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Business leaders in Malaysia most optimistic since 2014

PETALING JAYA: Malaysian business leaders’ overall optimism surged to 6% in the fourth quarter of 2017, a sharp rebound from a negative 36% a year ago, according to Grant Thornton’s quarterly business survey. Country managing partner at Grant Thornton Malaysia Datuk NK Jasani said more than half of the business leaders are expecting higher profits in […]

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Singapore likely to attract $8 billion to $10 billion of investments in 2018, in line with last year, but with fewer jobs created: EDB

SINGAPORE – Singapore is expected to attract $8 billion to $10 billion in fixed asset investments in 2018, comparable to the previous two years, the Singapore Economic Development Board said at its year-in-review briefing on Tuesday (Jan 30). But the number of jobs this will generate is forecast to be lower than in the past […]

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Vietnam: Finance ministry slashes fees to support enterprises

The Hanoitimes – The Ministry of Finance recently issued regulations on cutting fees for enterprises in a bid to help them achieve better growth. Under Circular No.130/2017, which has taken effect from January 20 this year, the fees for new business registration, business registration certificate adjustment, and business registration certificate re-issuance will be halved from VND200,000 […]

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Thailand – UTCC: SMEs can handle minimum wage hike

Thai small and medium-sized enterprises (SMEs) are expected to survive the negative impact of the daily minimum wage hike, as many have shifted to rely more on information technology, robots and online shopping, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC). Thanavath Phonvichai, vice-president for research at the […]

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Myanmar: Liberalisation of gold market draws divergent response

In an attempt to raise tax and gold mining revenues and promote Myanmar-made gold products internationally, the National League for Democracy government on January 22 announced moves to liberalise the country’s gold market, The Myanmar Times reported last week. For the first time in Myanmar’s history, exports of locally-produced gold and gold products will be permitted, the Ministry […]

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