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Researcher pushes for revamp of pay system at Thai courts

THAI JUDGES are over-paid while court fees stay relatively low by global standard, said TDRI researchers who propose that the Court of Justice should revamp judges’ salaries and court fee to reflect the real costs of litigation and boost judicial efficiency. Nonarit Bisonyabut, a research fellow at Thailand Development Research Institure (TDRI) and the leader […]

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Indonesia: Govt temporarily revokes export permit for 4 miners

The government has temporarily revoked four concentrate export permits because the mining companies had failed to fulfill their commitment to develop smelters as part of the permit’s requirements. Kontan.co.id reported that three of the four companies are nickel miners, all based in Southeast Sulawesi: PT Surya Saga Utama in Bombana; PT Modern Cahaya Makmur in Konawe; and PT Integra Mining Nusantara […]

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Philippines: Debt prepayments hit $1.45 B in 1st half

MANILA, Philippines — Philippine borrowers–both the national government and the private sector — continued to prepay their foreign obligations resulting in the further weakening of the peso against the dollar, data from the Bangko Sentral ng Pilipinas (BSP) showed. Debt prepayments amounted to $1.45 billion in the first six months. The national government accounted for […]

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Thailand: Kerry targets M&A for regional sourcing

Kerry Ingredients, an Irish manufacturer of food and drinks, is seeking merger and acquisition (M&A) deals to expand its business in Thailand.  “As we believe there is opportunity for growth in this industry, the parent company’s strategy is aimed at new M&A deals to keep operations within economies of scale across Southeast Asia,” said Paul Potter, […]

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Malaysia: Bracing for a difficult 2019

THE pressures keep piling even as emerging markets (EMs) take in more punches from increasing tariff turmoil, strong dollar and drying up of liquidity. As though investors have not been sufficiently pummeled in the China markets, the brewing financial crisis in Turkey is causing risk version in EMs, and leading to Germany’s call for Turkey […]

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