Merchantrade Asia Sdn Bhd (Merchantrade) has launched Merchantrade Money, a Visa multi-currency prepaid card that digitally converts pre-loaded ringgit into multiple currencies using exchange rates decided by the customer. “In addition to the ringgit, the card currently supports five currencies, namely Australian dollar, pound sterling, Indonesian rupiah, Singapore dollar and US dollar, in addition to […]
Read MoreMANILA, Philippines — The Philippines advanced two notches in the 2018 Inclusive Development Index (IDI) of the World Economic Forum which measures the ability of advanced and emerging economies to foster inclusive growth and development. The country now ranks 38th among 74 emerging economies for the 2018 index. Last year, the Philippines ranked 40th out […]
Read MoreRevenue in the General Department of Customs and Excise (GDCE) reached $1.9 billion last year, an increase of 10.4 percent compared to 2016. “We collected 104.5 percent of our goal,” said Kun Nhem, director general of GDCE. Mr Nhem said the key achievements for his department in 2017 have been strengthening the technical compliance of […]
Read More[SINGAPORE] After six years of rising layoffs, there was some relief for workers last year as retrenchments dipped. There were 14,340 retrenchments last year, down from 19,170 in 2016, with improvements coming from the manufacturing and services sectors, according to preliminary full-year data released by the Manpower Ministry (MOM) on Friday. The unemployment situation also […]
Read MoreLaos and China will partner in the area of plant protection and green crop standards after government officials signed an agreement in Vientiane on January 23. The two sides agreed to work together in the fields of agricultural science and technology, especially in national plant protection networks. The agreement was signed by Laos’ Deputy Minister […]
Read MoreThe Finance Ministry will soon seek cabinet approval to temporarily raise tax-deductible expenses for the minimum wage paid to employees to 1.15 times from 1 at present, an adjustment that can absorb employment costs of 9-10 baht a day per employee if it wins the nod, says Finance Minister Apisak Tantovorawong. The government will lose […]
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Thailand
