The government is looking to reform five issues in the current Labor Law that some say have deterred investment into the country through an omnibus bill on job creation. Manpower Minister Ida Fauziyah said the bill was still being discussed at the Coordinating Economic Ministry and that the discussions were expected to conclude next week […]
Read MoreMANILA, Philippines — Consumer prices for the country’s poorest households rose at a faster pace in November 2019, with prices accelerating more in areas outside Metro Manila, the Philippine Statistics Authority (PSA) reported yesterday. The growth in the Consumer Price Index (CPI) for the bottom 30 percent income households accelerated to 1.7 percent in November […]
Read MoreDeputy Prime Minister Somkid Jatusripitak has given a deadline to the Eastern Economic Corridor (EEC) Office to speed up contract signings with private companies for the three remaining megaprojects by March. “Schedules to begin construction have been delayed and government plans for these projects are very important for EEC development,” he said. The flagship EEC […]
Read MoreWith Vietnam’s economic relationship with Cambodia being significantly stronger than its other Asean partners, Vietnamese ambassador Vu Quang Minh said the two countries’ trade volume will reach $5.2 billion annually. “The figure exceeds the $5 billion target set by the prime ministers of the two countries earlier,” he said. Total trade volume for 2018 reached […]
Read More[HANOI] Vietnam’s electricity firm EVN has signed five new deals to buy electricity from Laos starting from next year, the state-run company said. The south-east Asian nation faces severe power shortages from 2021, as demand outpaces construction of new plants, with demand expected to exceed supply by 6.6 billion kilowatt hours (kWh) in 2021, and […]
Read MoreA TOTAL of 21 digital bank applications were received by the Monetary Authority of Singapore (MAS), the regulator said on Tuesday. This comprises 14 applications for the digital wholesale bank licences, and seven applications for the digital full bank licences. MAS said the new digital bank licences have attracted strong interest from a diverse group of […]
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Thailand
