The Indonesian government has disbursed Rp 304.6 trillion (US$20.5 billion), or 43.8 percent of the Rp 695 trillion national economic recovery (PEN) budget, as of Sept. 28, with social safety net spending accelerating but healthcare spending still lagging. The government had spent Rp 150.8 trillion, or 74 percent of the social safety net budget, in […]
Read MorePETALING JAYA: Malaysian companies that are highly dependent on foreign labour need to strengthen their practices, as allegations have arisen about forced labour in the country. More developed countries are placing emphasis on environmental, social and corporate governance (ESG) initiatives to measure sustainability and societal impact of businesses and are tightening their labour practices as […]
Read MoreHengyi Industries’ oil refinery and petrochemical plant has been the main contributor to the increase in industrial downstream activities which has driven Brunei’s economy to a 2.8% growth in the second quarter (Q2) of 2020 amidst the global coronavirus pandemic. Minister of Finance and Economy and Minister and the Prime Minister’s Office YB Dato Seri […]
Read MoreSiam Commercial Bank (SCB) has set up a bank in Myanmar after receiving a subsidiary business licence from the Central Bank of Myanmar, aiming to expand in the neighbouring market via offline and online platforms. SCB, the country’s fourth-largest commercial lender by assets, notified the Stock Exchange of Thailand on Thursday that it had registered a […]
Read MoreThe Hanoitimes – Covid has made us focus as a society collectively on a range of ways of new solutions to familiar problems in order to help live our lives during a pandemic. Life for many of us has changed beyond recognition compared to just a few months ago – and one of the biggest changes […]
Read MoreThe decision by the Garment Manufacturers Association of Cambodia (GMAC) to file a lawsuit against the European Commission (EC) has reignited the ongoing struggle between Cambodia and the European Union (EU) to promote bilateral trade and uphold a political agenda. The lawsuit was filed despite the industry stating, because of the current economic climate of […]
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Thailand
