Malaysia Morning News For July 27

Malaysia Morning News For July 27

Malaysia’s electricity tariffs among lowest in Asean Malaysia’s electricity tariffs for the consumer, residential, industrial and commercial segments are among the lowest compared to other countries in the Association of South-East Asian Nations (ASEAN) region. — The Borneo Post  Malaysia to produce three million tonnes of fish by 2020 The Fisheries Department is confident that […]

Singapore Morning News For July 27

Singapore Morning News For July 27

Singapore’s manufacturing output jumps 13.1% in June Singapore’s manufacturing output rose 13.1 per cent year-on-year in June, the 11th straight month of growth, according to data released by the Singapore Economic Development Board (EDB) on Wednesday (Jul 26). — Channel NewsAsia  Amazon Prime Now lands in Singapore app stores E-commerce giant Amazon launched its Prime […]

Cambodia Morning News For July 26

Cambodia Morning News For July 26

IMF urges boost to tax system Cambodia’s economy continues to perform strongly, but the government will face rising spending pressures that need to be tackled by enhanced revenue collection through more stringent tax measures to contain near-term deficits, the International Monetary Fund (IMF) said yesterday at the conclusion of its annual Article IV consultation — […]

Malaysia Morning News For July 26

Malaysia Morning News For July 26

Foreign investors are cashing in on an emerging market with a booming currency Things are looking up for Malaysia, with more foreign investors cashing in on the country’s improving economy and strengthening currency, market participants told CNBC on Tuesday. — CNBC  Petronas halts US$28.8 billion Canadian LNG project Petronas will not proceed with a proposed […]

Singapore Morning News For July 26

Singapore Morning News For July 26

Singapore’s Grab Draws $2.5 Billion to Bolster Ride-Hailing, Payments Services Southeast Asia’s ride-hailing sector is shaping up to be a massive proxy fight between some of the largest tech companies operating in the region. — eMarketer  Singapore PM warns against threat of extremism Conflicts in other parts of the world must not affect the racial […]

Cambodia Morning News For July 25

Cambodia Morning News For July 25

US dollar used to curb inflation Cambodia’s central bank purchased a total of $479.4 million worth of cash during the first half of this year to convert to riel, utilising one of the few tools the National Bank of Cambodia (NBC) has to stabilise the value of the local currency and inject it into circulation, […]

Malaysia Morning News For July 25

Malaysia Morning News For July 25

Malaysian start-up Grab out to secure RM10.7bil investment Grab, a local start-up that has amassed a dominant market share of the ride-hailing market in South-East Asia, is expanding into financial services with the latest round of fundings. — The Star Online  IMF upgrades outlook for Malaysian economy The International Monetary Fund (IMF) has revised its […]

Singapore Morning News For July 25

Singapore Morning News For July 25

Headline inflation up first time in 2 years for middle, highest income HEADLINE inflation for the middle- and highest-income households has risen for the first time in two years, but has been in a sustained decline since the first half of 2015 for the lowest 20 per cent of households by income group. — The […]

Cambodia Morning News For July 24

Cambodia Morning News For July 24

With continued growth, Cambodia’s finance sector aims for stability The Kingdom’s financial sector continued to expand robustly during the first half of this year with outstanding loans and deposits increasing compared to the same period last year, reflecting sustainable development and growing public confidence in the sector, according to the latest report by the central […]

Malaysia Morning News For July 24

Malaysia Morning News For July 24

Analysts: Construction job flows to pick up again in 2H17 The momentum on contract awards and job flows in the construction sector is expected by analysts to pick up again in the second half of 2017 (2H17), continuing into 2018. — The Borneo Post IPO market sees resurgence Malaysia’s initial public offering (IPO) market is […]

Singapore Morning News For July 24

Singapore Morning News For July 24

Industry leaders respond to Singapore’s new cybersecurity bill Singapore’s Ministry of Communications and Information (MCI) and the Cyber Security Agency (CSA) recently proposed a Cybersecurity Bill, which is open for public feedback from 10 July to 3 August 2017. — NetWorksAsia  Singapore Startup Counts on Visa to Take Bitcoin Into Real World A recurring challenge […]

Cambodia Morning News For July 21

Cambodia Morning News For July 21

Government clarifies exemptions for minimum tax Nearly a year after the government announced that it would consider scrapping the controversial and burdensome 1 percent minimum tax obligation that is paid on monthly revenue flows, the Ministry of Economy and Finance has provided guidelines on how taxpayers who satisfy its accounting guidelines can obtain an exemption. […]

Malaysia Morning News For July 21

Malaysia Morning News For July 21

Malaysian realty player Aspen Group launches Catalist IPO, targets $26.8m raise Malaysia-based property development group Aspen Holdings Limited – which develops affordable residential and mixed development properties for middle-income mass market purchasers – has launched its initial public offer (IPO) on the Catalist board of the SGX, targeting to raise S$36.72 million ($26.8 million). — […]

Singapore Morning News For July 21

Singapore Morning News For July 21

NUS-Redas property sentiment index at its highest since Q1 2010 PROPERTY market sentiment continues to improve, going by the latest reading of the quarterly sentiment index published by the developers’ body and the National University of Singapore (NUS). — The Business Times  Tertiary students in S’pore not as tech-savvy as they think: Study Despite being […]

Cambodia Morning News For July 20

Cambodia Morning News For July 20

Rubber exports bounce higher Cambodian rubber exports surged 37 percent during the first half of the year, compared to the same period in 2016, as the Kingdom’s rising harvest capacity coincided with firmer global demand for rubber products. — The Phnom Penh Post Global Fund to give 98 mln USD to Cambodia for 3-year fight […]

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