The 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, […]
Read MoreMANILA, 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 […]
Read MoreKUALA 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 […]
Read MoreFollowing 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 […]
Read MorePROMPT payments declined to a new low in the third quarter of 2020 and accounted for less than two-fifths of total payment transactions, the Singapore Commercial Credit Bureau (SCCB) said on Tuesday. This came as local payment performance deteriorated further in the same period, although some slight improvements were seen across certain sectors, the SCCB […]
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