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Indonesia: New rule no ‘carte blanche’ for foreign workers: Minister

The Manpower Minister has played down public concerns over a possible influx of foreign workers and tighter job competition, which was fueled by a recent presidential regulation that cuts some red tape in hiring foreign workers. Manpower Minister Hanif Dhakiri said on Sunday that the new regulation did not mean foreign workers could freely enter the country. Hanif said Presidential […]

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Indonesia considers joining TPP-11

Indonesia is considering plans to join the Trans-Paicific Partnership (TPP) without the United States, known as TPP-11. The country will discuss the matter during the 32nd ASEAN Summit in Singapore on Wednesday, Trade Minister Enggartiasto Lukita said. He added that as Malaysia, Vietnam, Singapore and Brunei had entered the trade pact, the remaining countries, Indonesia, Thailand, […]

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Thailand: Data crisis triggers IT security fears

Goosebumps are rising among social media fans amid a firestorm over Facebook’s massive personal data harvesting. Coincidentally, a similar scandal has erupted in Thailand, where one of the country’s largest telecom operators faces censure as a result of IT security negligence.  In the latest saga, the personal data of about 46,000 True Move H users was […]

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Drivers struggle after Uber closes in Vietnam

A number of drivers who used to work with the ride-hailing company Uber say they are uncertain about their futures after the company closed here two weeks ago. UberMOTO driver Tien Sy had only worked for the company for a month in Hanoi, but says he feels his whole life has fallen apart now they […]

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Cambodia: PPSEZ lays out diversification plans

Phnom Penh SEZ Plc, the kingdom’s leading economic zone, announced last week plans to diversify its revenue after revealing less-than-satisfactory financial results for 2017. Total revenue in 2017 equalled $9.1 million, a decrease from the previous year’s $9.4 million, according to Fong Nee Wai, PPSEZ’s chief financial officer, who spoke during the company’s annual general […]

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Vietnam: An increasingly attractive market in ASEAN

The Hanoitimes – According to Grant Thornton Vietnam, in the “Vietnam`s Private Investment – Growth Expectations” report, Vietnam is becoming a potential market for consumer products and retails with high and stable economic growth. In 2018, the level of confidence in investment prospects in Vietnam increased significantly compared to 2017, noted Grant Thornton. Vietnam has witnessed […]

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