KUALA LUMPUR, July 9 — The tourism sector has seen an upsurge, with hotel reservations nationwide showing an increase of up to 30.74 per cent until June, said Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri. She said hotels were being filled up by domestic tourists and this had helped revive the country’s economy, […]
Read MoreExports in garment sector dropped more than 5 percent to around $3.78 billion in the first half of the year, according to a spokesman of the Ministry of Labour and Vocational Training. The Labour Ministry’s spokesman Heng Sour said at a news conference on Government Measures in Response to the Impact of COVID-19 at the […]
Read MoreThailand’s regulations requiring foreign businesses to be majority owned by a Thai partner and filing legal documents in Thai language may hamper foreign investment in the country, says multinational professional services firm TMF Group. The country is rated the 42nd most complex jurisdiction for businesses globally and the eighth most complex in Asia-Pacific, according to […]
Read MoreThe Hanoitimes – Japan considers Vietnam one of the most favorable investment destinations in Asia, said Japanese Ambassador to Vietnam Yamada Takio. The fact that more and more major Japanese corporations are eyeing Vietnam as an attractive investment destination could form a new wave of foreign direct investment (FDI) from Japan to Vietnam in the coming […]
Read MoreKUALA LUMPUR: Wholesale and retail trade rose by RM17.5 billion or 26.3 per cent month-on-month (m-o-m) to RM84.4 billion in May 2020 compared to April 2020. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said this was due to the reopening of almost all economic sectors and business activities starting May 4, under the Conditional […]
Read MoreThe Kingdom’s new investment law is expected to be online soon because the draft law is already 95 percent complete, according to an official from the Ministry of Economy and Finance (MEF). Phan Phalla, the MEF’s secretary of state, said at a news conference on Government Measures in Response to the Impact of COVID-19 at […]
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