Malaysia morning news for November 2

Malaysia climbs to 15th spot in World Bank Doing Business 2019 Report Malaysia had climbed up to the 15th position in the World Bank Doing Business 2019 Report from its 24th position the year before. […]

Malaysia climbs to 15th spot in World Bank Doing Business 2019 Report Malaysia had climbed up to the 15th position in the World Bank Doing Business 2019 Report from its 24th position the year before. […]

Tax authority reveals new target The General Department of Taxation (GDT) has announced that it aims to increase revenue from tax collection by 19 percent with a new strategy for the next four years based […]

Malaysia’s 13 strategies to transform manufacturing & services sector The government has outlined 13 strategies under the National Policy on Industry 4.0 (Industry4WRD) as part of its roadmap to transform Malaysia’s manufacturing industry landscape in […]

Central Bank explains its yuan promotion policy A representative of the National Bank of Cambodia yesterday clarified the Central Bank’s policy toward the Chinese yuan, saying that its use is only being promoted in cross-border […]

Banks to report cash transactions above RM25k as at Jan 1, 2019 As at Jan 1, 2019, banks must report any cash transactions exceeding RM25,000 in their daily cash threshold report, a reduction from the […]

Challenges as Kingdom heads for Industry 4.0 Industry 4.0 or the Fourth Industrial Revolution opens an opportunity for some countries. However, it also provides challenges to others, such as Cambodia where people still rely heavily […]

Malaysia’s new approved direct investments rise to 19.18 bln USD in H1 Malaysia’s new approved direct investments in the services, manufacturing and primary sectors rose 17.7 percent year-on-year to 80.2 billion ringgit (about 19.18 billion […]

Startups Blooming In Cambodia Cambodia had seen at least 12 tech startup funding announcements by the second quarter of the year, which was a 140 per cent increase from at least five in the previous […]

Malaysian Passport Classified As Fifth-Best Worldwide The Malaysian passport has been ranked fifth among the best passports in the world in terms of visa-free or visa-on-arrival access to other countries by the Global Passport Power […]

Kong Vibol: We might show leniency in retroactive tax haul In response to allegations that the private sector in Cambodia is being unfairly treated on backdated taxes, the General Department of Taxation said yesterday it […]

Malaysia approves RM61.6 billion in investments this year MALAYSIA approved RM61.6 billion in investments from January to August this year in both foreign and domestic direct investments, up a whopping 52.47% from RM40.4 billion recorded […]

Cambodia’s garment exports up 10.73%, projected strong Cambodia’s garment exports grew by 10.73 percent in the first half of 2018 and are projected to remain strong despite a European Union threat to withdraw duty-free trading […]