KUALA LUMPUR: The World Bank Doing Business 2020 Report has ranked Malaysia in 12th position amongst 190 economies worldwide, a further improvement from the 15th spot the previous year, says the International Trade and Industry Ministry. Minister Datuk Darell Leiking said the improved ranking was due to the public and private sector members’ collaboration and […]
Read MoreThe on-and-off process of drafting a law that will properly regulate Cambodia’s ports is once again in motion. The Ministry of Public Works and Transport, the lead body tasked with drafting a Port Law, and the Japan International Cooperation Agency (JICA) recently organised an event that brought together representatives from the public and private sectors […]
Read MoreMANILA, Philippines — The Philippines has the fourth worst retirement system among 37 countries, according to a study which assesses various pension systems across the globe. Based on the 2019 Melbourne Mercer Global Pension Index (MMGPI), the Philippines’ retirement system ranked 34th among 37 countries, with an overall index value of 43.7. This is the […]
Read More[SINGAPORE] Singapore’s economy may be a few quarters away from a recovery as the decline in trade and manufacturing this year has not really spread to other sectors, said the head of the Monetary Authority of Singapore (MAS). The MAS’s baseline view is that “the current cycle should be bottoming out toward the end of […]
Read MoreThe Hanoitimes – Remittances, along with foreign direct and indirect investment, and official development assistance are major sources of Vietnam’s foreign currency supply. In 2019, in current US dollar terms, Vietnam is projected to be among the 10 largest remittance recipient countries with an inflow of nearly US$16.7 billion, a slight increase from the US$16 billion […]
Read MorePETALING JAYA: The World Bank Group’s present definition of government’s debts that only includes direct debts borrowings is inadequate, Finance Minister Lim Guan Eng says. In a statement issued on Wednesday, he said government guarantees or liabilities that have been committed or crystalised due to default by the principal borrowers, are not covered. “This does […]
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Thailand
