Amid global uncertainty, Vietnam continues to attract fresh FDI and remains an exception to a subdued private investment outlook of the Southeast Asian region in recent quarters. Despite the second Covid-19 outbreak that will likely moderate the pace of third-quarter growth, Vietnam is predicted to remain the strongest growth performer this year in the Southeast […]
Read MoreThe Industry Ministry will stimulate domestic car sales by working with the Finance Ministry to launch trade-in coupons, worth 100,000 baht each, for individual car owners who can also use their expense to reduce tax. Officials expect the scheme to boost car demand, which has plummeted during the Covid-19 pandemic, while reducing emissions from ageing […]
Read MoreSINGAPORE, Aug 27 — In view of how the Covid-19 pandemic has weakened the job market, the Ministry of Manpower (MOM) is raising the minimum qualifying salary for an Employment Pass (EP) by S$600 (RM 1,832.59) to S$4,500 in a bid to encourage companies to hire more locals. In a statement on Thursday (Aug 27), MOM […]
Read MoreNot deterred by the pandemic-induced market volatility, the number of retail investors in Indonesia’s stock market continues to rise with new investors hopeful of reaping future profits from today’s low base, providing a buffer for the local bourse as foreign investors dump risky assets. The rise of the retail investor has been marked by a […]
Read MoreTourism needs to adopt lessons learned from the outbreak to enhance safety and health competitiveness as the industry’s priorities shift from volume to value, says the Tourism Authority of Thailand. TAT governor Yuthasak Supasorn said effective risk management will be the key to overcoming challenges next year if the world is hit by a second […]
Read MoreFresh from recent rounds of multimillion-dollar cash donations from large foreign donors, Cambodia’s demining sector has been reiterating its target of a “mine-free” Cambodia by 2025. However, as development organisations and foreign embassies echo the renewed date to both local and international media – only one year into a five-year funding programme – the sector […]
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Thailand
