Cambodia’s global logistics performance ranking dropped 25 spots to 98th this year after achieving a commendable 73rd in 2016, the World Bank’s Logistics Performance Index (LPI) said, but local experts questioned the lack of clarity on the ranking slip. Among the Asean nations, Cambodia ranked 9th behind Lao PDR with Myanmar in the tenth position. […]
Read MoreSINGAPORE banks are bracing for a slowdown in the home loan space in the coming years given the latest property cooling measures, but note that most of the current mortgage book should stay intact for the rest of this year. The chill over the property market comes alongside a new form of “cold war” amid […]
Read MoreThe Hanoitimes – If the approval is granted, this would be the first time Vietnam, a net importer of fuels, has allowed oil product exports produced domestically, according to Reuters. Vietnam’s Nghi Son oil refinery is seeking approval to export oil products as high inventories and pre-existing import contracts have limited domestic fuel demand, Reuters reported. […]
Read MoreThe Revenue Department will push a draft bill on international data exchange stipulating that individuals and entities gather and submit tax-related information as required by authorities, part of efforts to give the tax-collecting agency better access to tax payment information, especially from those with foreign-based operations. The bill, which is undergoing the public hearing process until Thursday, […]
Read MoreBank Indonesia is stepping up efforts to increase consumers’ use of the newly established national payment gateway (GPN), according to interbank network provider PT. Artajasa Pembayaran Elektronis. Artajasa business director Anthoni Morris Morris said on Saturday that BI planned to carry out a number of programs in the second half of 2018, including the mass […]
Read MoreSINGAPORE: Malaysia’s new government has called into question the future of multibillion-dollar rail projects since Tun Dr Mahathir Mohamad took power in May. Now it appears to be ready to proceed with at least one. The Malaysian cabinet has given in-principle approval for a rail project linking Johor Baru in the southernmost tip of the […]
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Thailand
