THAI WORKERS will enjoy a salary increase of 5.5 per cent in 2019, similar to the previous year, according to a forecast issued by consulting firm Korn Ferry. In the Korn Ferry 2019 Global Salary Forecast, Thailand is ranked fifth in terms of real-salary forecast – tied with Azerbaijan – at 3.9 per cent, among […]
Read MoreThe Hanoitimes – Despite global growth slowdown in 2019, Vietnam is expected to grow at 6.5% year-on-year whereas inflationary pressures are likely to remain benign and well below the State Bank of Vietnam’s (SBV)`s 4% ceiling at 3.4% year-on-year. In its recent report, British bank HSBC expected depreciation pressures on the Vietnamese dong (VND) to be […]
Read MorePETALING JAYA: Inflation has remained moderate since the abolition of the goods and services tax last June, despite the sales and service tax being reintroduced. Data from the Statistics Department showed that inflation, measured by the change in the consumer price index (CPI), rose at a slower-than-expected pace of 0.2% year-on-year (y-o-y) last December. The figure was lower than the 0.3% increase […]
Read MoreGDP growth slows to 6.2% The Philippine economy grew at a slower pace in 2018, failing to hit the government’s target but still among the fastest in Asia, the National Economic and Development Authority (NEDA) reported yesterday. In the fourth quarter of 2018, gross domestic product (GDP) growth registered at 6.1 percent, weaker than the […]
Read MoreBangkok Glass, part of the Boon Rawd Brewery owned by the billionaire Thai family Bhirom Bhakdi, wants to focus more on mergers and acquisitions (M&A) this year and increase investment weight for construction material to diversify business risk. Pavin Bhirom Bhakdi, the company’s president and director, said the company is set to invest about 5 billion […]
Read MoreAny rise in electricity rates to be announced this year will take into account the needs of ordinary people, Deputy Permanent Secretary of the Ministry of Electricity and Energy (MOEE) U Soe Myint has told The Myanmar Times. “An increase in rates will take place this year, but only after we seek recommendations from all stakeholders […]
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