Plans for a railway line connecting Bavet city in Svay Rieng province to Vietnam’s Ho Chi Minh city were revealed this week by the Minister of Transport. During a meeting with Nguyen Nhat, Vietnam’s Deputy Minister of Transport, Cambodian Transport Minister Sun Chanthol said both governments are considering the creation of a rail link between […]
Read MoreKUALA LUMPUR: CIMB Equities Research sees Genting Malaysia’s near-term outlook clouded by higher costs as it retains its FY17-19F earnings forecasts. The research house said on Thursday it is expecting the group to chart earnings growth of 24% on-year for FY18F on the back of normalising VIP hold rates as well as gaming volumes for […]
Read MoreBank Indonesia Governor Agus Martowardojo has stressed that the planned issuance of digital rupiah will not happen anytime soon. Time was needed for research on the necessity of a virtual currency, to assure that such currency would not disrupt financial stability, Agus said in Jakarta on Tuesday, as reported by kompas.com. “It takes time. It could […]
Read MoreREMOVING the preferential tax rate (PTR) for multinational companies’ regional headquarters (RHQs) and regional operating headquarters (ROHQs) are not only confusing investors on the government’s plans for them, but also risk reducing foreign investments in the country, two business groups warned on Wednesday. “With the issuance of the Bureau of Internal Revenue (BIR) advisory last […]
Read MoreDevelopment of the information and communication technology (ICT) sector in Laos falls in line with China’s Belt and Road initiative as this technology will be key for connectivity between China and countries in Southeast Asia. Deputy Minister of Post and Telecommunications, Mr Thongsay Xanxaya, made the comment when talking about Laos’ ICT sector at the […]
Read MoreYangon’s leaders want to upgrade and promote the city as a business hub for the country. Last week, its mayor, U Maung Maung Soe, submitted draft legislation for the governing and development of the city to the Yangon Regional Parliament. “The draft YCDC Law covers 32 sectors and has 398 sections concerning the development of Yangon […]
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Thailand
