logo
Read More

Making Malaysia an innovation hub

KUALA LUMPUR: Tun Dr Mahathir Mohamad has unveiled fresh plans for Malaysia to become one of the main destinations for the high-tech industry by 2025. The Prime Minister unveiled a four-pronged strategy for Malaysia to be on a stronger footing in the manufacturing sector through higher productivity, contribution, innovation and increasing the number of high-skilled workers at […]

Read More
2975522
Read More

Thailand: Reading of draft land bill this month

The long-awaited draft bill on the land and buildings tax is expected to head to the National Legislative Assembly (NLA) for a second reading in mid-November, with the new property tax scheduled to take effect in January 2020.  The bill was agreed upon by the NLA’s standing committee but was stuck for nearly two years after […]

Read More
asia01
Read More

Trade war and weak yuan affect Asian giant

Chinese factory activity slowed in October, official data showed on Wednesday, adding to a growing list of bad news for the Asian giant as it struggles to maintain economic momentum in the face of US tariffs and a weakening yuan. The Purchasing Managers’ Index (PMI), a key gauge of factory conditions, came in at 50.2 […]

Read More
vn01
Read More

Yuan payment in Vietnam’s border provinces is legitimate: C.bank governor

The Hanoitimes – Starting on October 12, Vietnam has accepted payment in the Vietnamese dong (VND), Chinese yuan (CNY), or fully convertible currencies for overland trade activities with China. The State Bank of Vietnam (SBV)’s Circular No.19 allowing the CNY payment for border trade activities between Vietnam and China does not contradict Vietnam’s Constitution, regulations set […]

Read More