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JAKARTA (The Jakarta Post/ANN): President Joko “Jokowi” Widodo has offered to open, within the Batang Integrated Industrial Park in Central Java, an area designated for German companies as Indonesia seeks to woo new foreign investors.
MANILA, Philippines, April 14 (Philippine Inquirer/ANN) —President Rodrigo Duterte has urged Congress, especially the Senate, to fast-track three bills which will further open up the economy to more foreign investors and, according to his economic managers, help the economy recover from pandemic-induced recession.
MELAKA: A total of 10,585 employees in the state were adversely affected by the economic downturn due to Covid-19, says Melaka Chief Minister.
Relaxation will give firms greater flexibility, efficiency
PETALING JAYA: The reimposition of cabotage policy on submarine cable repair works did not cause tech giants to skip Malaysia as part of its plans to install undersea cables to boost Internet connection in the region, says Datuk Seri Dr Wee Ka Siong.
FACED with a yearly budget deficit, narrow-tax base and rising expenditure, the government has to undertake a tax reform to broaden its revenue base. The move is to be accompanied by expenditure rationalisation to achieve its medium-term fiscal consolidation and deficit reduction target.
“APRIL is the cruellest month”, so said the poet T.S. Eliot in his 1920s poem, the Wasteland. The April Spring meetings of the International Monetary Fund (IMF)/World Bank will be held virtually this year, locked down by the pandemic that is raging into its third wave worldwide.
KUALA LUMPUR: European and US companies have ranked Malaysia as the second most favourable South-East Asian country for opportunities to establish or expand sourcing, selling or operations over the next six to 12 months.
With regulations noted as the number one concern amongst respondents looking to expand overseas, it could suggest an opportunity for Malaysia to potentially increase foreign investment through greater awareness of the ease of doing business locally.