MALAYSIA’S new draft economic blueprint needs a rethink to make a breakthrough, a Malaysian academic has suggested, as a lack of clarity of its objectives could reduce the impact of this statement. In a paper published by Singapore’s ISEAS-Yusof Ishak Institute on Monday, Lee Hwok Aun, senior fellow with the Malaysia Studies Programme at the […]
Read MoreExports fell for the fourth straight month in November, plunging by 7.39% year-on-year, attributed largely to lower oil and farm product prices, the world’s economic and trade slowdown, ongoing trade tensions between the US and China and baht appreciation. The Commerce Ministry reported on Monday customs-cleared exports fetched only US$19.7 billion in November, down 7.39% from […]
Read MoreThe government will lower the threshold at which it begins to impose import taxes on consumer goods sold via e-commerce to just $3 (about Rp 42,000), from $75, to control purchases of cheap foreign products and protect small domestic firms, officials said on Monday. Overseas shipments from e-commerce purchases jumped to nearly 50 million packages […]
Read MoreThailand’s aviation industry is set to welcome two new low-cost carriers next year, according to the Civil Aviation Authority of Thailand (CAAT) on Monday. Thai Eastar Jet and Thai Summer Airways have obtained the required Air Operating Licences (AOL) and are currently in the process of obtaining their Air Operator Certificate (AOC), said CAAT director-general […]
Read MoreMANILA, Philippines — The Philippine hotel market is still lagging in comparison to its Asian neighbors mainly caused by lower foreign arrivals, a property services firm said. “We still pale in comparison,” Colliers International Research manager Joey Roi Bondoc said when asked on the Philippine hotel sector’s performance in the region. “In the first 10 […]
Read MoreEXPECTATIONS of business expansion among Singapore small and medium-sized enterprises (SMEs) have sunk to their lowest since 2009, according to a quarterly survey by the Singapore Business Federation (SBF) and Experian. All six sectors polled for the latest SBF-Experian SME Index have scaled back their expansion plans for 2020. This was likely due to an […]
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