KUALA LUMPUR: Policy makers should contemplate on creating a universal social pension due to rising concerns that Malaysians may not be saving enough for their retirement. This is especially true in the case of low-income workers, who, in spite of having saved a portion of their income in the Employees Provident Fund (EPF) throughout their […]
Read MoreThe government will stick to its target of a wider budget deficit even if Congress decides to pass a watered-down version of tax reforms deemed crucial for a massive infrastructure program. “Hopefully the Congress bicameral conference [committee]will pass a Train (Tax Reform for Acceleration and Inclusion) version that will yield revenues that will allow the […]
Read MoreVIENTIANE, Oct. 24 (Xinhua) — The Lao government has set a plan to attract more than 5.2 million foreign arrivals to the country and increase the annual income generated by the foreign visitors to 900 million U.S. dollars in 2018. “In order to make a rebound in tourism growth, the Ministry of Information, Culture and […]
Read MoreSINGAPORE (AFP) – Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport. The growth cap for all passenger cars and motorcycles will be cut from 0.25 percent a […]
Read MoreThe Ministry of Industry and Handicraft will cooperate with two South Korean high-tech companies to establish a technology centre with the aim of facilitating the exchange of information on the development of optic cable technology. The memorandum of understanding (MoU) was signed last week in Gwangju, the sixth largest city in South Korea, between Cambodia’s Ministry […]
Read MoreHANOI — The Ministry of Transport (MoT) has proposed to the Prime Minister four different plans to operate airfields in the future, aiming to narrow a yawning gap between the Airports Corporation of Vietnam’s (ACV) revenue and expenditures. The proposal is part of the ministry’s report on the operations and plans for managing and airfields […]
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Thailand
