[SINGAPORE] Slower rates of labour force growth in Singapore are unavoidable, the city-state’s central bank head said on Monday, and any attempt to completely offset it by increasing foreign workers is not viable. Singapore faces a problem common to many developed societies, that of an ageing resident population, but has tightened restrictions on foreign workers […]
Read MoreMANILA, Philippines — The country’s economy likely grew by 6.7 percent in the last quarter of 2017, according to Moody’s Analytics. In its latest Asia-Pacific Economic Preview report, the economic research and analysis arm of Moody’s said the Philippines’ gross domestic product in the last three months of the year may have expanded by 6.7 […]
Read MorePTT Group and RISE have launched the DNEXT programme to support the creation of a regional digital hub in the country in the near future. Chansin Treenuchagron, chief technology and engineering officer at PTT Group, said the corporation would focus on support and faciliฌtate startups in five countries – Singapore, Malaysia, Indonesia, Vietnam and Thailand […]
Read MoreIMPLEMENTATION of the Dawei special economic zone (SEZ) has been suspended for years, but Myanmar and Thailand are still eager to revive the mega project, according to an official in Myanmar. Phyo Win Tun, minister for planning and finance at the Tanintharyi Region Government and vice-chairman-1 of the Dawei SEZ management committee, said Myanmar would […]
Read MoreCambodia’s mango shipments have been routinely blocked before making it to the international market, with the Ministry of Agriculture claiming the mangoes are not of a high enough quality to meet the sanitary and phytosanitary (SPS) requirements necessary to ship outside of the Kingdom. According to Hean Vanhan, director general at the General Directorate of […]
Read MoreMANILA, Philippines — Local banks continued to tighten their credit standards for real estate loans to corporations in the fourth quarter of 2017, results of a Bangko Sentral ng Pilipinas (BSP) survey showed. Based on the central bank’s Senior Bank Loan Officers’ Survey (SLOS) for December 2017, banks saw a net tightening of their overall […]
Read More
Thailand
