KUALA LUMPUR: The retail industry recorded a growth rate of 18.3% in the first quarter of 2022 (1Q22), spurred by better economic conditions and further easing of movement restrictions. This is comparable to the -9.9% contraction in retail sales during the first quarter of 2021 (1Q21), said Retail Group Malaysia (RGM), in its latest retail […]
Read MoreSingapore home sales hit a six-month high, signalling that government-imposed property curbs are having a dwindling impact as the city-state’s rebounding economy fuels demand for housing. Purchases of new private apartments rose to 1356 units in May, Urban Redevelopment Authority figures showed Wednesday. That’s more than double the transactions of the previous month and the […]
Read MoreThailand was No.3 globally for real-time payment transactions last year, behind only India and China, driven by the government’s support for modern infrastructure, says ACI Worldwide, a real-time payments software provider. The ranking was revealed in the “Prime-Time for Real Time 2022” report, published by ACI Worldwide in partnership with data analytics firm GlobalData and […]
Read MoreVIENTIANE (XINHUA) – The gross domestic product (GDP) of Laos grew 4.3 per cent year-on-year in the first six months of this year, Lao News Agency yesterday quoted a government minister as saying. Economic output in the first half of this year reached LAK95.2 trillion (about USD6 billion), equivalent to 49.6 of a pre-set annual […]
Read MoreIn order to keep pace with the rapid advancement of technology and growing number of users of technology-based services in Indonesia, particularly in e-commerce industries, a stronger legislative framework is needed to protect personal data and ensure the public’s right to personal data protection. To date, the Indonesian government has yet to issue a law […]
Read MoreCambodia collected $1,726 million in tax income in the January-May period this year, a 27.95% increase as compared to the same period last year, according to an official statement yesterday. In the statement, General Department of Taxation director-general Kong Vibol attributed the increase in tax income collection to the constant reforms in the tax sector. […]
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