Malaysia Morning News For May 8

Malaysia Morning News For May 8

Mustapa denies Malaysian economy to crash by September International Trade and Industry Minister Datuk Seri Mustapa Mohamed has denied an allegation that the Malaysian economy will crash by September. — Malay Mail Online Exports skyrocket in March, breaching RM80 billion mark Exports surged in March, breaching the RM80 billion mark in receipts for the first […]

Lao Morning News For May 8

Lao Morning News For May 8

WFP injects more than US$85m to support sustainable development The World Food Programme (WFP) has granted more than US$85 million (682 billion kip) to help the Lao government achieve the Sustainable Development Goal targets, as well as middle-income country status. — Vientiane Times Lao power company lauds China’s efforts to push for integrated regional energy […]

Cambodia Morning News For May 8

Cambodia Morning News For May 8

Market-based approach to development Phav Daroath recently became the first Cambodian to be selected for the Forbes 30 Under 30 Asia list for social entrepreneurship. — The Phnom Penh Post Tech Firms Warn of Weak Intellectual Property Protections Outdated legal protections for intellectual property in Cambodia are likely to put off potential innovators, according to […]

Malaysia Morning News For May 5

Malaysia Morning News For May 5

China fund fears creep up in Malaysian market Fears of companies from China not putting their money in Malaysian government projects, following the surprise cancellation of a deal that would have given a state-owned Chinese firm a stake in the development of the prestigious Bandar Malaysia project, caused sentiment on Bursa Malaysia to go south. […]

Lao Morning News For May 5

Lao Morning News For May 5

China steps in to help control locust plague The locust invasion in the north has reached plague proportions and despite a chemical spraying campaign their numbers are continuing to grow in Huaphan, LuangPrabang, Oudomxay, Phongsaly and XiengKhuang provinces. — Vientiane Times Govt borrows more money to address deficit The government needs 2,420 billion kip to […]

Cambodia Morning News For May 5

Cambodia Morning News For May 5

Ground broken for oil refinery After years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground yesterday on a $1.62 billion project with an updated completion date set for the middle of 2019. — The Phnom Penh Post Local coffee sector gets a jolt Several international […]

Malaysia Morning News For May 4

Malaysia Morning News For May 4

BNM: Islamic banks no longer required to keep reserve fund Bank Negara Malaysia (BNM) announced that Islamic banks are no longer required to maintain a reserve fund effective May 3. — The Star Online Malaysia’s US$1.7 billion property deal to cut 1MDB debt falls through A US$1.7 billion property deal that was expected to ease […]

Vietnam Morning News For May 4

Vietnam Morning News For May 4

Textile sector growth surges The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Việt Nam Textile and Garment Group (Vinatex) Lê Tiến Trường. — Viet Nam News Foreign tourists to VN surge past 4m in first four months THE […]

Lao Morning News For May 4

Lao Morning News For May 4

Trillions of Kip Emerge From State Audit Following an audit conducted by the State Audit Organization, an estimated 3.135 trillion kip (USD 384.776 million) has been uncovered as additional revenue, representing 3.11% of the total state revenue. — The Laotian Times Cambodia Says Laos Lacks Documents on Transboundary Impacts of Proposed Pak Beng Dam Cambodia […]

Cambodia Morning News For May 4

Cambodia Morning News For May 4

ADB guides Vietnam, Cambodia to greater growth The Asian Development Bank funds physical infrastructure across the region, but unlocking a country’s growth potential takes more than roads and railways. – Nikkei Asian Review World Economic Forum Registration Underway About 600 people have registered to attend the World Economic Forum on Asean in Phnom Penh next […]

Malaysia Morning News For May 3

Malaysia Morning News For May 3

Malaysian economy stays resilient, says IMF The Malaysian economy has performed well over the past few years and remained resilient despite the challenging global economic environment, said the International Monetary Fund (IMF) in its annual consultation report on Malaysia, which concluded on March 15. — The Star Online Malaysia’s PMI up on improved overseas demand […]

Vietnam Morning News For May 3

Vietnam Morning News For May 3

Vietnam state investment arm SCIC partners Thai Kasikornbank Vietnam’s government investment arm SCIC, the state investor in the country’s biggest firm Vinamilk, has inked a deal with Thai Kasikorn Bank to unlock more investment opportunities in Vietnam. — Deal Street Asia Stocks poised to rise further this week Vietnamese stock indices may rise further and […]

Lao Morning News For May 3

Lao Morning News For May 3

Singapore hopes to be part of Laos’ transformation: PM Lee Laos’ leaders have ambitious plans to transform the landlocked country into one that’s connected to the rest of the world, and Singapore hopes to be part of that development, said Prime Minister Lee Hsien Loong on Tuesday (May 2). — Channel NewsAsia Possible Solar Power […]

Cambodia Morning News For May 3

Cambodia Morning News For May 3

Illicit trade costs millions Illicit financial flows in and out of Cambodia starved the Kingdom of at least $360 million in lost taxes annually between 2005 and 2014, according to a new report. — The Phnom Penh Post Rice millers balk at export fees Numerous members of the Cambodia Rice Federation (CRF), the body tasked […]

Malaysia Morning News For May 2

Malaysia Morning News For May 2

AllianceDBS: Govt needs PFIs for future big projects Given the current state of government finances, it will have to resort to private financing initiatives (PFIs) or foreign-based funding for future big projects such as those in the infrastructure or construction space, said AllianceDBS Research in a report. — The Star Online More cargo, lower tariffs […]

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