This year’s double-taxation agreement (DTA) between Malaysia and Cambodia will result in more investment into the Kingdom and more Cambodians sourcing goods and services in Malaysia, according to the country’s ambassador to Cambodia. “This will help to make Cambodia more attractive to Malaysian businessmen and thus promote more FDI [foreign direct investment] from Malaysia to […]
Read MoreKUALA LUMPUR, Oct 29 — The government has guaranteed the creation of 600,000 jobs under Budget 2022, under its Jamin Kerja Keluarga Malaysia (JaminKerja) initiative. Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz announced that the government will also incentivise 20 per cent of the workers’ monthly salary for the first six months, for those […]
Read MoreAfter testing the water in July with the Phuket and Samui sandboxes, Thailand’s tourism-dependent economy is on course to progressively open up to international tourists by waiving quarantine and area restrictions for fully vaccinated travellers from 46 low-risk countries from Nov 1. Video by Janine Phakdeetham The tourism industry is betting on this policy, particularly […]
Read MoreVietnam’s export turnover is estimated at US$27.3 billion in October, bringing the figure in the first ten months of 2021 to $267.9 billion, up 16.6 percent against the same period last year, the General Statistics Office announced on October 29. In the period, there are 31 commodities with export turnover of over 1 billion USD, […]
Read MoreMANILA, Philippines — The Philippines appears on its way to hurdling the most challenging part of the pandemic this year, with cases on the decline and the vaccination rate picking up pace. In a report, London-based Capital Economics said the near-term outlook for Southeast Asia has significantly improved over the past months. This is evident […]
Read MoreKUALA LUMPUR, Oct 29 — Bursa Malaysia ended lower today, with the key index falling 0.29 per cent amid a market consolidation mode due to lack of buying interest as investors digest the announcements in Budget 2022 tabled today. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) trimmed 4.55 points to 1,562.31 from […]
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Thailand
