KUALA LUMPUR — Malaysia’s export growth in July exceeded expectations, rising 30.9% from a year earlier, government data showed on Wednesday, on higher shipments of manufactured products and mining goods. The pace of expansion beat the 23.1% rise forecast by a Reuters poll and tripled the 10% growth posted in June. Shipments of manufactured goods, […]
Read MoreThe cabinet yesterday approved a draft agreement for an exemption from double taxation between Thailand and Cambodia, aiming to promote investment links with the private sectors of the neighbouring nations. According to Kobsak Phutrakul, assistant minister to the Prime Minister’s Office, once in effect the deal will play a key role in enhancing Thai investment […]
Read MoreTEMPO.CO, Jakarta – The Japan International Cooperation Agency (JICA) offers a fast train concept between Jakarta and Surabaya with a train that runs 120 kilometers per hour. The offer was delivered by the Japanese government’s delegation received by President Joko Widodo at the Presidential Palace in Jakarta, yesterday. Transportation Minister Budi Karya Sumadi said the Indonesian government […]
Read More[SINGAPORE] While Japan had the biggest slump in its workforce in Asia over the last 10 years, Singapore has the most to fear from an aging population over the next two decades. The city state will face a double whammy: a shrinking workforce and slower progress than Asian neighbors in getting more people into the labour market. According […]
Read MoreAlthough the Thai government and several organisations are optimistic about Thai exports, the Thai National Shippers’ Council (TNSC) remains pessimistic and is keeping its annual export growth outlook unchanged at 5%, saying several potential hiccups could disrupt exports before the year’s end. Exporters are still concerned about uncontrollable factors that could hurt shipments, particularly the […]
Read MoreA draft bill would waive capital gains and corporate income taxes for venture capital and angel investors in a bid to spur interest in local startups. The bill will go before the cabinet this year, said Chinawut Chinaprayoon, director for new ventures at the National Science Technology and Innovation Policy Office. The tax incentives are […]
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