Malaysia proposes RM86 million fine on Grab for abusive practices The Malaysia Competition Commission (MyCC) proposed a fine of over RM86 million on ride-hailing firm Grab for violating the country’s competition law by imposing restrictive […]
Myanmar consumers still lack wide awareness of cashless payment systems Although more than 40 percent of Myanmar consumers expect to utilise cashless payment in the coming year, awareness of contactless and QR systems is still […]
World Bank signs $2.2m project to strengthen Việt Nam’s banking sector The World Bank (WB) and the State Bank of Việt Nam (SBV) on Tuesday signed a financing agreement for a grant worth US$2.2 million […]
Manufacturers clarify US not imposing blanket ban against Malaysia-made rubber gloves The US has only banned rubber gloves from one Malaysian company and not all products manufactured here, the local rubber gloves industry said today. […]
US Businesses Eye Expanded Myanmar Investment Representatives from top US firms like Google, Ford and Amazon are touring Myanmar to consider large-scale investment. — Irrawaddy Myanmar seeks to establish Myanmar-India-China economic corridor As part of […]
Vietnam has 26 products with export turnover exceeding US$1 billion Vietnam saw 26 items with export turnover exceeding US$1 billion accounting for 89.8 percent of the total export turnover in the first nine months of […]
MIER urges govt to re-introduce GST in Budget 2020 The Malaysian Institute of Economic Research (MIER) has urged the government to re-introduce the Goods and Services Tax (GST) in the 2020 Budget at a lower […]
Myanmar Among World Bank’s Top 20 for Business Ease Improvements Myanmar has won praise from the World Bank for reforms aimed at attracting foreign investment. — Irrawaddy Need to raise tourism promotion budget to increase […]
Lower tariffs may demotivate investment in new solar power plants Investors are concerned that a proposed reduction in solar power prices could slash their profits and demotivate investment in new plants. — VnExpress Shoes and […]
Malaysia set to roll out 55 5G use cases across 32 sites worth RM116m Eight companies will be investing RM116 million to roll out 55 5G use cases across 32 sites in six states in […]
Myanmar willing to repatriate ‘verified returnees’ from Bangladesh Some 900,000 mainly Rohingya refugees from Myanmar have sought shelter in the Cox’s Bazar region in south-eastern Bangladesh following military operations two years ago. — UN News […]
Vietnam Tests China’s Patience In The South China Sea The Chinese Communist Party is well aware of the challenges its rise poses to the established order and primarily the United States. — Yahoo News HCM […]