Malaysia morning news for May 10

Malaysia morning news for May 10

Malaysian PM Says No Timetable for Handing over Power A year after his election victory, Malaysian Prime Minister Mahathir Mohamad has defended his government’s record but gave no timetable for handing over power to his successor Anwar Ibrahim. — NewsMax Malaysia Rail Link: Improved ECRL deal driven by transparency, accountability The improved deal for the […]

Health tech startup OOCA to represent Thailand at OTEC semi-finals (video)

It took just four minutes for Thai health tech startup OOCA to impress the judges enough to earn a place in the semi-finals of the Investible Overseas Talent Entrepreneurship Conference (OTEC) in Kunming, China, later this month. OOCA managed to outshine and out-pitch ten other Thai startups who took part in the Investible OTEC pitch […]

Clik-MYPINPAD team up to provide easier e-payments for merchants

Clik-MYPINPAD team up to provide easier e-payments for merchants

Cambodian finch startup Clik is set to roll-out the trial of a new electronic payment solution to ease the problems of retailers forced to deal with multiple third-party payment providers, non of which interconnect. The new payment solution will initially involve some 500 Cambodian businesses, and follows a newly inked partnership between Clik and MYPINPAD, […]

Myanmar morning news for May 9

Myanmar morning news for May 9

Biman Bangladesh plane skids off runway in Yangon, 17 injured A Biman Bangladesh Airlines plane skidded off the runway when it landed in bad weather at Yangon’s international airport on Wednesday evening, injuring at least 17 people, officials said. — Reuters Rental transactions rise in Yangon, even as larger market stays muted The market for […]

Vietnam morning news for May 9

Vietnam morning news for May 9

HCMC wants $54 billion foreign investment Ho Chi Minh City is seeking $53.8 billion worth of foreign investment in 210 projects with a focus on infrastructure. — Vietnam Insider VN strives for green textile industry The garment and textile industry was one of the country’s key export industries, but also produces high levels of greenhouse […]

Malaysia morning news for May 9

Malaysia morning news for May 9

One Year in, Mahathir Gets Mixed Result on Malaysian Economy A year after a shock election win, Malaysia’s government is fighting perceptions that its management of the economy deserves poor marks. — The Edge Markets Race still an issue in Malaysia Baharu, says Dr M Pakatan Harapan needs the support of all Malaysians – regardless […]

Myanmar morning news for May 8

Myanmar morning news for May 8

Journalists reunited with families after 500 days in Myanmar prison Two journalists jailed in Myanmar for breaking state-secrets laws while investigating a Rohingya massacre have been reunited with their families after spending more than 500 days behind bars. — Sky News Myanmar to release 6,500 prisoners in amnesty Some 6,520 prisoners in Myanmar will be […]

Vietnam morning news for May 8

Vietnam morning news for May 8

Vietnam’s Transfer Pricing Regulations – Compliance Strategies Vietnam’s transfer pricing regulations under Decree No. 20/2017/ND-CP (“Decree 20”) became effective in May 2017 and outline all relevant aspects of the transfer pricing compliance process. Foreign investors should consider the following when creating a compliance strategy for transfer pricing in the country. — Vietnam Briefing Vietnam: Fruit […]

Malaysia morning news for May 8

Malaysia morning news for May 8

Finance minister: Malaysia embracing digital technology in bid to become high-income nation Finance Minister Lim Guan Eng said Malaysia is embracing digital technology especially 5G as a launching pad to become a high-income nation. — Malay Mail Malaysia: Almost €4 million allocated to strengthen Sarawak durian industry As part of the government’s crop diversification programme, […]

Government steps in to force lower Indonesia airfares

Government steps in to force lower Indonesia airfares

The Indonesian government is stepping in to cap domestic airfares after two ministerial directives and a call from the President failed to see airlines lower ticket costs. In February President Joko Widowdo ordered the country’s national flag carrier, Garuda Indonesia, to lower its prices following a public outcry over a spike in fares and new […]

Myanmar morning news for May 7

Myanmar morning news for May 7

Property market in Myanmar expected to stay flat till 2020 Myanmar’s property market has been lacklustre since 2015 and this situation is expected to continue until next year, said U Myo Myint, general secretary of the Myanmar Construction Entrepreneur Association during an industry discussion in Yangon last week. — Myanmar Times Ministry to loan farmers […]

Vietnam morning news for May 7

Vietnam morning news for May 7

Ministry reiterates request to export 2.5 million tons of unsold coal The Ministry of Industry and Trade has repeated its request to export 2.5 million tons of unsold coal mined by two companies. — VnExpress Vietnamese firms seek to adapt to official exports to China Vietnamese businesses and farmers face various challenges in exporting farm […]

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