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Thailand Pass stays, but in ‘faster form’

The government has said it has not cancelled the Thailand Pass registration requirement for foreign travellers yet but it will be made more conve­nient and quicker to obtain. Dr Sumanee Wacharasint, assistant spokeswoman for the Centre for Covid-19 Situation Administration (CCSA), said the requirement will be retained but the procedure will be streamlined for smoother […]

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Laos: Govt agrees in principle to raise minimum wage

The government has agreed in principle to increase the minimum wage in a bid to ease the hardships suffered by many people amid the rising cost of living. The agreement was reached at the government’s monthly meeting held in Vientiane on April 26-27, chaired by Prime Minister Phankham Viphavanh and attended by cabinet members. However, […]

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Vietnam faces challenges to realize growth target

Vietnam needs to pay special attention to the risk of imported inflation as the current low inflation in the country is partly due to low consumer demand. As Vietnam is forecast to face some risks affecting economic growth in 2022, economic experts gave relevant policy recommendations about inflation pressure as well as support packages for local businesses in […]

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More hot money exits Philippines March

MANILA, Philippines — More speculative funds left the Philippines in March, ending two straight months of net inflow following the interest rate liftoff by the US Federal Reserve and the impact of Russia’s invasion of Ukraine, resulting in a net outflow for foreign portfolio investments in the first quarter of the year. Data released by […]

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Cambodia: Kingdom lures Japanese investment

The Minister of Commerce has sought more Japanese investments in the Kingdom as Cambodia and Japan are keen to work on negotiations to possibly establish a bilateral free trade agreement. Pen Sorasak, Minister of Commerce asked the Japan-Cambodia Association to promote the potential of Cambodia to Japanese investors and businessmen to Cambodia. The calls were […]

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Thailand: Household debt reaches 14-year high

Thai households are saddled with the highest level of debt in 14 years and prospects remain worrisome as the Thai economy has not yet recovered while the prices of goods keep rising, weakening consumer purchasing power. The latest survey by the University of the Thai Chamber of Commerce (UTCC) interviewed 1,260 respondents whose income is […]

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