Focus on today's news
“According to Agence France-Presse, electric car manufacturer Tesla announced on the 23rd that its net profit in the first quarter of this year sharply declined by 55%, primarily due to intensified competition and continuous pressure on the electric car market”
On April 23, Thailand's Minister of Tourism and Sports, Phiphat Ratchakitprakarn, stated in Bangkok that during the Songkran Festival celebration from April 1 to 21, the total revenue of Thailand's tourism industry surpassed 140 billion Thai Baht (approximately 27.5 billion RMB), marking a 37.54% increase compared to the same period last year According to reports from Philippine media on the 22nd, the Philippine Department of Finance has warned that the government's slow pace in digitization efforts amidst the rapid growth of e-commerce could lead to significant tax losses. The Commissioner of the Philippine Bureau of Internal Revenue, Caesar Dulay, previously stated that efforts are underway to strengthen tax management for online sellers and digital platforms. As reported by Philippine media on the 23rd, the Philippine Automotive Manufacturers Association and the Truck Manufacturers Association stated that in the first quarter of 2024, Philippine car sales surged from 97,000 units in the same period last year to 109,000 units, marking a 12.7% year-on-year increase The preliminary Japan Manufacturing Purchasing Managers' Index (PMI) for April, released on the 23rd, increased to 49.9 from the previous month's 48.2 final value. Additionally, the Services PMI recorded 54.6, showing a slight improvement from March's 54.1. According to the Nikkei Asian Review, the International Energy Agency (IEA) released a latest market trends report on electric vehicles (EVs) on the 23rd, stating that by 2035, EVs will account for over 50% of global new car sales Malaysian Prime Minister Anwar released the "Kuala Lumpur 20 Action Plan" on the 22nd. Malaysian Minister of Economic Affairs, Raffiz, stated that the purpose of drafting this document is to encourage an innovative atmosphere within Malaysia and hopes that by implementing this plan, it will assist Malaysia in transitioning into a high-income country According to a report by Yonhap News Agency in Seoul on the 24th, a report released by the business analysis institution, the "Korean CXO Research Institute," revealed that the combined operating profit of the four major South Korean conglomerates, Samsung, SK, Hyundai Motor, and LG, decreased by 65.9% year-on-year last year, amounting to 24.518 trillion Korean won (approximately 130.1 billion RMB) According to a report from Luxemburger Wort by Deutsche Presse-Agentur, based on data released by Eurostat on the 22nd, over 20 European Union countries experienced budget deficits in 2023. Italy had the highest deficit at 7.4%, followed by Hungary (6.7%) and Romania (6.6%)
