KUALA LUMPUR: The proprietary day trading (PDT) and intra-day short selling (IDSS) of Power Root was suspended at 9.11am on Monday after its share price fell to a low of RM1.27. Bursa Malaysia Securities said the PDT and IDSS were suspended at 9.11am for the rest of the day as the last done price dropped […]
Read MoreDays after the inauguration of Bank Indonesia Governor Perry Warjiyo, the BI board of governors will meet on Wednesday to discuss the latest economic and monetary issues. Perry said in Jakarta over the weekend that the board of governors would continue holding its monthly meeting in the third week of each month, but additional […]
Read MoreThailand Post will add e-commerce to its logistics services, offering locally made products from across the country. From the fourth quarter, the enterprise will pilot exports of community-made products to Japan by collaborating with Japanese online marketplaces. The move aims to capitalise on cross-border e-commerce to compete with Chinese internet giants dumping their products in […]
Read MoreChina and Indonesia are in the mix for planned rice sales in the form of government-to-government (G-to-G) deals during the remaining months of the year. According to Commerce Minister Sontirat Sontijirawong, Thailand is waiting for the Chinese government to sign a contract to buy an additional 1 million tonnes of rice this year as part of […]
Read MoreNew technologies can both displace and generate jobs. Here in Asia, where demand for goods and services is growing substantially, the number of new jobs being created by new technologies is actually higher than the number they destroy, says the Asian Development Bank (ADB). Automation anxiety is high among workers and industries that believe they will […]
Read MoreThe Revenue Department says reports on social media that it plans to increase value-added tax (VAT) to 9% in the next fiscal year are fake news. The department said on Sunday that it had no plans to hike the VAT rate from 7% to 9% from Oct 1, the starting date of the fiscal year, […]
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