Tour operators have called for the government to remove a number of barriers they are facing in order to boost the industry and increase tourist arrivals. One of their main complaints is that they have to apply for permission from the tourism sector and the police in charge of tourism affairs before bringing in their […]
Read MoreKUALA LUMPUR: The ringgit opened lower against the US dollar today with the subdued global oil prices having an impact on investors’ appetite for the local note. At 9 am (0100gmt), the local unit stood at 4.0210/0240 against the greenback from 4.0130/0180 at the close Wednesday. The benchmark Brent crude traded at US$67.83 a barrel, […]
Read MoreJAKARTA: Indonesia’s economy, the largest in South-East Asia, hit a milestone last year by reaching US$1 trillion, yet the mood wasn’t celebratory as the government continued to miss its revenue targets. Gross domestic product (GDP) was an estimated US$1.004 trillion in 2017, but economic growth was probably lower than the 5.2% initially projected, according to […]
Read MoreHeadline inflation could have eased anew in December, the Finance department said on Wednesday, given stable food prices and lower power rates. The rise in consumer prices slowed to 3.3 percent in November and the department said this likely moderated further to 3.2 percent as the year ended. The Bangko Sentral ng Pilipinas earlier issued […]
Read MoreAs Thailand climbs back onto the world stage, its foreign policy is likely to take on a more prominent role this year, when the kingdom celebrates 200 years of ties with the United States and Bangkok prepares to take over the chair of ASEAN in 2019. EU ministers agreed near the end of 2017 to resume […]
Read MoreAlmost 600 firms have experienced delays getting their businesses off the ground since 1988 despite having received permits from the Myanmar Investment Commission (MIC). Of the 2,723 local and foreign businesses permitted to operate in Myanmar between 1988 and 2017, a total of 581 have yet to start. As such, inspections will be conducted and […]
Read More
Thailand
