Glaring gaps exist in skills development of the Cambodian workforce as the Fourth Industrial Revolution (IR 4.0) threatens to disrupt the garment and tourism sectors, according to a study conducted by the Asian Development Bank (ADB). ADB hosted a webinar on the comprehensive study yesterday and discussed its key findings with members of the government. […]
Read MoreKUALA LUMPUR, April 9 — The decrease in fresh graduate salaries in 2020 is “temporary” and caused by the Covid-19 pandemic that forced them to be underemployed, Human Resources Minister Datuk Seri M. Saravanan said today. Saravanan said the Human Resources Ministry (MOHR) is confident salary levels and jobs matching the skill levels of graduates […]
Read MoreVietnam raised voice after the rampant violations of many international fashion brands. Businesses working in Vietnam must comply with the native law, Spokesperson Le Thi Thu Hang of Vietnamese Ministry of Foreign Affairs has said following the posting of China-claimed nine-dash line on the websites of some international fashion brands, including H&M. “Vietnam requests that […]
Read MoreMANILA, Philippines — Ayala-led Bank of the Philippine Islands (BPI) still expects inflation to breach five percent in the coming months despite easing to 4.5 percent in March. Jun Neri, lead economist at BPI, said the possibility of inflation breaching the five percent level in the coming months is still significant despite the recent inflation […]
Read MoreThe International Monetary Fund (IMF) has forecast Cambodia’s GDP growth to accelerate from 4.2 percent this year to 6.0 percent in 2022, which would put the country among the fastest growing ASEAN economies next year. In its World Economic Outlook released in Washington Tuesday, the IMF also projected that Cambodia would have the region’s most […]
Read MoreConsumer spending is expected to decline by up to 50 billion baht a month as a result of the new outbreak of Covid-19 which also threatens to cause a further drop in the Consumer Confidence Index over the next three months, says the University of the Thai Chamber of Commerce (UTCC). The longer the government […]
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Thailand
