, eased on […]
Read MoreChina is exercising a level of economic influence on the Mekong states not seen since the height of its imperial might. Southeast Asia Globe breaks down the rising superpower’s relationship with each of these nations and the role each country plays in furthering China’s economic and political agenda Southeast Asia’s longest river winds its way […]
Read More
Thailand
