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Thailand: CPN retail course a hit with young

Three years after its inception, Central Pattana Plc (CPN) has seen its CPNlead programme provide training and support to 120 businesses, giving them a chance to sell products at CPN stores. CPN partnered with Thammasat University to develop an intensive retail course with opportunities for entrepreneurs to test the market and expand their business. CPN […]

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Malaysia scores C+ rating in global pension index

KUALA LUMPUR: Malaysia moved up in the 2019 Melbourne Mercer Global Pension Index to C+ from C as pension assets increase and individuals feel wealthier, hence they are likely to borrow more. Malaysia achieved an index of 60.6 surpassing the average global index of 59.3. The country currently ranks 16th in the index just behind […]

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Thai central bank head warns of financial system risk from ultra-low rates

WASHINGTON: Huge global capital flows and prolonged ultra-low interest rate policies of advanced nations have made it harder for emerging economies to protect their financial system, Bank of Thailand Governor Veerathai Santiprabhob said on Sunday. Given a surge in the past decade of capital flows driven by global investors seeking “speculative returns,” emerging economies have […]

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Philippines: DOF welcomes new mining tax proposal

MANILA, Philippines — The Department of Finance (DOF) has welcomed the proposal of Albay Rep. and House ways and means committee chairman Joey Salceda to impose a new tax scheme for the mining sector, which would be used to create a sovereign wealth fund for the benefit of future generations. In an interview, Finance Secretary […]

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