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Laos: New Thai labor rules send migrant workers packing for home

Fearful that Thailand’s new labor rules will get them into trouble, tens of thousands of migrant workers are returning to neighboring Myanmar, Cambodia and Laos, causing hardship to themselves and their Thai employers. Labor regulations that took effect June 23 could give foreign workers without proper permits up to five years in prison, while their employers could […]

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Indonesia sets tariff ranges for online car-hailing services

[JAKARTA] Indonesia set minimum and maximum tariffs for online car-hailing services in a bid to ensure comparable pricing with conventional transport providers and address complaints of undercutting, sending shares of the nation’s top two taxi firms soaring. Ride-hailing services such as US group Uber Technologies Inc, Southeast Asia’s Grab and Indonesia’s GO-JEK have heavily subsidised […]

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Laos-Vietnam Trade Reaches US$ 823 Million

(KPL) The annual bilateral trade volume between the Lao PDR and Vietnam was recorded at more than US$820 million in 2016. Laos’ exports to Vietnam were estimated at US$345 million, while Vietnam’s exports to Laos reached US$478 million, according to a report at the Laos-Vietnam Trade Promotion and Business Matching Seminar held in Vientiane on […]

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OCBC revises up Malaysia’s 2017 GDP growth to 4.8%

KUALA LUMPUR: OCBC Bank has upgraded Malaysia’s gross domestic product (GDP) growth to 4.8% for 2017 from 4.2% earlier and on the back of growing global trade in the second half. In a note, OCBC said although the year began with concerns about the rise of protectionist politics in the developed world to impede global […]

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