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philippines: Ecozone investments nearly double in 5 months

MANILA, Philippines – Investment pledges approved by the Philippine Economic Zone Authority (PEZA) nearly doubled in the first five months this year, fueled by the agency’s aggressive program to attract foreign investors, its director general Charito Plaza said. Plaza said PEZA approved P107.75 billion worth of investments from January to May, almost twice the P54.38 […]

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Thailand: PM admits new law too tough

Prime Minister Prayut Chan-o-cha has instructed the Labour Ministry to come up with urgent measures to soften the impact of the executive decree on foreign workers as the stringent new labour law has raised concern about manpower shortages in some businesses. Varanon Peetiwan, director-general of the Department of Employment at the Labour Ministry, said Thursday the prime […]

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