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Philippines: Longer maternity leave impacts decision to hire women — ECOP survey

MANILA, 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 […]

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Thailand: Baht volatility seen ahead of election

The 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 […]

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Philippines books 4th straight month of BOP surplus

MANILA, 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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Malaysia will return as Asian tiger in three years

KUALA LUMPUR: Malaysia will return to its Asian tiger status in three years, says Finance Minister Lim Guan Eng. He said the 48 per cent jump in foreign direct investments to RM80.5 billion in 2018, compared with RM54.4 billion in 2017, reflected investor confidence in Malaysia’s economic health. Lim said Chinese and Japanese investments into […]

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