KUALA LUMPUR: AllianceDBS Research believes that without strict enforcement, a price increase in tobacco could lead consumers to trade down to illicit cigarettes. The research house said the introduction of the higher Sales and Service Tax could impact earnings for cigarette manufacturers, which would require the government to intensify efforts to curb smuggling of illegal […]
Read MoreTwp regional companies have invested nearly $10 million to acquire 14 million shares in the Phnom Penh Special Economic Zone Plc (PPSEZ) – one of five companies listed on the Cambodia Securities Exchange (CSX) – in what is considered the first ever private offering by a listed firm in the Kingdom. JWD Infologistics Plc, a […]
Read MoreThe Financial Services Authority (OJK) said the non-performing loans (NPL) rate among financial technology (fintech) firms that use peer-to-peer lending (P2P) hovered around 1 percent monthly, safely below the 2 percent maximal set by the OJK. “The NPL rate can go as low as 0.9, then rise as high as 1.3 then go down again,” […]
Read MoreThe Hanoitimes – Vietnam’s rapidly growing trade and production have pushed the cargo volume through the country’s seaports to rise by 20-30 percent per annum, making port projects appealing to foreign investors. A number of Japanese firms led by Nakagaki Yoshihiko, vice president of the International Friendship Exchange Council of Japan (FEC), have recently met with […]
Read MoreMALAYSIA’S private investment growth has displayed weakening trends since 2012, with its growth moderating from an annual rate of 21.4% in 2012 to 4.3% in 2016, before gaining traction to 9.3% in 2017. It pulled pack sharply to an average growth of 3.3% in the first half of 2018, as investors adopted a wait-and-see approach […]
Read MoreMANILA, Philippines — The Philippine government plans to tap various commercial offshore debt markets as part of its borrowing program next year, according to the Department of Finance (DOF). In an interview, Finance Secretary Carlos Dominguez said the government is looking to issue euro-denominated bonds and British-pound denominated Sterling bonds in 2019. “We hope to […]
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Thailand
