Indonesia’s auto industry expects minimal impact on car sales from VAT hike
Carmakers maintain they can still aim to sell 1 million units of new vehicles next year, despite a revised 2024 target to 850,000 vehicles from 1 million.
Transportation
Russia is ready to enhance comprehensive strategic partnership with Vietnam, says ambassador
The two countries are drafting a comprehensive plan for bilateral cooperation to 2030, with a roadmap focusing on trade and investment, industry, energy, transportation,…
Bhutanese commuters forced to pay double toll fee along India’s Assam Highway
The incident is a result of ongoing malfunctions in the FASTag system, leaving Bhutanese drivers paying cash and incurring penalties despite having sufficient balances.
South Korea provides US$13 million for bridge upgrade, road safety in Laos
The Korea International Cooperation Agency (KOICA) has provided grant aid of US$13 million for construction to upgrade the bridges and improve road safety on highway.
Police verification now required for Pakistani travellers to UAE
A Senate panel was informed on Monday that all Pakistani travellers to the United Arab Emirates would need to be vetted and verified by the police.
Historic milestone: Ho Chi Minh’s first metro line launches after years of delay
With an investment of $1.72 billion, it spans 19.7km and includes 14 stations, three of which are underground in the city center.
Honda, Nissan struggle to fight back in China price war as BYD’s sales climb higher
The two Japanese carmakers are experiencing a severe decline in sales in the country, down about 50% from five years ago.
Indonesia welcomes more Chinese EV makers, but hurdles remain in journey to become regional hub
Thailand, which has the largest EV market in ASEAN, offers more liberal policies compared with Indonesia. Foreign investors see it as an attractive manufacturing hub, as they are…
Japan’s Honda and Nissan in preliminary merger talks: Reports
A tie-up would help them better compete against Tesla and other electric vehicle makers, the Nikkei, the Financial Times and others said.
On vehicle taxes and alternatives: Kuensel
Banning import of vehicles is impossible. All the Bhutanese government can do is impose moratoriums on import of vehicles from time to time, and lift it at the “convenience”,…