The International Monetary Fund has cut its forecast for Asia-Pacific economic growth this year to 6.5 percent from 7.6 percent in April. The downgrade is the biggest of any global region. The IMF said the Coronavirus pandemic took a turn for the worse in the spring, with the Delta variant causing new spikes in infections. […]
Read MoreKEY POINTS Malaysia could reopen its borders to international tourists in November, said Minister of Tourism, Arts and Culture Nancy Shukri. The minister said she’s meeting Singapore officials next week to discuss resuming cross-border travel, and Malaysia would be opening up to Singapore “very soon.” Malaysia’s tourism ministry has proposed to the government to allow […]
Read MoreSINGAPORE – The taskforce by the National Trades Union Congress (NTUC) and Singapore National Employers Federation (SNEF) released nine recommendations to better support professionals, managers and executives (PMEs). They are: 1. Enhance fair employment practices through Improving human resources standards Strengthening enforcement on errant companies that adopt unfair practices An online survey of 1,000 PMEs over 40 […]
Read MoreThe Cambodian Ministry of Economy and Finance and the Urban Planning and Design Institute of Shenzhen, China, have entered a consultancy contract to transform Preah Sihanouk province into a model multi-purpose special economic zone. The official contract signing took place virtually between Phan Phalla, Secretary of State at the Ministry of Economy and Finance, and […]
Read MoreThe State Audit Organization and the State Inspection Authority of Laos have uncovered massive losses of over LAK 1.5 trillion and USD 147,387 this year. The two inspection authorities recently announced they had discovered corruption-related losses totaling trillions of kip this year, by Socio-Economic Newspaper reports. Inspection authorities were able to recover approximately LAK 32 billion, […]
Read MoreVietnam and Singapore should further optimise free trade agreements (FTAs) in which both are members to strengthen bilateral business partnerships, according to the former’s minister of industry and trade Nguyen Hong Dien. He proposed this while interacting with Singapore’s second minister for trade and industry Tan See Leng in a recent online meeting. Vietnam and […]
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Thailand
