Malaysia Tourism Council and Culture of Malaysia tourism promotion group cooperated with AirAsia to invite Cambodian and Lao reporters from 10 news outlets to visit Malaysia. The purpose of the trip was to demonstrate the nation’s achievements in its tourism sector. The participating journalists visited many famous tourist sites, including: KL Tower, which is 420 […]
Read MorePETALING JAYA: RAM Rating Services Bhd expects headline inflation to ease markedly to 1.8% in February, following two consecutive months of decline. In January, headline inflation fell to 2.7% while in December, it was down to 3.5%. “The lower inflation in February is primarily attributed to negative growth contribution from transport fuel amid lower retail […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) has released three revenue regulations containing implementing rules and regulations (IRR) of the recently enacted tax reform law. Posted on the BIR’s website, Internal Revenue commissioner Caesar Dulay said Revenue Regulations (RR) 11, 12 and 13 amended existing rules involving withholding of income tax, estate and […]
Read MoreExports rose 10% year-on-year in February, but the industries’ sentiment index fell for the first time in four months on concerns about costs. The Commerce Ministry said on Wednesday that exports were valued at US$20.36 billion in February, up 10.3% year- on-year. Exports in the first two months of 2018 rose 13.8% to $40.47 billion. Imports […]
Read MoreKUALA LUMPUR: Malaysia’s government debt to gross domestic product ratio of 51 percent is ”quite high” compared with other countries with an ”A” sovereign credit rating, Moody’s Investors Service said. The high debt, however, was largely denominated in ringgit, mitigating external risks to the Southeast Asian nation. “Just to put things into perspective, Malaysia’s government […]
Read MoreKUALA LUMPUR: The inflation rate in February rose at a slower pace of 1.4% from a year ago, which was much better than a Bloomberg survey of a 1.9% increase. The Statistics Department said on Wednesday the consumer price index (CPI) was impacted by a slower increase in the food and non-alcoholic beverages and a […]
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