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Malaysia: Factories hired more workers, higher salaries reported

KUALA LUMPUR: More workers were hired by the manufacturing sector in November 2018 while higher salaries and sales value were also recorded, according to the Statistics Department’s data. Its chief statistician Datuk Seri Mohd Uzir Mahidin said on Friday the total employees hired in the sector rose by 2% or  21,200  to 1.075 million workers from 1.054 million persons in November […]

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Brunei: CPI up 0.2 per cent year-on-year

THE Consumer Price Index (CPI) in November 2018 increased by 0.2 per cent year-on-year compared to November 2017 due to an increase in prices of food and non-alcoholic beverages by 0.9 per cent while non-food prices decreased by 0.002 per cent, according to statistics released by the Department of Economic Planning and Development (JPKE). The […]

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Philippines rejects Go-Jek application

The Philippine Land Transportation Franchising and Regulatory Board (LTFRB) has rejected the request from Indonesian ride-hailing company Go-Jek to operate in the country because of a local regulation on corporate ownership. The LTFRB pre-accreditation committee’s Resolution No. 096, dated Dec. 20, 2018, rejects Go-Jek’s application through local transport network company (TNC) Velox Technology Philippines, kompas.com reported on recently. The board rejected the application on the […]

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Digital banking essential for Vietnam’s financial sector

HANOI — Embracing the digital transformation is critical for Vietnamese bankers in the era of Industry 4.0, experts said during the 2019 Asian Banker Conference in Hanoi on Thursday. The event, themed ‘Future of Finance Vietnam’, was organised by Singapore-based The Asian Banker, a provider of strategic business intelligence to the region’s financial services community. The event brought financial […]

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