The government is pushing to get at least two contracts relating to the much-touted Eastern Economic Corridor (EEC) project signed by next month, before the new government is sworn in. The EEC scheme consists of five different projects — the 225-billion-baht high-speed railway linking three major airports, the 290-billion-baht construction of U-Tapao Aviation City, the setting-up […]
Read MoreSINGAPORE: Malaysia Airlines and Singapore Airlines should consider a merger, said an equity analyst. According to Maybank Kim Eng’s regional aviation analyst Mohshin Aziz, it was his personal opinion this would make both airlines more cost efficient to operate. “This is my firm view,” he said. Speaking at an Invest Asia 2019 presentation today, he […]
Read MoreThe Revenue Department is warning corporate taxpayers that it has already adopted data analytics and a risk-based auditing system that can better track the accuracy of tax payments. The tax-collecting agency is using high-tech software to evaluate the financial position of operators relative to their industry peers, using data analytics and a risk-based auditing system to […]
Read MoreSINGAPORE: Monetary Authority of Singapore has made timely, relevant and adequate disclosures of its regulatory findings and actions relating to the 1MDB investigations, the regulator says on its website. It said on MOnday that it has kept the public updated through media statements at key milestones and level of disclosure to-date has been extensive and […]
Read MoreKUALA LUMPUR: A year after Malaysia’s historic election, public euphoria surrounding the new government has evaporated. And investors are losing patience too. Global funds are bypassing the country in favor of other markets. Stocks recorded outflows in all but two of the past 12 months, the ringgit is trailing most of its peers and bonds […]
Read MoreMyanmar’s power sector will spearhead growth in the infrastructure industry and draw the bulk of foreign direct investments (FDI) over the next five years, Fitch Solutions Macro Research said in a report released April 23. With just 40 percent of all households enjoying access to electricity as at September 2017, which is amongst the lowest […]
Read More
Thailand
