Markets

Malaysian Dutch Business Council gets accredited

The Malaysian Dutch Business Council (MDBC) recently became the second Dutch chamber in the world to join the NLinBusiness network and receive worldwide recognition for its efforts to promote Dutch businesses in Malaysia.An initiative by the main Dutch employers’ organisations, NLinBusiness was established to create more professional Dutch trade promotion and international business development worldwide.

11 May 2019
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Taxing the lucrative e-commerce sector

In December, it was revealed that the government of Thailand had passed a bill that it hoped would ensure more effective tax collection, especially from e-commerce businesses.

11 May 2019
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Skills shortages may hit Singapore hard

Singapore has attracted high-tech manufacturers with incentives and a well-educated workforce, but growing demand for highly skilled labour, combined with limits on numbers of foreign workers may mean a tougher path ahead.The city-state is a major producer of products ranging from aircraft engines to medical equipment and oil rigs, and top firms such as Rolls-Royce and German industrial conglomerate Siemens have operations there.British appliance pioneer Dyson will open its first electric car

11 May 2019
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Stocks climb in Asia on tariff deadline day

Asian shares climbed and United States (US) equity futures fluctuated as investors prepared for news on pivotal US-China trade talks, with tariff hikes set to kick in today. The yuan remains near its weakest since January.The Shanghai Composite opened up more than one percent, clawing back some of this week’s plunge.

10 May 2019
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Vietnam’s travel industry gets a boost

Boosted by the fastest growing middle class in Southeast Asia, Vietnam’s travel industry has seen phenomenal growth which has led to Vietnamese airlines launching direct flights to the United States (US) for the first time.According to the Financial Times, outbound air travel in Vietnam last year grew faster than it ever has and outbound tourism from Vietnam has been growing at an annual rate of 10-15 percent over the past few years according to a Euromonitor report in 2017.

8 May 2019
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Indonesia to rule billion-dollar industry?

The State of Global Islamic Economy Report 2018/2019 states that fashion consumption among Muslims across the world is currently valued at US$270 billion and is projected to continue to increase at a growth rate of five percent.

8 May 2019
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ASEAN wants to go electric

The first image that usually springs to mind when someone mentions any Southeast Asian capital is congested roads filled with honking cars and motorcycles. Congested roads have become synonymous with Southeast Asia, and that is not going to change anytime soon.According to the latest data, vehicle sales in Southeast Asia is set to outpace all other regions in the world.

7 May 2019
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Labour rights abuse on the rise

Labour rights violations in ASEAN are among the negative effects of an increase in production due to the ongoing United States (US)-China trade war which has resulted in a shift of some production from China to this part of the world. While the region is embarking on the Fourth Industrial Revolution, numerous industries in ASEAN still rely on labour-intensive factories.

6 May 2019
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Malaysia to mine tin again?  

Several challenges lie ahead for Malaysia if the former global tin leader is to revive the industry. Speaking to local media last week, Malaysia’s Minister of Water, Land and Natural Resources, Dr Xavier Jayakumar, said the country is looking to restart the industry as prices have now rebounded to US$20,000 per metric tonne. However, it is not as simple as that. Firstly, prices above US$20,000 are nothing new.

5 May 2019
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Malaysia’s medical tourism on a high

The Malaysia Healthcare Travel Council (MHTC) is targeting several new ASEAN markets and the Middle East as it continues to establish Malaysia as a leading global destination for healthcare.An agency under Malaysia’s Ministry of Finance, the MHTC is tasked with promoting Malaysia as a medical tourism destination under the ‘Malaysia Healthcare’ brand and has seen healthy growth in both the number of tourists visiting Malaysia to attend to their healthcare needs and the revenue generated by the

3 May 2019
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Pig "Ebola" goes viral

What started with a few dozen dead pigs in north-eastern China is sending shock waves through the global food chain.Last August, a farm with fewer than 400 hogs on the outskirts of Shenyang was found to harbour African swine fever, the first ever occurrence of the contagious viral disease in the country with half the world’s pigs. 47 head had died, triggering emergency measures including mass culling and a blockade to stop the transportation of livestock.

3 May 2019
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Thailand handicapped by poor connectivity

Mobile is the future, and this is especially the case in ASEAN member states. As a matter of fact, e-commerce logistics management platform, Parcel Perform, recently noted that emerging markets like Myanmar and Thailand are seeing rapid growth in mobile marketing.

29 April 2019
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