MANILA, Philippines — Salary increases in 2022 are expected to be unchanged among Philippine companies and would be below regional average as local employers continue to grapple with pandemic disruptions, a new survey released Monday found. A poll by New-York based asset management firm Mercer found that pay hikes in local companies will likely stay at […]
Read MoreVietnam’s Consumer Price Index (CPI), which measures inflation, rose 1.84 percent year-on-year in the first 11 months, the lowest since 2016, according to the General Statistics Office. This is caused by the low CPI rise in the first quarter this year and the drop in commodity prices. But November’s CPI rose by 2.1 percent year-on-year […]
Read MoreThe baht opened at 33.65 to the US dollar on Tuesday, strengthening from Monday’s closing rate of 33.73. The Thai currency is likely to move between 33.55 and 33.75 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might weaken because foreign investors sold short term […]
Read MoreCambodia generated 98.460 billion riel ($24.21 million) in non-tax revenue from the mining sector in the first nine months of this year, up by 27.06 per cent year-on-year from 77.48924 billion, according to the Ministry of Mines and Energy. This is equivalent to 96.15 per cent of the 102.400 billion riel target set in the […]
Read MoreThe 4-per-cent expansion of gross domestic product (GDP) in 2022 is achievable even though Thailand and global communities are facing the threat of the variant of concern Omicron, Finance Minister Arkhom Termpittayapaisith said on Monday. He was speaking at the online seminar “Investment Minutes in Late 2021” hosted by the Thai News Agency. The minister […]
Read MoreThe outlook for banks in emerging markets (EMs) is stable over the next 12 to 18 months, according to Moody’s Investors Service, but lenders in Vietnam and Malaysia are likely to perform better than those in Thailand. The world’s biggest credit ratings company said lenders will be supported by the continued recovery in economic activity […]
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