Thailand’s Transport Ministry is working with its Malaysian partner to develop a high-speed rail network that will connect four member countries of the Association of Southeast Asian Nations (Asean) and China, according to a media report. Permanent Secretary for Transport Chayatan Phromsorn met with his Malaysian counterpart Isham Ishak and companies from the neighbouring country […]
Read MoreSINGAPORE will launch new initiatives to attract top foreign talent, particularly for key sectors, as it ramps up efforts to build a world-class talent pool, Prime Minister Lee Hsien Loong said in his National Day Rally speech on Sunday (Aug 21). Without giving details, PM Lee said that the Ministry of Manpower, Ministry of Trade […]
Read MoreMANILA, Philippines — Private sector economists see inflation breaching the two to four percent target range set by the Bangko Sentral ng Pilipinas (BSP) until next year amid supply constraints and elevated global oil prices. Dennis Lapid, officer-in-charge of the Department of Economic Research at the BSP, said the results of the BSP’s survey of […]
Read MoreIn a post-Brexit strategic move that distances it further from European Union countries, the UK will replace the Generalised Scheme of Preferences (GSP) for the developing countries with a new trading instrument early next year. Named the Developing Countries Trading Scheme (DCTS), the new instrument offers additional tariff concessions to products imported from developing countries. […]
Read MorePETALING JAYA: Malaysia’s inflation rate could have reached up to 11.4% if the government had not implemented the subsidies, according to Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said measures to ease the people’s financial burden through the provision of subsidies, aid and incentives enabled Malaysia to record an inflation […]
Read MoreTHAILAND plans to overhaul its digital rules to confer more powers on the central bank and tighten the oversight of platforms offering cryptocurrencies and other tokens after a recent market rout left retail investors reeling from losses. The planned amendments to the regulations will “bring the central bank to be part of it,” Finance Minister […]
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