MELBOURNE: Auditors to rare earths producer Lynas Corp flagged a material risk to its business on Thursday, after Lynas said it could not meet a timeline from Malaysian regulators to export a waste product before its operating licence comes up in September. In December, Malaysia’s Atomic Energy Licensing Board (AELB) told Lynas – the world’s […]
Read MoreSINGAPORE – The Monetary Authority of Singapore (MAS) expects this year’s economic growth to come in at 2.5 per cent or “a touch lower”, bringing it closer to its potential. “This is not a bad outcome,” said MAS managing director Ravi Menon. “It will bring the level of GDP closer to its potential. There is […]
Read MoreGET, an on-demand multi-service platform supported by the Indonesian Unicorn start-up Go-Jek, was officially launched in Bangkok yesterday after a two-month trial. Over the trial period, GET completed 2 million transactions covering 80 per cent of Bangkok and aims to cover the entire city soon. Pinya Nittayakasetwat, co-founder and chief executive officer of GET, said […]
Read MoreMANILA, Philippines — The Manila International Container Port (MICP) has established an oversight committee tasked to fast track the disposal and reduction of overstaying containers in the port, the Bureau of Customs (BOC) said yesterday. In a statement, MICP district collector Erastus Sandino Austria said the port, in partnership with stakeholders and port operator International Container Terminal […]
Read MoreMalaysian-based WA Hospitality has been awarded a contract to manage Won Majestic Casino Hotel & Resort Cambodia, an upscale property in Sihanoukville now under construction. This is the first overseas management contract won by WA Hospitality, which was established in 2015 as a subsidiary company of UK’s World Avenues, according to TTG Asia. Won Majestic […]
Read MoreThe government looks set to ban the import of used cars, claiming the move will protect the environment and curb air pollution in the country. Acting Commerce Minister Chutima Bunyapraphasara said the ministry is improving regulations on imported used cars after discussing the matter with related state agencies 15 times. The ban would focus largely on […]
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Thailand
