INDONESIA’S gig economy, dominated by transport and delivery platforms Grab and Gojek, has fallen critically short in meeting the “social” aspect of the environmental, social and governance (ESG) benchmarks that global investors apply to find companies aligned with their values, prompting urgent calls for reforms. In the first fair work ratings study in Indonesia, the […]
Read MoreSpeculative investments are causing a waste of land resources and the growing number of vacant residential areas. Economist Le Xuan Nghia, a member of the National Financial and Monetary Policy Advisory Council, told The Hanoi Times of the prospects and challenges for the real estate market in 2022 and subsequent years. Inflation risks have always been a […]
Read MoreMANILA, Philippines — Monetary authorities see ample scope to keep a patient hand on their various policy levers as inflation eased further, supporting the narrative that the rise in consumer prices is on a downward trajectory. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said the rebasing of the consumer price index to 2018 from […]
Read MoreConsumers in Thailand with PayPal accounts will not be able to use the service after March 7, the online payment company has announced. As well, the accounts of freelancers, small-scale entrepreneurs and casual online sellers will have “limited functionality”, the company said. This has implications for thousands of people who have taken up online selling […]
Read MoreBank Negara Malaysia has reiterated that the Malaysian economy will expand from 5.5-6.5 per cent this year, underpinned by continued expansion in global demand and higher private sector expenditure, says governor Nor Shamsiah Mohd Yunus. In an email interview with Bernama, Nor Shamsiah said Malaysia was well-positioned to gain as global growth and trade bounce […]
Read MoreThe Commerce Ministry expects headline inflation in February to increase slightly after a larger than expected surge in January. Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said the February headline inflation rate is expected to move in line with the economy, especially in terms of retail gasoline prices, which have gained steadily […]
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