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Philippines: PEZA investments down 27% in 2021

MANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) dropped more than a fourth last year and fell below target as the pandemic continued to affect investor sentiment. PEZA data showed total investments for 204 projects approved by the agency reached P69.30 billion last year, down 27 percent from P95.03 billion in […]

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Malaysia: Minimum wage a tricky issue

PETALING JAYA: The debate on minimum wages has heated up again amidst rising prices of goods and the emergence of businesses from the recession. On one end, the Malaysian Trades Union Congress has urged the government to accelerate the implementation of the minimum wage at RM1,500 to help workers cope with their rising household expenditures. […]

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Philippines slips to 8th spot in macro risk ranking

MANILA, Philippines — The Philippines fell to eighth place in macro risk assessment ranking last year, from second spot in 2020, as the cover for foreign obligations and fiscal position declined due to the pandemic, according to DBS Bank Ltd. of Singapore. In its latest emerging markets risk heatmap, DBS said the Philippines and Thailand […]

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Cambodia: Workshop to help e-commerce held

Digital marketing experts and Cambodian businesses convened in a workshop on leveraging e-commerce platforms, in the first of a series of events held by a digital coalition set up to help businesses rebound after the devastating effects of the Covid-19 pandemic on enterprise. The event, part of the “Stronger with Digital” Coalition, was held virtually […]

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