M’sia parliament dissolved, 13th general election on

4 April, 2013
By Tashny Sukumaran and T Avineshwaran | Source: ANN

Malaysia’s 13th General Election is officially on. Prime Minister Najib Tun Razak confirmed today that King Tuanku Abdul Halim has consented to dissolution of Parliament. “I met the Agong this morning and he consented to the dissolution of Parliament,”

Bangladesh stocks return to the black

4 April, 2013
By The Daily Star | Source: ANN

Bangladesh Stocks returned to the black yesterday, as investors went on a buying spree after the market reached its historic 40-month low on Monday with a further decline in turnover. The general index of

Business in China attracts Taiwan

4 April, 2013
By An Baijie | Source: ANN

Even though only a few customers go to Xiao Huang-biao’s food stand each day, the Taiwan native does not regret coming to the Chinese mainland to seek his fortune. Xiao, 52, arrived on the

Wal-Mart to open 30 new stores in China

3 April, 2013
By Wang Zhuoqiong | Source: ANN

The world’s largest retailer by sales will open 30 new stores in China and invest nearly 500 million yuan (US$80.1 million) to remodel existing ones in the country. Wal-Mart Stores Inc told China Daily

Tourists returning to Sabah

3 April, 2013
By The Jakarta Post | Source: ANN

Tourism in Sabah, Malaysia, which had taken a hard hit from the Lahad Datu conflict, is beginning to recover, according to industry players who say tourists are coming back. Sabah Hotel sales and marketing

Thailand to rein in property market

3 April, 2013
By Somluck Srimalee and Sucheera Pinijparakarn | Source: ANN

The Bank of Thailand (BOT) might reel in the real estate market after detecting some hot spots, especially in the condominium segment for units priced under 3 million baht (US$102076). “A restriction on banks

Indonesian food and beverage firms question new regulations

3 April, 2013
By The Jakarta Post | Source: ANN

Several large food and beverages franchisers in Indonesia are saying that new regulations to diversify outlet ownership would hinder their expansion in a booming local market. Justinus Juwono, the director of PT Fast Food Indonesia,

Weak reserves put Indonesian rupiah under pressure

3 April, 2013
By Satria Sambijantoro | Source: ANN

The Indonesian rupiah will face intense pressure if the government cannot resolve escalating energy subsidy costs and a widening oil trade deficit, economists have warned. In a report titled “Indonesia in Focus: Testing Thresholds”

Indonesian food and beverage firms question new regulations

3 April, 2013
By The Jakarta Post | Source: ANN

Several large food and beverages franchisers in Indonesia are saying that new regulations to diversify outlet ownership would hinder their expansion in a booming local market. Justinus Juwono, the director of PT Fast Food Indonesia,

Indonesian property developers boast sky-high growth

2 April, 2013
By Mariel Grazella | Source: ANN

Property developers have performed on a par with market forecasts predicting skyscraper growth. Comparing recent financial reports of property developers, PT Agung Podomoro Land (APLN), whose projects include upmarket residential estate Green Bay Pluit,