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Domestic demand, private sector to drive Malaysia’s growth

KUALA LUMPUR (Bernama) – Despite recording a moderate Gross Domestic Product (GDP) growth of 4.4 per cent in the third quarter (3Q) of this year, analysts and economists remain confident of Malaysia’s future prospects, suggesting that domestic demand and the private sector will be the key drivers of economic growth, going forward. On Friday, Bank Negara Malaysia (BNM) announced that […]

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Brunei’s Islamic capital market sees progress

THE positive progress of the Islamic capital market in Brunei was recently highlighted during a keynote address at the Brunei Darussalam Islamic Capital Market (BICAM) Conference 2018. The two-day BICAM Conference 2018 was hosted by the Centre for Islamic Banking, Finance and Management (CIBFM) and its event partner, the International Centre for Education in Islamic […]

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Govt struggles to legalise Lao workers in Thailand

Labour authorities will continue to work with their Thai counterparts to complete the registration of Lao nationals currently working illegally in Thailand. It is hoped the process can be completed next year, but some bureaucratic challenges have arisen. A meeting was held on Friday to discuss the current status of the legalisation process, and was […]

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PTTEP to invest in new Myanmar gas fields next year

With fresh oil and gas reserves at Myanmar’s offshore blocks now approved for commercial activities, the Ministry of Energy and Electricity (MOEE) will invite international tenders for up to 31 oil and gas exploration fields in early 2019.  The last round of exploration and production tenders was held under the former government in 2014. The […]

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