KUALA LUMPUR (Oct 11): Malaysia’s industrial production index (IPI) increased 2.2% in August 2018 from a year earlier as manufacturing and electricity output rose, the Statistics Department said today. In a statement today, the department said the IPI’s manufacturing and electricity segments increased 4.3% and 4% respectively while the mining component declined 4.6%. “The Department […]
Read MoreGovernment is amending the tax laws to be clear as well as going to use IT technology for taxpayers to pay tax easily. The government will make existing tax laws clearer and start using technology to enable taxpayers to pay their taxes more conveniently. The tax collection system will be changed from the current paper-based […]
Read MoreEconomists in Southeast Asia have lowered their growth projections as the U.S.-China trade war heats up and emerging markets face deepening turmoil, a new survey shows. The 2018 growth forecast for the five biggest Association of Southeast Asian Nations economies — Indonesia, Malaysia, the Philippines, Singapore and Thailand — was cut by 0.1 of a percentage point […]
Read MoreNDO – At the invitation of Indonesian President Joko Widodo, Prime Minister Nguyen Xuan Phuc will attend the ASEAN Leaders’ Gathering (ALG) on the occasion of the annual meetings of the International Monetary Fund (IMF) – World Bank (WB) in Bali and visit Indonesia from October 11 to 12. The Vietnamese leader’s visit aims to […]
Read MoreThe Hanoitimes – The move is part of a series of commitments signed in the Memorandums of Understanding (MOUs) between Vietnam`s Ministry of Industry and Trade (MoIT) and AEON. Japan’s leading retailer AEON will increase the presence of Vietnamese goods in its shopping mall centers around the globe, taking Vietnam’s export turnover through AEON to US$500 […]
Read MoreThe Hanoitimes – A lack of skilled professionals is considered a main cause hindering Vietnam to get technology transfer from foreign direct investment (FDI) firms, experts said. According to Deputy Minister of Planning and Investment Nguyen The Phuong, FDI firms play an important role in attracting and transferring technology, but the efficiency of the transfer work […]
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Thailand
