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 […]
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 […]
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 […]
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 […]
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 […]
Kith Meng Firm Offers Bribe to Delete Article A representative of a Royal Group subsidiary whose trucks were seized by authorities last week for allegedly attempting to smuggle timber to Vietnam denied any wrongdoing on […]
Malaysian PM Najib Razak pushes for conclusion of trade deal Malaysian Prime Minister Najib Razak on Monday called for the speedy conclusion of a free trade pact between the Association of Southeast Asian Nations (Asean) […]
Soft tax approach sends mixed signals The Tax Department has announced a one-month extension to its traditional March 31 deadline for companies to submit their annual corporate tax filings – an unprecedented last-minute move that […]
Tier-one US aerospace firm to invest in Malaysia A tier-one aerospace manufacturer is coming to invest in Malaysia, making it the first tier-one aerospace manufacturer to come to the country after a hiatus of 10 […]