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Transfer of employment under Thai labour laws

Amendments 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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Philippines: Inflation slows in September as demand struggles to recover

MANILA, Philippines (UPDATE 12:11 p.m., Oct. 6) — Inflation slowed for the second straight month in September despite key economic centers returning back to business after a brief lockdown the previous month, reflecting a long way back to reviving consumer demand. Consumer prices rose 2.3% year-on-year in September from 2.4% the previous month, the Philippine Statistics Authority […]

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Malaysia: Investments likely to regain momentum next year

KUALA LUMPUR: Overall investments in Malaysia will regain momentum between 2021 and 2022, according to United Overseas Bank (Malaysia) Bhd (UOB Malaysia). The bank said this would be driven by the government’s focus on reviving the investment climate and the Malaysian Investment Development Authority’s (Mida) ongoing efforts to lure and expedite investment approval process, as […]

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Thailand: Agoda ready for long haul after layoffs

Following a staff reduction of more than 25%, online travel agency (OTA) Agoda says the company is maintaining stable cash flow and can weather months or years of travel restrictions thanks to the strength of domestic bookings. In May the company laid off 1,500 of its 5,500 employees globally because of a sharp drop in […]

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