Report: New tourism tax could hurt hotel operators A new tourism tax bill passed by Parliament last week could hurt hotel owners, including Genting Malaysia Bhd and Sunway Real Estate Investment Trust (REIT), CIMB Research […]
Laos witnesses slight drop in tourism revenue in 2016 Tourism injected more than 724 million U.S. dollars into Laos’ national budget during 2016, according to the latest data from the Tourism Development Department under the […]
Digital Payment Apps Face Hurdles to Success in Cambodia Despite a growing lineup of digital payment apps in the country and predictions of a cashless society within 10 years, experts say major hurdles remain before […]
SEZ management decree under scrutiny, aiming to draw more investors The government is creating new decrees to ensure the sustainable development of Special Economic Zones (SEZs) in ways that yield strong benefits. — Vientiane Times […]
Uber gears up to enter market Representatives from global ride-hailing behemoth Uber confirmed the company’s interest in starting operations in Cambodia during a meeting this week with Transportation Minister Sun Chanthol, according to one of […]
Najib satisfied with national economic growth Prime Minister Datuk Seri Najib Razak today expressed satisfaction with the country’s economic growth that showed a very encouraging growth. — New Straits Times Tourism Tax Bill must be […]
PM pushes for further success on back of Asean Summits Prime Minister Thongloun Sisoulith has called on the government and businesses to convert the success of the Asean Summits hosted by Laos last year into […]
Swiss making progress in 1MDB case despite Malaysia’s silence: top prosecutor Swiss Attorney General Michael Lauber said on Wednesday that his money laundering investigation into Malaysian fund 1MDB was making progress despite Malaysian authorities’ refusal […]
Startups turn heads in Silicon Valley Cambodia’s startups have clamoured to attract foreign venture capital, and now even Silicon Valley is paying attention. Last month, local media and entertainment site Khmerload – described by some […]
“Chinese Culture Enters ASEAN” activities held in Laos to promote bilateral cultural exchanges A series of activities within the framework of “Chinese Culture Enters ASEAN” was held Tuesday in Lao capital Vientiane, drawing the participation […]
Axiata looking to expand tower assets in India Malaysian telecommunications group Axiata Sdn Bhd is looking at buying a stake in Indian tower assets to grow its presence in the country, an Indian business newspaper […]
Smooth trade to put $2B exports in reach Cambodia could expand its foreign trade by up to 16 percent, adding approximately $2 billion worth of exports, by complying with a new international trade protocol that […]