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Malaysia observing US steel tariffs development

SUBANG: Malaysia is currently observing the development of the US decision to impose new import tariffs on steel and aluminium, in terms of reactions from the affected countries. Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan said the Government wanted to be prudent on the matter as the US has been one of […]

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Uncertainty over future of cryptocurrencies in Cambodia

On Wednesday, Deputy Prime Minister Men Sam An stood in front of a conference hall in Phnom Penh to give the opening remarks for the launch of a new cryptocurrency, Entapay, encouraging the company to follow relevant laws in Cambodia. But crypto enthusiasts in the Kingdom say that’s easier said than done. Cryptocurrency exists in […]

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Philippines – DOF: TRAIN impact led to inflation spike in Feb

MANILA, Philippines — The higher-than-expected inflation rate in February may be attributed partly to the implementation of the newly implemented tax reform law, the Department of Finance (DOF) said yesterday. Finance Undersecretary Karl Kendrick Chua said the increase in inflation was due to the effects of the Tax Reform for Acceleration and Inclusion (TRAIN) Act […]

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Philippines joins ASEAN in creating barrier-free tourism

MANILA — As the Association of Southeast Asian Nations (ASEAN) gears to develop more infrastructures to provide barrier-free tourism to persons with disabilities (PWDs) in the region, the Philippines expresses its full support to the bloc’s initiative. “The Philippines has always been very supportive and now more than ever vigilant in its promotion of the principles […]

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Malaysia Getting Closer To High-Income Status, Says IMF

The International Monetary Fund (IMF) in its latest country report on Malaysia concluded that the nation is “well on its way to achieving high-income status,” but still has work to do to “pass the finishing line.” Malaysia’s economy continues to perform strongly, the IMF noted, with higher than anticipated growth at 5.8 per cent in […]

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