Employers and employees are going to be allowed to reduce their contributions to the Social Security Fund (SSF) between June to August to help those struggling financially because of the pandemic. Labour Minister Suchart Chomklin said on Tuesday the cabinet approved his ministry’s proposal to cut SSF contributions from employers and employees under Section 33 of […]
Read MoreMANILA, Philippines — Alarm bells were rang over a yawning budget deficit that is only set to widen this year, but the economic impact of additional spending springing from it appears to be nearly nil that puts into question whether government is spending on the right priorities. If there’s any consolation, economic officials led by […]
Read MoreAdvertisements will return to YouTube videos produced in Cambodia soon and the Kingdom will be added to YouTube’s partner programme, according to an announcement by the Ministry of Post and Telecommunications. The notice said that YouTube had temporarily suspended ads on the platform in about 90 countries to carry out a review on its partner […]
Read MorePETALING JAYA: Despite the adverse effects of the coronavirus pandemic on the economy, Malaysia’s banking system remains strong on the back of robust liquidity and deposit-driven funding. In its latest sector update, Moody’s Investors Service rated the domestic banking system’s macro profile as “strong -”, higher than several other countries in South-East Asia. The banking […]
Read MoreSince entering Vietnam last October, Thailand’s leading beverages chain Café Amazon has opened an outlet each in Ben Tre, Tien Giang and Tra Vinh provinces and HCM City, and has plans to expand across the country. It has said Vietnam is one of its 10 important markets and it plans to spend a large amount […]
Read MoreMANILA, Philippines — Local stocks reversed course yesterday, wiping out gains made in the past two sessions, as worries about inflation continue to dog the stock market. The benchmark Philippine Stock Exchange index (PSEi) gave up 38.84 points or 0.61 percent to close at 6,244.74, while the broader All Shares index lost 14.02 points or […]
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