The Competition Law, a piece of legislation deemed crucial in the digital economy, will be completed early next year, Commerce Minister Pan Sorasak said yesterday. Speaking at the 8th Asean Competition Conference in Phnom Penh yesterday, Minister Sorasak said the upcoming legislation focuses on promoting a healthy business environment and creating a level playing field […]
Read MoreNegotiations for a free trade agreement between Cambodia and China, the second-biggest economy in the world, will begin next month, the Chinese Embassy in Phnom Penh announced yesterday. Following directions from the countries’ heads of state, China and Cambodia will launch the first official consultation on a bilateral FTA in Beijing on Dec 3, the […]
Read MoreThe Securities and Exchange Commission (SEC) expects to conclude a proposal to amend the digital asset royal decree by the first half next year, aiming to set up an investor protection fund to mitigate incurred damages. An initial amendment will enhance investor protection for damages caused by authorised digital asset intermediaries, but losses derived from […]
Read MoreThe Hanoitimes – The base wage is the reference for calculating salaries of employees in the state-run sector by multiplying with their corresponding coefficient. The Vietnamese National Assembly (NA) on November 12 approved a government proposal to raise wages for civil servants by 7.3% from July 1, 2020, local media reported. Accordingly, the monthly base wages […]
Read MoreDBS analysts are expecting the euro to keep underperforming against the Singapore dollar, according to a research note released by the bank on Thursday. “Having broken its 1.52 support in September, EUR-SGD is looking to fall below the psychological support at 1.50. With the Fed having completed its mid-cycle adjustment after its third rate cut […]
Read MoreThe emerging economies of Vietnam and Thailand both saw significant real salary increases, placing them in the global top five, with increases of 5.1% and 4.1% respectively, according to a report by ECA International. “Workers in Vietnam and Thailand will both see further increases to their salaries as the nominal salaries expected to be given […]
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