Malaysia’s electricity tariff to increase by 14% from July 2025
For the first six months of RP4 until June 30, 2025, there will be no change in the electricity tariff rate and tariff structure.
Economic Affairs
Vietnam may surpass Bangladesh in garment export: report
Vietnam's apparel and textile sector is set to earn an export revenue of $44 billion this year, up 11 percent year-on-year, and will likely surpass Bangladesh to become the…
Thai Finance Minister and central bank agree on inflation target of 1-3%
MoU between the two provides for regular consultations and coordination on fiscal and monetary policies.
New Philippine polymer banknotes more effective against counterfeits
The country's central bank was defending its decisions after the fresh polymer banknotes met backlash from the public, who questioned why portraits of national heroes from the old…
IMF sees 36% of Philippines jobs eased or displaced by AI
The Washington-based institution estimated that 36 percent of jobs in the country are “highly exposed” to AI, which can either replace human workers or “complement“ tasks…
Korean won sinks to historic low
More are changing Korean won into dollars as well on expectations that the dollar will continue to prevail as the US President-elect Donald Trump puts forward his "America First"…
Major Thai banks gear up for New Year with billions in cash reserves
5 top banks have set aside over 154 billion baht in reserves for festive spending, while the central bank will also earmark 80 billion baht to meet higher demand for cash.
Sacking of SingPost’s group CEO could waylay efforts to restructure business, revive growth
The termination of the employment of Singapore Post’s group chief executive, Vincent Phang, could delay ongoing efforts to ensure the long-term commercial viability of the…
Hong Kong International Airport capacity ‘fully restored’ as holiday rush begins
The Hong Kong International Airport’s capacity “has been fully restored” as the holiday rush begins with daily passenger traffic expected to reach the pre-pandemic peak of…
Winter tourism, sports hit peak in China
Traditional domestic winter tourism destinations such as Harbin, in Northeast China's Heilongjiang province, and Northwest China's Xinjiang Uygur autonomous region are top choices…