The government has approved a minimum wage increase from the present 900,000 kip to 1.1 million kip a month, according to the Prime Minister’s Office. The pay rise is expected to take place from May 1 this year when Laos celebrates International Labour Day and should bring pride and pleasure to all Lao workers. The […]
Read MoreLazada and Shopee are trying to attract millennial consumers, with the former hiring Bella Ranee as brand ambassador while Shopee introduces a series of celebrities on its platform. “Local e-commerce competition will become more intense, so Lazada plans to continue to improve our services and reduce e-commerce roadblocks in Thailand — payment and logistics,” said Thanida […]
Read MoreSince its launch in early April, investor interest in the New Yangon City project from China, South Korea and ASEAN has been on the rise, Yangon Chief Minister U Phyo Min Thein said during a press conference at the 2018 Yangon Investment Forum on April 20. The Yangon Region Government is now courting foreign direct […]
Read MoreThe Hanoitimes – Prime Minister Nguyen Xuan Phuc recently signed a decision to ease regulations on granting guarantee for new domestic and foreign loans taken by enterprises. Under Decision No. 433/QĐ-TTg signed on April 20, the government will only limit its guarantee for new domestic and foreign loans of enterprises to implement their investment projects, instead […]
Read MoreSINGAPORE – Maritime Singapore is ramping up efforts at developing human capital for the seafaring industry. A tripartite agreement signed on Monday (April 23) aims to help develop a future-ready pool of seafarers and equip them with the skills to cope with trends towards digitalisation and automation in the maritime sector. The Maritime and Port […]
Read MoreGovernment spending surged in March, a Cabinet official said on Monday, resulting in a substantially higher first quarter budget deficit. Quoting a preliminary Bureau of the Treasury report, Finance Secretary Carlos Dominguez 3rd told reporters that the January-March shortfall had reached P162.2 billion. “[It] is P57.8 billion lower than program with good revenue performance,” he […]
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Thailand
