Malaysia central bank holds rates at 3% Malaysia’s central bank kept its benchmark interest rate steady at 3 per cent, as expected by economists. — The Financial Times Prasarana CEO hails MRT’s positive impact to […]
Cambodia rice exports rise 7.6pc in Jan-June Cambodia exported 288,562 tonnes of rice in the first six months the year, an increase of 7.6 per cent compared with the same period last year, official data […]
Malaysian merger could open window for ANZ stake sale: sources ANZ Bank is moving closer to a deal to sell its Malaysian banking stake to a pension fund and exit the South-East Asian nation, sources […]
China’s appetite driving rice export growth as demand continues to outstrip supply Cambodian rice exports increased marginally during the first half of the year as export companies push to fulfil higher quotas destined for China. […]
Malaysian banks must change to stay competitive Malaysian banks must constantly evolve and make necessary changes to stay competitive as more foreign banks make their way into the country, says Deputy Finance Minister Datuk Othman […]
REITs could offer investors a piece of the real estate boom The Kingdom’s property sector is booming, but investment in commercial real estate and high-grade rental assets is capital-intensive, providing few opportunities for smaller investors. […]
MAHB Records 11.9 Per Cent Passenger Growth In June 2017 Malaysia Airports Holdings Bhd’s (MAHB) network of airports, including Istanbul Sabiha Gokcen International Airport (Istanbul SGIA), recorded 10.2 million passengers in June 2017, an 11.9 […]
Tax Department Delays VAT on Microfinance Institutions The Finance Ministry’s general department of taxation will delay implementing a new provision meant to clarify financial services for which the value-added tax (VAT) is required, after microfinance […]
Steel sector to see healthy push from upcoming projects Malaysia’s steel sector has been viewed positively by analysts as the industry is expected to see a healthy boost in demand from upcoming infrastructural projects such […]
Cambodia ‘Needs 1 Million More Homes By 2030’ Cambodia needs to build some 1 million more homes by 2030 in order to meet the demands of a booming population, a minister has said. — VOA […]
Report: Malaysia’s cybersecurity is third best globally Malaysia is ranked third among 193 countries in terms of its commitment to cybersecurity, according to the Global Cybersecurity Index (GCI) 2017. — The Star Online Tourism Tax: […]
Microlenders refuse to apply prescribed VAT The industry body representing the Kingdom’s myriad microfinance institutions (MFIs) threw down the gauntlet yesterday, announcing that its members had categorically rejected a government directive that orders them to […]