KUALA LUMPUR: The Pakatan Harapan government must provide more clarity on its succession plan for the prime minister’s post in order to raise investor confidence in the economy, according to tycoon Ho Kwon Ping. Speaking at the Invest Malaysia forum, Ho pointed out that it was still unclear on the exact timeline for Tun Dr […]
Read MoreMANILA, Philippines — More than half of Philippine companies expect the Expanded Maternity Leave Law to affect their decision in hiring women, a survey of the Employers Confederation of the Philippines (ECOP) showed. Preliminary results of the ECOP survey were presented at the Philippine Exporters Confederation Inc.’s first quarter general membership meeting Tuesday, which showed 68 percent of the 70 respondents […]
Read MorePhnom Penh moved up six places, reaching the 76th spot, in The Worldwide Cost of Living Survey, a ranking compiled by the Economist Intelligence Unit (EIU). Other emerging economy cities like Kuala Lumpur, Bangkok, Manila, and Hanoi also climbed several places in the ranking, while Singapore, Hong Kong and Paris shared the tile of most […]
Read MoreThe baht is about to hit some turbulence — not only volatility from the March 24 election, but also a period of seasonal weakness that is fast approaching. The baht, Asia’s best-performing currency, has weakened in the second quarter for seven of the past 10 years, partly due to foreign repatriation of Thai dividend payments […]
Read MoreThe Hanoitimes – Growing number of consumers are using smartphones over other mobile devices to shop online globally. Among emerging countries, Vietnam recorded the strongest increase of mobile payments at 61% in 2019 from a 37% growth rate year earlier, according to PwC’s latest Global Consumer Insights Survey. Within the group, China claimed the top spot […]
Read MoreMANILA, Philippines — The country’s external payments position strengthened for the fourth straight month with the balance of payments (BOP) surplus hitting $467 million in February, a complete reversal of the $429 million deficit recorded in the same month last year due to strong inflows, according to the Bangko Sentral ng Pilipinas. Data released by […]
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