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Malaysia’s debt still manageable, says PM

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak stressed that Malaysia’s debt is still manageable and does not exceed 55 per cent of the gross domestic product (GDP). Najib, who is also the Finance Minister, said the debt level is currently at 50.8 per cent of GDP. “This means, our debt is still manageable […]

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Singapore’s first regulated cryptocurrency exchange set to launch

Singapore-based investment group Relken Alliance (S) Pte Ltd has inked an exclusive license agreement with the Hong Kong Cryptocurency Exchange Ltd (HKCCEX) to be the exclusive licensee of HKCCEX’s cryptocurrency trading system. With the three-year exclusive license agreement, The Digital Exchange (TDX) will be launched on 18 March 2018. Powered by HKCCEX’s cryptocurrency trading system, TDX […]

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Myanmar consumers shift habits: study

Myanmar consumers in major cities evolved from a generation of necessity to a generation of need for social appearance and lifestyles, according to a Thai-based behavioural consulting research firm, which attributed the shift to the increase of disposable income of workers amid economic growth during the past few years. Envirosell Thailand, which conducted a study on […]

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China becomes Asean’s largest trading partner

China is now Asean’s largest trading partner, according to Chinese Foreign Minister Wang Yi, who spoke to the media late last week at a press conference on the sidelines of the first session of the 2018 National People’s Congress (NPC). Mr Wang said this year marked the fifteenth anniversary of the establishment of the strategic […]

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FSS industry growing fast in Malaysia

PETALING JAYA: The global financial shared services (FSS) sector is one of the fastest growing sectors in Malaysia, offering a wealth of employment opportunities and international exposure. There could be ample potential for the country to tap into to drive growth in the finance industry given that many more global companies have embarked on an […]

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