As Thailand gradually transforms into an ageing society, the potential economic and social burden of retiring workers is one issue that is likely to be on the minds of many employees, employers, and policymakers. New amendments to Thailand’s Labour Protection Act have addressed this issue by introducing a retirement regime for Thai private sector employees, placing […]
Read MoreAfter effectively scrapping the unpopular six-per cent goods and services tax (GST) on June 1, Malaysia’s new government will re-introduce a refined sales and services tax (SST) in September, giving its citizens a break of just three months from such a general tax. Abolishing the GST was one of the key promises of Prime Minister […]
Read MoreSingapore’s sovereign wealth fund GIC has decided to fully exit its four-year-old investment in Vietnamese taxi firm Vinasun (VNS) at a time when traditional cab operators are struggling given the rise of ride-hailing technology players. In a disclosure to Ho Chi Minh City Stock Exchange, GIC said it sold all the 5.4 million shares, equivalent to a 7.96 per […]
Read MoreInflation was recorded at 0.21 percent in May, higher than 0.1 percent recorded in the previous month, the Central Statistics Agency (BPS) announced on Monday. The latest figure brought year-to-date (ytd) inflation at 1.3 percent. Meanwhile, year-on-year (yoy) inflation was recorded at 3.23 percent in May, lower than 4.33 percent and 3.33 percent recorded over […]
Read MoreDespite the July 29 national elections having drawn criticism at home and abroad, Cambodia’s property market seems immune to a potential downturn as land sales continue to rise and new projects keep changing the Kingdom’s skyline. Mong Martin, an investor currently working on a project in Kampong Speu province, said Cambodians are increasingly aware of […]
Read MoreHigh-ranking officials from the Greater Mekong Subregion convened last week to discuss regional cooperation in food safety, agricultural trade and the implementation of the GMS Strategy and the Siem Reap Action Plan. The 15th Annual Meeting of GMS’s Working Group on Agriculture took place on May 29-30 in the Chinese city of Pu’er, in Yunnan […]
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