Public investment should play a “central role” in boosting the economies of emerging and advanced economies as they struggle to recover from the coronavirus downturn, the International Monetary Fund (IMF) said Monday. With interest rates at rock bottom around the world, the Washington-based crisis lender said now is the time for governments to take action […]
Read MoreThe Hanoitimes – The US Chamber of Commerce (AmCham) will emphasize that trusted partners prosper together at an annual US-Vietnam Business Summit later this week. On the occasion of the US-Vietnam Business Summit 2020, Adam Sitkoff, executive director of the American Chamber of Commerce (AmCham) in Hanoi told Hanoitimes about promoting an innovative and sustainable business environment in […]
Read MoreSINGAPORE: Singapore’s budget will likely be challenging for a number of years as officials look to balance fiscal sustainability with generous aid amid a long recovery, and signalled that higher taxes may be on the line. Operating revenues this financial year will probably be 16% lower than the government estimated in February, Deputy Prime Minister […]
Read MorePailin Chuchottaworn, head of a panel steering the economic recovery, on Monday urged the government to reopen the country in order to prevent it from collapsing. He said that despite the lockdown having been gradually eased six times, the country’s output would not improve unless the country reopens, albeit with precautionary measures. This year’s annual […]
Read MoreThe two-way trade between Cambodia and Thailand was valued at $5,073 million in the first eight months of this year, a 16 percent decrease compared to the same period last year. From January to August, Cambodia exported $913 million worth of products to Thailand, a year-on-year decline of 40 percent, according to the figures from […]
Read MoreAmendments to Thailand’s Labour Protection Act (LPA) on May 5, 2019, ushered in significant changes to a variety of labour laws, resulting in increased statutory severance pay, increased maternity leave benefits, implementation of paid necessary business leave, changes in wage payments during temporary suspension of business, interest payments for non-payment of wages in certain situations, […]
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