KUALA LUMPUR: The ringgit opened slightly higher against the US dollar early Friday due to local factors following reports that the World Bank has predicted Malaysia would sustain growth and achieve high-income status between 2020 and 2024. At 9 am (0100 gmt), the local currency stood at 4.1430/1480 against 4.1450/1490 recorded at Thursday’s closing. A […]
Read MoreThe Hanoitimes – Vietnam is shining bright on foreign funds` radar. Vietnam expects to receive a large foreign investments flowing into its markets in the near future after many big institutional investors have recently come to the country to explore investment opportunities. A close source, which declined to be named, revealed that among the investors, one […]
Read MoreThe Revenue Department has allowed two companies that failed to win approval for offering downtown value-added tax (VAT) refund service to foreign tourists during a six-month trial run to file appeals within 15 days after its decision was announced. The department will take 30 days to deliberate on the appeals before forwarding them to the Finance […]
Read MoreThe retail price of petrol in Cambodia has increased for the third straight month, upsetting many who work in low-paying jobs, such as tuk-tuk drivers. The price jumped to 4,200 riel per litre in mid-October from 3,950 riel in July, according to the Ministry of Commerce. The price increase is hurting low-income families as the […]
Read MoreMANILA, Philippines — The Philippine Chamber of Commerce and Industry, Philippine Exporters Confederation Inc. and Philippine Food Processors and Exporters Confederation lauded government’s move to remove non-tariff barriers on imports of agricultural products. In a statement yesterday, the groups said the issuance of Administrative Order (AO) 13 by President Duterte to lift the non-tariff barriers […]
Read MoreSINGAPORE: Singapore Inc. is stirring, with companies from real estate to engineering becoming bolder in their hunt for acquisitions abroad. Companies in the city-state announced around $91 billion of overseas deals this year through September, more than double the $41.9 billion of transactions for the same period of 2017, data compiled by Bloomberg show. Temasek […]
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Thailand
