SINGAPORE (Bernama) – Maybank announced it has successfully completed the transfer of its Community Financial Services (CFS) business in Singapore from its branch to Maybank Singapore Limited (MSL), a Singapore-incorporated subsidiary. It will see MSL operate the CFS business consisting of Retail (personal banking, privilege wealth, premier wealth), Private Wealth, SME-Retail, Small Medium Enterprises (RSME) […]
Read MoreKUALA LUMPUR: Bursa Malaysia Securities suspended all short-selling activities of Genting Malaysia (GentingM) early Monday after its share price tumbled in a knee-jerk reaction to the new casino tax under Budget 2019. The shares plunged 27% in early trade, falling RM1.22 to RM3.32. The regulator said as the last done price of the approved securities […]
Read MoreMyanmar has done undertaken two reforms to improve access to power supply and the ease of starting a local business, according to the latest report from the World Bank. However, pace of reform on most regulations affecting the private sector remain stagnant. In the newly-released World Bank’s 2019 Doing Business rankings, Myanmar ranks 171th out […]
Read MoreThe government’s top economic research agency has suggested that investment focus in areas which would make use of and maximise the benefits of the Laos-China railway. There is the possibility of building Special Economic Zones (SEZs) along the 409-km route of the high-speed railway, with a focus on developing industrial zones, the National Economic Research […]
Read MoreThe government decided last week to remove the cost of accessing data on oil and gas blocks, which previously could cost up to $80,000. The move is an attempt to attract more companies to bid in the upstream sector, said Energy and Mineral Resources Ministry Oil and Gas Director General Djoko Siswanto on Monday. “[With […]
Read MoreINVESTOR CONFIDENCE has fallen for the first time in five months amid the ongoing US-China trade war and rising US interest rates. The Federation of Thai Capital Market Organisations’ (Fetco) Investor Confidence Index (ICI) for the next three months (through to January 2019) fell into the neutral zone, decreasing by 7.23 per cent to 113.73. […]
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Thailand
