International cash and carry brand Makro will build a commercial centre in Siem Reap, following the approval of the investment by the Council for the Development of Cambodia. The mall, located in Prasat Bakong district, will cost nearly $19 million and will create 179 jobs for locals, according to CDC. James Hodge, associate director of […]
Read MoreThe Hanoitimes – Petrolimex, Vietnam`s largest petroleum distributor, has suggested postponing the further sale of its shares until the 2019 – 2020 period, citing unfavorable market conditions in 2018 as reason. Vietnam National Petroleum Group (Petrolimex) has proposed expanding the foreign ownership limit in itself to 49% from the current 20% to attract investors, especially foreigners, […]
Read MoreKUALA LUMPUR: The implementation of the RM1,500 minimum wage will be carried out gradually to allow a recovery in the country’s economy, said Prime Minister Tun Dr Mahathir Mohamad. He said if Malaysia starts spending money which it does not have, it would not be good for the country in the long run. “If we […]
Read More[HONG KONG] If Sherman Kwek sounds annoyed, he has his reasons — 2.9 million square feet worth of reasons. That figure, equating to 270,000 square metres, is the total saleable area of apartments almost ready to hit the market on the books of City Developments Ltd, the Singapore developer controlled by the family of billionaire […]
Read MoreA SIGNIFICANT new development recently took place in the country as a groundbreaking ceremony was held for the first fertiliser factory in Brunei Darussalam at the Sungai Liang Industrial Park (SPARK) in Kuala Belait. As was reported following the ceremony, which took place on August 1, the fertiliser plant seeks to utilise Brunei’s abundance of […]
Read MoreKUALA LUMPUR: The United States-China trade war could adversely impact Malaysia’s Gross Domestic Product (GDP) growth by 1.3 per cent against what has been projected over the next two years. CIMB Group Chief Economist Dr Donald Hanna said this scenario was possible if the tariff war continued to escalate and shake the confidence of financial markets, […]
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Thailand
