Organic laws concerning the new excise tax rates, which will apply to all products subject to excise duties except for alcohol and cigarettes, will top the cabinet’s agenda this week. The cabinet will seek to approve new duties for alcohol and cigarettes shortly before the new excise tax regime comes into force on Sept 16. […]
Read MoreKUALA LUMPUR: CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak expects the economic growth to ease in the second half of the year. “I think we should lower down our expectation for the second half of this year,” he said when asked on the economic growth. “If you look at analysts expectations, they are expecting a […]
Read MoreMANILA, Philippines – Across the Philippines and Asia’s other emerging economies, some $800 billion in investment opportunities go unfilled each year because capital markets are less reliable than issuers might like. Infrastructure is a particularly acute need for the Philippines, which has set an ambitious goal of increasing its infrastructure spending to seven percent of […]
Read MoreBANGKOK: Thailand’s economy capped a solid performance for South-East Asia in the second quarter, growing at its fastest clip in over four years thanks to strong exports – a common denominator for many countries still struggling to boost private consumption despite ultra-low interest rates. Robust tourism and farm output also helped Thailand’s growth beat market […]
Read MoreThe country’s new automated customs system has no more teething troubles and is up and running at Yangon port, but it is not yet implemented at border points, according to logistics and shipping companies. In addition, the current data entry process remains a significant challenge for the shipping industry. In January 2017, The Myanmar Times reported that […]
Read MorePUTRAJAYA: Malaysia has reiterated its commitment to practise the 3-P pillars of sustainable palm oil industry, namely, People, Planet and Profit, to overcome various challenges in the global market, including the European Union (EU) Parliament’s resolution on palm oil and deforestation. Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said Malaysia’s sustainability initiatives […]
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