The government’s pledge to boost the country’s minimum wage is foundering because of an economic slowdown. US-China trade tension and its impact on Thailand is one of the risks to monitor, according to Labour Minister Chatu Mongol Sonakul. An official report due Monday may show economic growth slowed to a near five-year low of 2.2%, […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) will make a last-minute appeal to the House of Representatives to approve the proposed increase in excise taxes of alcopops and electronic cigarette products in the plenary level, according to a top official. Last Monday, the House ways and means committee approved and endorsed to the plenary […]
Read MoreThe International Monetary Fund (IMF) is predicting a favourable outlook for Laos’ economic growth in the upcoming years despite the present difficulties. The international financial institution unveiled its projection last week as part of the Article 4 Consultation with the Lao PDR mission, which took place in Vientiane in May. The projection states that ongoing […]
Read MoreMinister of Commerce Pan Sorasak on Tuesday met with the Malaysian ambassador in Phnom Penh to consider the establishment of several factories in Cambodia to manufacture bicycle components. For in depth analysis of Cambodian Business, visit Capital Cambodia Minister Sorasak and newly-appointed Malaysian ambassador Eldeen Husaini Bin Mohd Hashim agreed that working together to build bike […]
Read MoreThe Hanoitimes – Ride-hailing cars now only need to have a reflective decal on the right side of the car’s windshield stating “contracted car”, aiming to better identify different types of transportation modes. Vietnam’s Ministry of Transport (MoT) has dropped the requirement that electronic contract-based vehicles such as Grab or GoViet must have a roof sign […]
Read MoreThe four biggest commercial banks have passed on the central bank’s 25-basis-point policy rate cut almost in full, slashing their minimum retail rate (MRR) and minimum overdraft rate (MOR) from Thursday. Kasikornbank (KBank), Krungthai Bank (KTB) and Bangkok Bank (BBL) cut their MOR and MRR by 25 basis points, while Siam Commercial Bank (SCB) lowered […]
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