Reports of a government plan to regulate the fares of app-based motorcycle taxis have given some hope to Fariz, a driver who switched to an app-based service from a regular one six months ago. “Food prices and other prices have soared and I am barely keeping up to make ends meet with the current rate,” he […]
Read MoreNAYPYITAW: Myanmar leader Aung San Suu Kyi on Monday urged global investors to put their money into Myanmar, seeking to offset the negative impact of the Rohingya crisis and slow pace of economic reforms. Suu Kyi touted Myanmar’s economic potential, its attractive geographical location, expanding domestic markets and young population. She also listed some of the […]
Read MoreThailand saw a record 38.27 million tourists in 2018, up 7.5% from 2017, the Tourism Ministry said on Monday. The country’s December tourist arrivals were 3.85 million, the ministry said in a statement. Chinese tourists are returning after a slowdown sparked by a tour boat tragedy that triggered concerns about safety standards. The number of Chinese holidaymakers rose 2.8% in December […]
Read MoreAs consumer expectations and the business environment evolve at an even faster rate, clear market winners and losers will begin to emerge. Businesses seeking to navigate the complex web of digital transformation, disruption and evolution need to be aware of three key trends that will affect Asian enterprises in 2019. Understanding and exploiting them will be […]
Read MoreKUALA LUMPUR: Malaysia with its comprehensive halal ecosystem wants to position itself as the halal hub in the Asian region, if not the world. “We are ranked No. 1 in terms of the halal economy,” said Malaysia External Trade Development Corp (Matrade) deputy chief executive officer Datuk Wan Latiff Wan Musa. “We have a comprehensive ecosystem […]
Read MoreMANILA, Philippines — Local businessmen have opposed a proposal pushing for a further increase in alcohol and cigarette excise taxes, saying such a move may lead to even higher incidence of illicit trade. “We do not support rushing the passage of bills that will increase taxes on tobacco products at a time when rampant smuggling of […]
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