A person holds gold bars at a jewelry shop in Hanoi. Photo by VnExpress/Ngoc Thanh Vietnam gold prices surged Tuesday morning while globally the precious metal held steady as investors waited for further data on interest rates. Saigon Jewelry Company gold bar went up 1.09% to VND167 million (US$6,342.69) per…

The Malaysian government is considering a proposed revision of petrol subsidies for high-income earners. The proposal was submitted nearly a month ago and has been under review by the relevant authorities for the last three weeks.Malaysian Prime Minister Anwar Ibrahim noted that no final decision has been made. However, he…

StarDream Cruises, which operates three vessels, said its operating costs have risen, largely driven by higher global fuel prices, as reported by Channel News Asia.Its president, Michael Goh, said the line’s Asia itineraries, including those stopping in Singapore, have remained broadly stable, though “selective adjustments” have been made across parts…

The visa, which requires holders to invest at least US$1 million within 12 months of arrival, was introduced following many enquiries from foreigners seeking to relocate with their families, Prime Minister Navinchandra Ramgoolam told lawmakers on Tuesday, as reported by Bloomberg.Ramgoolam said the program is designed to maximize the economic…

Financial Secretary Paul Chan Mo-po said at an event last Thursday that the city would press on with introducing new gold products and facilities to capitalize on expanding opportunities in the gold market, as reported by The Standard.Officials have earlier informed lawmakers of a plan to relaunch gold futures within…

The Penang Fruit Farmers Association has launched the digital authentication initiative to prevent durians from other states or countries from being marketed as Penang’s prized King of Fruits, as global demand for premium Malaysian durians continues to climb, as reported by The Star.Each durian receives a QR code tag affixed…