LOCAL investors say they are worried about the millions of dollars they have already invested in the Myeik archipelago because the regional government is planning to allow new projects within the same islands. Under the previous government, permission was granted to businesses to set up 10 hotel and resort projects on 12 islands in Tanintharyi […]
Read MoreKUALA LUMPUR: Malaysia’s unemployment rate remained unchanged at 3.3% in November 2018 on track for the third straight month, according to the Statistics Department. Its chief statistician Datuk Seri Dr Mohd Uzir Mahidin said on Tuesday the number of unemployed persons was 516,200 which was an increase of 2.2% from a year ago. He said the labour […]
Read MoreIndonesia is bringing in new rules requiring e-commerce sellers to share data with authorities, while also stressing that they must pay taxes, the finance ministry said on Monday. Surging smartphone use and a rising middle-class income in Indonesia, home to 260 million people, has made its e-commerce industry a battleground for foreign investors. Spending in […]
Read MoreMANILA, Philippines — Local vehicle assemblers ended 2018 with a 16 percent decline in sales compared to a year ago, but are confident of seeing better performance this year. A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) released yesterday showed total vehicle sales […]
Read MoreBENGALURU: Most Asian units firmed on Tuesday as China signalled further supportive measures to shore up its decelerating economy, after December trade data showed exports had fallen by the most in two years, hurt by a trade war with the United States. Earlier in the day, the China state planner said the country will aim to […]
Read MoreSINGAPORE firms say business interruptions (BIs) and cyber incidents are the biggest risks they face this year according to a survey by Allianz Global Corporate & Specialty (AGCS). Of the 200 Singapore respondents to its Allianz Risk Barometer 2019 poll, 43 per cent selected BIs and 42 per cent cite cyber incidents as the top risk, outpacing fire and natural catastrophes. In total, 2,415 respondents from 86 […]
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Thailand
