Businesses and factories may soon be required to increase the minimum wage from the present 900,000 kip to 1.1 million kip a month in a bid to improve workers’ standard of living. This message was reiterated at a meeting last week attended by Minister of Labour and Social Welfare, Dr Khampheng Saysompheng, and representatives of […]
Read MoreONLY 14 per cent of small and medium-sized enterprises here intend to expand ovearseas while almost half had no interest in taking their business beyond Singapore in the near future, a survey found. In the poll by QBE Insurance of more than 400 firms, 45 per cent said that they will not explore expansion across […]
Read MoreUnreasonably high tax and interest rates could lead to the collapse of Mandalay’s already ailing construction sector, U Shein Win, vice chair of the Myanmar Construction Entrepreneur Association (MCEA) told The Myanmar Times last Friday. Capital gains tax on the sale of a property in Myanmar is currently 30 percent, which is deterring activity in the real […]
Read MoreThe Hanoitimes – During the first 15 days of 2018, Vietnam’s total export value reached US$9,257 billion while imports amounted to US$9.56 billion, according to the General Department of Vietnam Customs’ latest statistics. Three commodity groups with export value of US$1 billion or above dominated the list. Textiles and garments reached nearly US$1,108 billion, up by […]
Read MoreThe Hanoitimes – The Government should continue making reforms in 2018 in a move to help the country meet the economic growth target of 6.7%, experts have recommended. At a conference titled ‘Vietnam’s economy in 2017 and prospect in 2018’ held recently, the experts warned that economic growth in 2018 might be affected by negative factors […]
Read MoreFast Retailing Co, Japan’s leading casual wear chain operator, will open its first Uniqlo brand roadside shop in Southeast Asia in March, marking a milestone in its store expansion in the region with the introduction of its successful mainstay business model at home. The outlet, located on Phatthanakan Road in Bangkok, will open on March […]
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Thailand
