SINGAPORE – Landscape maintenance workers will see their minimum basic wages rise by 6.3 per cent a year on average, over six years, after proposals by a tripartite committee on the landscape industry wage ladder were accepted by the Government on Friday (Aug 20). The wage increases will take effect over six years from July 1, […]
Read MoreCambodia’s “well-strategised and rapidly-executed” Covid-19 vaccination programme are set to underpin economic growth that may top six per cent next year, eclipsing the preponderance of regional and global peers, according to a new report from consulting firm Mekong Strategic Partners Co Ltd (MSP). The rollout of jabs has firmly positioned the Kingdom among the global […]
Read MoreThailand is heading for a rare current account deficit this year with the country missing out on the billions of dollars earned from tourism, likely piling more pressure on the nation’s already battered currency. Southeast Asia’s second-largest economy may post a current account shortfall of $10.3 billion, or 2% of gross domestic product, the first […]
Read MoreTHE chatter on wealth taxes has been increasing in intensity over the past year. The reason propounded for an implementation is to promote an inclusive society by finding additional sources of government revenue to fund various altruistic schemes. The shift away from taxing income to that of wealth is perhaps a way, but not the […]
Read MoreMANILA, Philippines — Sales of imported vehicles shrank month-on-month in July, and the industry might be headed to a deeper fall as new lockdowns in August weigh on demand. What’s new Imported cars sold reached 4,862 units last month, narrower by 2% compared to June sales, data from Association of Vehicle Importers and Distributors Inc. (AVID) […]
Read MoreCambodia is getting ready to launch a 2021-2023 plan to lift the economy out of the Covid-19 rut and chart a course for sustainable and inclusive growth, according to Minister of Economy and Finance Aun Pornmoniroth. Centred on enhancing competitiveness and promoting economic diversification, the plan will be firmly grounded on maintaining a strong industrial […]
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