KUALA LUMPUR: Malaysia’s current account balance will remain in surplus for 2019 and the economy is not experiencing a current account deficit, says political secretary to the Finance Minister Tony Pua. Pua issued a statement on Friday in response to a Bloomberg interview hosted by David Ingles with the invited guest, UBS Global Wealth Management […]
Read MoreTHAILAND ranks in the top three of capital markets in Asean and is expected to stay in the leading pack in 2030, trailing only Singapore and Indonesia, a study indicates. The report, Capital Markets in 2030, drew on research by The Economist Intelligence Unit on behalf of PwC. The survey asked nearly 400 executive at […]
Read MoreBank customers are required to consent to banks forwarding their savings-account information to the Revenue Department, as the Finance Ministry tries to eliminate tax evasion, Finance Minister Apisak Tantivorawong said on Friday. A new tax regulation enforced since April 4, requires bank passbook holders to allow banks to send information about the interest they have […]
Read MoreThe Bank of Thailand (BOT) has adjusted downwards its GDP forecast for 2019 amid rising uncertainties about Thailand’s political situation and the US-China trade war. The central bank also cautioned that the country’s financial stability is at risk from the alarming increase of household debt nationwide. The central bank has lowered its GDP forecast for […]
Read MoreSINGAPORE (REUTERS) – Malaysia’s AirAsia Group Bhd has cancelled plans to enter Vietnam’s crowded aviation market, but said it was still keen on operating a low-cost carrier in the country. The Malaysian budget airline, in a statement on Wednesday (April 17), said it had ended an agreement with Gumin Company Ltd and Hai Au Aviation […]
Read MoreMANILA, Philippines — The government plans to suspend the importation of round scad (galunggong) amid improving local production. Agriculture Secretary Emmanuel Piñol said he would issue an order suspending the importation after the Holy Week. “We are intending to suspend the importation already because we have enough fish right now,” he said. The Department of Agriculture (DA)’s […]
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