Daily Archives: September 29, 2019

Adventoro aims to be Southeast Asia’s top go-to platform next year

KUALA LUMPUR, Adventoro, a holiday travel agency that offers adventure vacations in Southeast Asia for tourists, is looking to strengthen its presence and be the top go-to platform in the region next year.Founder and chief executive officer Ken Lau sai...

[EXCLUSIVE] Confidence in Labuan IBFC continues as jurisdiction of choice in Asia

SINGAPORE, The Labuan International Business and Financial Centre (IBFC), which was established 29 years ago, has continued to become a financial and business jurisdiction of choice in Asia.The centre, which offers a wide range of business and investme...

[EXCLUSIVE] Foreign funds selling enters 2nd week on Bursa

KUALA LUMPUR, The Malaysian equities market was sluggish last week amidst uncertainty in the external sector and volatility surrounding the eligibility of Malaysian government bonds in the World Government Bond Index (WGBI).Bank Islam Malaysia Bhd chie...

Parlo Bhd hopes govt will relax visa applications for inbound tourism

MANCHESTER, Ace-listed travel management company, Parlo Bhd, is hoping the government will include some measures to relax visa applications for inbound tourism under the 2020 Budget.Chief executive officer Dani Yap said the company is looking forward t...

Direct debt up as PH govt refused to resort to off-balance sheet financing – MOF

KUALA LUMPUR, The Finance Ministry says Malaysia's direct debt rose from 50.1 per cent of gross domestic product (GDP) in 2017 to 51.2 per cent in 2018 to directly fund the fiscal deficit, without the Government resorting to off-balance sheet