MANILA, Philippines — The Philippines has the second worst pension system in Southeast Asia, a global survey showed. According to Mercer’s Global Pension Index 2021, the Philippines ranks among one of the worst countries in terms of giving out retirement incomes, together with Japan, Mexico, South Korea, Turkey, India, Argentina and Thailand. On a scale […]
Read MoreThe baht opened at 33.35 to the US dollar on Thursday, unchanged from Wednesday’s closing rate. The Thai currency is likely to move between 33.25 and 33.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon predicted that the baht would drift sideways. A factor that will cause the baht to strengthen is […]
Read MoreCambodian government has encouraged U.S. companies to join biding on infrastructure projects and build quality physical infrastructure in Cambodia. The encouragement was made by Sun Chanthol, Senior Minister and Minister of Public Works and Transport in a virtual meeting with Mr. Ted Osius, President and CEO of the U.S.-ASEAN Business Council (U.S.-ABC), accompanied by representatives […]
Read MoreThe Government is expected to soon issue an overall economic recovery plan, which serves as the basis for localities to carry out their own push for economic development. Vietnam’s GDP growth in 2021 is estimated at around 3-3.5% in 2021, which would translate into a GDP per capita of US$3,660-3,680. Prime Minister Pham Minh Chinh […]
Read MoreThe Kingdom of Cambodia and the Republic of Korea will sign a draft free trade agreement (FTA) next week, as the two countries witness their bilateral trade amount on the rise. The draft pact is scheduled to be signed on Tuesday online by Cambodian Minister of Commerce Pan Sorasak and Korean Minister of Trade Yoo […]
Read MoreWith the Nov 1 reopening looming, Bangkok is preparing protocols for testing tourists outside the airport, at hotels or ‘swab hubs’ to avoid congestion on arrival. Thapanee Kiatphaibool, Tourism Authority of Thailand (TAT) deputy governor for domestic marketing, said swab tests for travellers will be conducted outside the airport to disperse the flow of tourists […]
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