KUALA LUMPUR: The Institute of Chartered Accountants in England and Wales (ICAEW) has forecast that Malaysia’s gross domestic product (GDP) in 2020 may slow to 4% from 4.4% expected for this year. Economic advisor Sian Fenner said the cautious outlook was primarily driven by the moderating household spending. “Household spending is still going to remain quite […]
Read MoreMANILA, Philippines — The number of jobless Filipinos went down in October as all economic sectors were able to create more jobs, but there are still indications that the quality of jobs must be improved, the Philippine Statistics Authority (PSA) said. Based on the preliminary results of the October 2019 round of the Labor Force […]
Read MoreGRAB is turning up the heat in the payments competition, launching GrabPay Card to tie in its ambition to drive an Asean wallet for borderless payments by the rising middle class. The virtual GrabPay Card – which allows users to spend from the GrabPay wallet on a card – was made available in Singapore for […]
Read MoreSelling and buying goods is not straightforward, particularly if it involves an overseas company, a Singapore-based expert told members of the Phnom Penh business community. Speaking at a transfer pricing seminar organised by Cambodia’s tax and law experts VDB Loi, Sowmya Varadharajan, international transfer pricing director at Singapore’s IC Advisors, highlighted that a transaction between […]
Read MoreThe Hanoitimes – Vietnam’s inflation in 2020 is forecast to hit 3.5%, higher than the government’s estimated 3.17 – 3.41% in 2019, while the pressure will build up right at the beginning of next year. Pork prices are forecast to play a decisive role in Vietnam’s inflation performance in 2020, according to Viet Dragon Securities Company […]
Read MoreLaos is poised to amend the law on securities in a bid to create more favorable conditions for state and private business units to mobilize funds from the securities market. It is not 100 percent clear which kind of changes would be made, but the proposal of amendment is subject for the National Assembly’s consideration […]
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Thailand
