The Malaysian government will not make any hasty decisions on its investments in Myanmar despite the Rohingya refugee crisis as any form of unilateral action to cut diplomatic ties with Myanmar will limit its ability to help the Rohingya, according to Malaysian media reports. However, Malaysian private investors will have to make their own decisions […]
Read MoreThe National Bank of Cambodia (NBC) last week held the soft-launch for its new inter-bank transfer system that will allow customers to transfer money between participating financial institutions using payment cards at ATMs and point-of-sale (POS) machines. Known as Cambodian Shared Switch, or CSS, the new system is a collaboration between three local financial institutions: […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures climbed 1.7 percent on Monday, tracking gains in soybean oil and other edible oil contracts on the Dalian Commodity Exchange. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange rose to 2,787 ringgit ($657.93) a tonne by the evening. Traded volumes at the end of Monday stood at […]
Read MorePhilippine economic growth was likely steady in second quarter given continued domestic spending and export gains, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said on Monday. “Solid domestic demand, spurred by national government and consumer spending and rising external demand, appear to be in synch to ensure another […]
Read MoreMyanmar is raising its efforts to remedy the Rohingya crisis by pushing for economic development in Rakhine State. This comes after a couple of important investors in the state’s offshore oil and gas industry have expressed concern in continuing with their operations the area. On October 21, nine working committees from the private sector will […]
Read MoreTEMPO.CO, Jakarta – Malaysian Deputy Minister in Prime Minister’s Department Dato Razali stated that Indonesia, under the administration of Jokowi – Jusuf Kalla, appreciates and honors foreign investments and is serious in improving Indonesia’s ease of investments and businesses. Malaysian FIC Properties Sdn Bhd (FICP), which is a subsidiary of the state’s Federal Land Development Authority (FELDA), has acquired […]
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Thailand
