Showing 1 - 10 of 183
Chinese automakers retain grip over Southeast Asia's EV market
Reuters, Published on 21/06/2024
» Electric vehicle (EV) sales are surging in Southeast Asia, led by China's BYD (Build Your Dreams) and Vietnam's VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.
Indonesia sees more capital inflows after rate hike
Reuters, Published on 08/05/2024
» JAKARTA: Indonesian central bank governor Perry Warjiyo said on Wednesday more capital inflows had been seen since Bank Indonesia hiked interest rates last month in an effort to stabilise the rupiah, and he expected the trend would continue.
Singapore, Malaysia weigh passport-free travel
Reuters, Published on 11/01/2024
» KUALA LUMPUR - Malaysia and Singapore agreed to jointly develop a special economic zone and explore a range of measures including passport-free travel to boost trade between the neighbours that each count the other as the No. 2 trading partner.
Apec leaders divided on Ukraine, Gaza wars, back WTO reform
Reuters, Published on 18/11/2023
» SAN FRANCISCO - Pacific Rim leaders showed divisions over the wars in Ukraine and Gaza after a two-day summit of the Asia-Pacific Economic Cooperation (Apec) forum on Friday, although they pledged support for reform of the World Trade Organization (WTO).
Sri Lanka approves free tourist visa for Thailand, 6 other countries
Reuters, Published on 24/10/2023
» COLOMBO - Sri Lanka's cabinet approved issuing free tourist visas to visitors from seven countries including China, India and Russia, a statement issued by the media ministry said on Tuesday, to boost tourism and help revive its crisis-hit economy.
Baht depreciates further; other Asian FX steady
Reuters, Published on 28/09/2023
» BENGALURU - Thailand's baht slumped to its lowest in more than 10 months on Thursday, hit by persistent worries over the country's fiscal outlook, while other Asian currencies steadied after recent losses against a rallying United States dollar.
Baht tumbles to 10-month low, hurt by high oil prices
Reuters, Published on 20/09/2023
» The baht fell to a 10-month low on Wednesday, while stocks and bonds also slid under foreign selling pressure, with investors worried that high oil prices and government spending plans would widen the country’s current account deficit.
Indonesia to ban goods transactions on social media
Reuters, Published on 13/09/2023
» JAKARTA - Indonesia is planning to ban goods transactions on social media under new trade regulations, the deputy trade minister told a parliamentary hearing on Tuesday.
Indonesia plans incentives for EV makers
Reuters, Published on 25/07/2023
» JAKARTA: Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on Tuesday, adding the government is still in talks with major companies like Tesla and BYD.
Easing political uncertainty pushes baht to 2-month high
Reuters, Published on 18/07/2023
» The Thai baht led gains among Asian currencies on Tuesday, scaling a two-month peak, as hopes of a resolution of a political logjam in Thailand and a softer United States dollar improved investor sentiment.