THE merger and acquisition (M&A) appetite in South-east Asia remains stable despite global uncertainty, according to the latest EY Global Capital Confidence Barometer released on Nov 12. Some 41 per cent of respondents in South-east Asia had acquisition plans in the next 12 months, below the global average of 52 per cent but close to […]
Read MorePETALING JAYA: Gross domestic product (GDP) growth in the third quarter is likely to have slowed due to weaknesses in supply side data and in line with a synchronised global slowdown, according to economists from two research houses. Maybank IB Research is estimating for growth to slow to 4.3% year-on-year (y-o-y) on contractions in the […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) expects Congress to pass before the end of the year a bill which would increase taxes on alcohol and electronic cigarette products, now that President Duterte has certified the bill as urgent. In an interview, Finance Secretary Carlos Dominguez said he has asked lawmakers to swiftly pass […]
Read MoreThe much-awaited e-commerce and customer protection laws came into effect on Nov 2 after the drafts were signed by King Norodom Sihamoni. Composed of 12 chapters and 67 articles, the E-Commerce Law aims to promote trade via electronic means and addresses key topics like electronic signatures, which are seen as an important tool in making […]
Read MoreSINGAPORE – The Monetary Authority of Singapore (MAS) will restart its effort to launch a centralised electronic know-your-customer (e-KYC) project, said its managing director Ravi Menon. “We are taking another crack at it,” said Mr Menon, at a press conference to launch the Bank for International Settlements’ (BIS) innovation hub in Singapore. “With the BIS […]
Read MoreINDONESIA’S investment realisation of domestic and foreign direct investment accelerated in the third quarter of 2019, which “reflects confidence among investors in the Indonesian economy following the election victory of the incumbent President Joko Widodo”, UOB economists said in a Nov 12 note. Overall, total investment realisation grew 18.4 per cent year on year, accelerating from […]
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Thailand
