KUALA LUMPUR: Public Bank will revise upwards its Base Rate (BR) and Base Lending Rate (BLR)/Base Financing Rate (BFR) by 25 basis points (bps), or 0.25 per cent, effective July 8. The banking group said this was in line with Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) hike by 25 basis points from 2.00 […]
Read MoreThe National Assembly Standing Committee, at its extraordinary session on July 6, approved the Government’s proposal on additional environmental protection tax cuts on petrol and oil in an attempt to cool down the domestic fuel market. Under the approved resolution, the environmental protection tax on petrol and diesel oil will be further axed in half […]
Read MoreForeign tourists may soon find Thailand a more expensive destination than in the past two years with the country now planning to raise hotel rates to pre-pandemic levels to support a faster recovery of the industry. The Tourism and Sports Ministry plans to ask hotel operators to implement a dual-tariff structure under which foreign visitors […]
Read MoreCutting spending on eating out and going to cafés, restricting travel and spending less money on beauty services are all being done now to weather the price storm in Vietnam. Hang Nga, 24, an office worker and a postgraduate at the Hanoi Law University, lives in a rented house near the office and goes to […]
Read MoreThailand held its ranking as the 10th most transparent real estate market in Asia-Pacific and third in Southeast Asia, according to the Global Real Estate Transparency Index from JLL and LaSalle Investment Management. The country’s transparency score improved slightly from 2.64 in 2020 to 2.63 in 2022. Scores range from 1 for high transparency to […]
Read MoreThe Council for the Development of Cambodia (CDC) is ready to provide services to Malaysian investors in Cambodia, attracting foreign investment to Cambodia. Sok Chenda Sophea, Secretary-General of the Council for Development of Cambodia, said this at the 6th ‘Asean-Italy High-Level Dialogue on Economic Relations’ in Kuala Lumpur, Malaysia, on July 5-6. The event was […]
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