Consumption tax likely to hurt beverage industry in Vietnam
HANOI: A draft proposal to increase a special consumption tax on alcoholic beverages may hurt Vietnam beverage industry’s ability to…
Economy
Malaysia’s IPI up 3.1% in February 2024
KUALA LUMPUR: The Industrial Production Index (IPI) grew by 3.1 per cent year-on-year (y-o-y-) in February 2024, induced by positive…
BMI: Malaysia’s fiscal deficit to narrow to 4.3% in 2024
KUALA LUMPU: BMI, a Fitch Solutions company, has maintained its forecast that Malaysia’s fiscal deficit will narrow to 4.3 per cent of gross domestic…
Malaysia’s manufacturing sales value up 0.7% to RM146.2bil in Feb – DoSM
KUALA LUMPUR: Malaysia’s sales value of the manufacturing sector recorded a positive growth of 0.7 per cent, reaching RM146.2 billion in…
Japan household spending down 0.5% in February
TOKYO: Consumption spending by households comprising two or more members in Japan in February averaged 279,868 yen, falling 0.5% from…
South Korea teams up with overseas tech partners
SEOUL: South Korea has tentatively chosen some of the top universities and institutions worldwide for technology partnerships, aiming to acquire…
Singapore retail sales increase 8.4% in February
SINGAPORE: Retail sales were well up in February to record their second straight month of gains.
India seeks US$100bil a year in FDI as it woos China hedgers
NEW DELHI: India aims to attract at least US$100bil a year in gross foreign direct investment (FDI), a top official…
Carbon credit revenue distributed to localities
Around 80% of the US$51.5mil that Vietnam has received as payment from the World Bank for verified emissions reductions –…