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Thailand: Salary increase remains stable amid changing workforce landscape

Mercer released today (November 6) the results of its ‘2019 Thailand Total Remuneration Survey’, an annual study identifying key remuneration trends and making hiring and pay increase predictions for the following year. The survey is Mercer’s flagship annual compensation and benefits bench-marking study, with participation increasing to 607 companies this year across various industries. In […]

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Malaysia: Kenanga lowers forecast on F&N, TP at RM35.15

KUALA LUMPUR: Robust demand growth from FRASER & NEAVE HOLDINGS BHD ‘s Thai operations is expected to be overshadowed by competition on the Malaysian scene. Kenanga research reiterated its market perform recommendation on the stock but lowered its target price to RM35.15 following a downward revision in its earnings forecasts. “We tweaked our FY20E/FY21E earnings downwards by […]

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Lao Securities Exchanges Suspends Trading of PCD

Lao Securities Exchange (LSX) has announced that the stocking trading of Phousy Construction and Development Public Company (PCD) has been suspended due to the failure of disclosure. In particular, PCD failed to disclose a semi-annual report for 2018, annual report for 2018 and semi-annual report for 2019, according to a statement by LSX. “LSX shall suspend stock […]

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Thailand: BoT eases up on exporters’ rules

The Bank of Thailand has relaxed regulations related to exporters’ foreign currency proceeds and foreign securities investment to encourage capital outflows and rein in the baht’s strength. The central bank on Wednesday announced four measures, taking effect tomorrow, to stimulate capital outflows and lessen pressure on the baht. The moves are also aimed at reducing Thailand’s […]

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