KUALA LUMPUR: The Malaysian capital market grew by 12.6 per cent to RM3.2 trillion last year, with double digit growth across all segments, says the Securities Commission Malaysia. The equity market capitalisation and Islamic capital market grew by 14.4 per cent and 11.9 per cent respectively, to both end at RM1.9 trillion each. The bond […]
Read MoreInvestors who make digital-asset-related trades will be liable for a 7% value-added tax (VAT), on top of the 15% withholding tax on capital gains and returns from such investments, when the new law is enforced. The series of levies is designed to discourage people from speculating in digital assets. But retail investors will be exempt from […]
Read MoreAS the Singapore economy picked up last year, the labour market also improved, with higher employment levels for locals. Layoffs fell, while incomes for Singaporeans also rose, both at the median and 20th percentile levels. Trends shown in the official full-year data, released by the Manpower Ministry (MOM) on Thursday, largely confirmed the preliminary data […]
Read MoreThe Hanoitimes – The Government recently required ministries and agencies to rapidly scrutinize and revise decrees under their authority to further simplify cumbersome procedures and unnecessary business conditions hindered the business development. Accordingly, scrutiny results must be reported to the Prime Minister before April 30 this year so that the Government can consider and approve the […]
Read MoreAustralia has been an ASEAN dialogue partner since 1974, an acknowledgement of the centrality of ASEAN to the country’s regional security. There have been ASEAN summits with Japan, China, the United States and India but the one in Sydney this weekend is the first in Australia. The summit comes at a time when leaders in ASEAN […]
Read MoreIn a country where most people are paid in cash and the majority of businesses are cash-only, cashless payment platforms can appear out of place. But that hasn’t stopped a number of digital payment companies from putting up impressive growth numbers in Cambodia, and the sector has continued to expand in the past few years. […]
Read More
Thailand
