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Thailand: On the platforms

Work is no longer something that takes place only in brick-and-mortar stores, high-rise office buildings or factories, but also in virtual space, thanks to the rise of fast and always-on information technology. Digitisation has created new and diverse markets, with more and more workers involved in a new labour ecosystem that has the potential to […]

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Singapore business sentiment turns positive after a year in the Covid-19 doldrums

SINGAPORE – Singapore companies are looking at the second quarter with a hopeful anticipation they had not expressed in the past 12 months, a survey found. Local businesses are expecting improved sales volume, net profit, selling prices, new orders, inventory and employment levels in the April-June period, according to Singapore Commercial Credit Bureau’s (SCCB’s) quarterly […]

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Thailand: Routes to recovery

The Tourism and Sports Ministry announced a more relaxed mandatory quarantine scheme last week called “Area Quarantine”, which is scheduled to be ready on April 1. Under the plan, vaccinated tourists are required to quarantine for only seven days instead of two weeks within hotel areas. After one week, they can travel to any province. […]

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Indonesian draft law seeks to limit central bank autonomy

JAKARTA: Indonesia is pursuing another attempt at increasing government influence in the decision-making and operations of its central bank, as well as expanding its ability to fund public debt, according to a draft legislation to be discussed in parliament. A proposed omnibus financial sector reform bill would require Bank Indonesia to take into account the […]

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