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New Thai labour rules send migrant workers packing for home

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

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Mohd Irwan: Malaysia’s 2017 GDP growth can hit 5% or more

CYBERJAYA: Malaysia’s economy can grow 5% or more this year, based on the country’s first-half performance, said Treasury Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah. “The country’s economy is performing well, and I personally think we can achieve 5% or more in GDP growth, backed by the strengthening economic environment, the increase in exports […]

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Cambodia, Myanmar tour pact

Cambodia and Myanmar are discussing a plan to attract tourists to ancient temples in both nations. The plan will encourage people to visit Cambodia’s Siem Reap province and Myanmar’s Bagan province, where each country’s most famous temples are. The campaign will be branded “two countries one destination”. In Thoeun, deputy director-general at the Tourism Ministry, […]

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Philippines: Govt debt grows 7.8% to P6.34T in May

NATIONAL government debt rose 7.8 percent year-on-year to P6.34 trillion in May, but fell from April after the government redeemed some of its securities and a stronger peso cut the value of the try’s dollar bonds, the Bureau of the Treasury (BTr) said on Monday. The Treasury did not offer any explanation for the year-on-year […]

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