MALAYSIA is considering selling stakes in energy giant Petronas to provinces where the company’s oil and gas fields are, Prime Minister Mahathir Mohamad said on Tuesday, in a bid to raise funds for the debt-laden government. Such a move may also give states such as Sarawak and Sabah a say in the running of Petronas, […]
Read MoreThe Hanoitimes – Most companies did not achieved the growth target for the January – September period. Even though the fourth quarter is the peak season for construction activities, the fact that negative growth in revenues of major construction companies means that the construction market is still struggling to find a path to sustainable growth, according […]
Read MorePoipet PP Special Economic Zone (Poipet PPSEZ) yesterday announced it is officially beginning operations. Poipet PPSEZ – located about eight kilometres east of Poipet City in Banteay Meanchey province on the border with Thailand – is owned by Phnom Penh SEZ Plc and boasts access to the border crossing. Also yesterday, Sumitronics Manufacturing (Cambodia) Co […]
Read MoreSINGAPORE: Hotel deals in Singapore are set for a record amid a surge in tourist arrivals buoyed by people wanting to avoid the protests in Hong Kong. Hospitality transaction volumes were an unprecedented S$5.7 billion ($4.2 billion) as of Nov. 30, according to preliminary figures from Colliers International Group Inc., about five times 2018 and […]
Read MoreAirports of Thailand (AoT) expects milder competition on Wednesday when it accepts bids from contenders vying for the right to operate duty-free shops at Don Mueang airport. AoT president Nitinai Sirismatthakarn said the contest is unlikely to be as fierce as the one to run duty-free and other commercial operations across four airports, as contenders […]
Read MoreKUALA LUMPUR: Malaysia’s headline inflation is expected to increase modestly in 2020, with consumer price inflation to average higher in the range of 1.5%-2% next year compared with 0.7% projected for 2019, said the World Bank Group. In its 21st edition of the Malaysia Economic Monitor “Making Ends Meet” report launched yesterday, it said the higher […]
Read More
Thailand
