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Laos: Minimum wage hike in the pipeline

A tripartite meeting held in Vientiane recently agreed to increase the minimum wage from the present 900,000 kip to 1.2 million kip a month, a senior official has confirmed.  The meeting brought together representatives from the Lao Federation of Trade Unions (LFTU), the Ministry of Labour and Social Welfare and the Lao National Chamber of […]

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Thailand: Survey shows digital opportunity for banks

Use of online and mobile banking is on the rise, giving banks an opportunity to use customer data and digital transformation to enhance the customer experience, says Marketbuzzz, an online survey unit of Buzzebees, a mobile commerce platform. Marketbuzzz partnered with Potentiate, a data technology company, to monitor the banking industry, evaluating the customer experience […]

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Laos affirms support for Asia-Europe connectivity

The government’s support for the realisation of Asia-Europe connectivity has been confirmed at a meeting of foreign ministers from the two continents in the belief it will help transform Laos from being landlocked to land-linked. Minister of Foreign Affairs Saleumxay Kommasith made the confirmation while addressing the 13th ASEM Foreign Ministers Meeting held in Nay […]

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FTA boosts Thai-Chinese trade value

Trade value between Thailand and China has risen 12.5% so far this year thanks to the Asean-China free trade agreement (FTA) that helped slash import tariffs and trade barriers and boost exports, says the Commerce Ministry’s Department of Trade Negotiations (DTN). Auramon Supthaweethum, a deputy director-general of the DTN, said trade value between Thailand and […]

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