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Cambodia: Unions and companies alike unhappy with draft changes to law on worker contracts

Both unionists and private sector representatives are unhappy with draft amendments to Cambodia’s Labour Law, which would overhaul the regulations surrounding worker contracts and guaranteed employee protections. Negotiations between the Ministry of Labour and representatives from employers and unions have been ongoing since the draft amendments were released on December 14. The amendments closely follow […]

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Philippines: Remittances grow in November

MANILA, Philippines — Remittances from overseas Filipino workers continued to grow in November last year, bringing the 11-month tally 5.1 percent higher at $28.24 billion from the year-ago level of $26.88 billion, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Nestor Espenilla Jr. said personal remittances from overseas Filipinos (OFs) rose 3.2 percent […]

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Vietnam an ideal destination for foreign startups

HCM CITY — Vietnam has become an ideal location to start a business, not only for young overseas Vietnamese people but also for expats thanks to the country’s strong economic growth in recent years.   Vietnam has had many programmes that have helped create a dynamic startup ecosystem by facilitating a wide range of supporting activities, […]

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Thailand: CK Power seeks another hydropower deal in Laos

WITH ITS INITIAL success constructing the Bt150 billion Xayaburi Hydroelectric Power Project in Laos, CK Power Plc is negotiating with the Laos government to build another hydroelectric power projects worth over Bt150 billion. A final deal is expected to be signed by the middle of this year, the company’s managing director, Thanawat Trivisavet, said during […]

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