Malaysia Morning News For April 10

Malaysia Morning News For April 10

Report: New tourism tax could hurt hotel operators A new tourism tax bill passed by Parliament last week could hurt hotel owners, including Genting Malaysia Bhd and Sunway Real Estate Investment Trust (REIT), CIMB Research said in a report. — The Star Online WEF ranks Malaysia second in region for tourism edge Malaysia has placed […]

Lao Morning News For April 10

Lao Morning News For April 10

Laos witnesses slight drop in tourism revenue in 2016 Tourism injected more than 724 million U.S. dollars into Laos’ national budget during 2016, according to the latest data from the Tourism Development Department under the Ministry of Information, Culture and Tourism on Sunday. — Xinhua China reclaims top foreign investor spot in 2016 China overtook […]

Cambodia Morning News For April 10

Cambodia Morning News For April 10

Digital Payment Apps Face Hurdles to Success in Cambodia Despite a growing lineup of digital payment apps in the country and predictions of a cashless society within 10 years, experts say major hurdles remain before such a system can catch on and become sustainable in Cambodia. — The Cambodia Daily (paywall) Government Seeks Private Funding […]

Lao Morning News For April 7

Lao Morning News For April 7

SEZ management decree under scrutiny, aiming to draw more investors The government is creating new decrees to ensure the sustainable development of Special Economic Zones (SEZs) in ways that yield strong benefits. — Vientiane Times Solid growth expected for Laos this year and 2018: ADB Laos’ economic growth is picking up in 2017 and 2018, […]

Cambodia Morning News For April 7

Cambodia Morning News For April 7

Uber gears up to enter market Representatives from global ride-hailing behemoth Uber confirmed the company’s interest in starting operations in Cambodia during a meeting this week with Transportation Minister Sun Chanthol, according to one of the minister’s aides. — The Phnom Penh Post Economy to face new challenges Cambodia’s economic growth remained strong last year […]

Malaysia Morning News For April 7

Malaysia Morning News For April 7

Najib satisfied with national economic growth Prime Minister Datuk Seri Najib Razak today expressed satisfaction with the country’s economic growth that showed a very encouraging growth. — New Straits Times Tourism Tax Bill must be value accretive, says CEO The newly passed Tourism Tax Bill 2017 has to be value accretive to enable the tourism […]

Lao Morning News For April 6

Lao Morning News For April 6

PM pushes for further success on back of Asean Summits Prime Minister Thongloun Sisoulith has called on the government and businesses to convert the success of the Asean Summits hosted by Laos last year into productive outcomes, to maximise the benefits brought to the nation. — Vientiane Times Laos placed among the lowest contraception usage […]

Malaysia Morning News For April 6

Malaysia Morning News For April 6

Swiss making progress in 1MDB case despite Malaysia’s silence: top prosecutor Swiss Attorney General Michael Lauber said on Wednesday that his money laundering investigation into Malaysian fund 1MDB was making progress despite Malaysian authorities’ refusal to cooperate. — Reuters Hadi’s Shariah Bill likely to be debated today PAS president Datuk Seri Abdul Hadi Awang’s proposed […]

Cambodia Morning News For April 6

Cambodia Morning News For April 6

Startups turn heads in Silicon Valley Cambodia’s startups have clamoured to attract foreign venture capital, and now even Silicon Valley is paying attention. Last month, local media and entertainment site Khmerload – described by some as Cambodia’s version of Buzzfeed – secured $200,000 in investment from the regional arm of California-based venture capital seed fund […]

Lao Morning News For April 5

Lao Morning News For April 5

“Chinese Culture Enters ASEAN” activities held in Laos to promote bilateral cultural exchanges A series of activities within the framework of “Chinese Culture Enters ASEAN” was held Tuesday in Lao capital Vientiane, drawing the participation of over 200 people from cultural and educational sector of China and Laos. — Global Times UNICEF Initialises Implementing 1000-Day […]

Malaysia Morning News For April 5

Malaysia Morning News For April 5

Axiata looking to expand tower assets in India Malaysian telecommunications group Axiata Sdn Bhd is looking at buying a stake in Indian tower assets to grow its presence in the country, an Indian business newspaper reported. — The Star Online Rising inflation has risks but may help curb debt INFLATION in Malaysia, which has risen […]

Cambodia Morning News For April 5

Cambodia Morning News For April 5

Smooth trade to put $2B exports in reach Cambodia could expand its foreign trade by up to 16 percent, adding approximately $2 billion worth of exports, by complying with a new international trade protocol that aims to slice through the red tape that slows and complicates cross-border trade. — The Phnom Penh Post Millers push […]

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