Increasing productivity must be considered an important basis for calculating wage increases for workers, not just based on the CPI. Hanoi-based Thai Binh Duong Co., Ltd, which runs a factory in Dong Van Industrial Park I in Ha Nam province, said that previously, it employed 80 workers to manufacture 200 sets of telecom and fiber […]
Read MoreThe retail prices of regular-grade petrol and diesel were respectively hiked by about 5.7 per cent and 3.6 per cent on May 11, according to a notice issued by the Ministry of Commerce. For the May 11-20 period, the retail selling prices of fuel in the Kingdom have been set at 5,550 riel or $1.37 […]
Read MoreAfter a full two years of idling rooms, dwindling guest numbers and shrinking services, hotels across Asia are turning on the fairy lights once again. But returning guests gratefully collapsing at the altar of five-star devotion would do well to examine the miracles of 2022 with a healthily jaundiced eye. As with the nouvelle cuisine […]
Read MoreMANILA, Philippines — Yields for medium-term government bonds have gone above market pricing two days after the elections, with investors wary that inflation will haunt even the next administration. The Bureau of the Treasury yesterday borrowed just P25.1 billion of the offered P35 billion in reissued 10-year Treasury bonds (T-bonds), with a remaining life of […]
Read MoreThe baht opened at 34.68 to the US dollar on Thursday, dropping from Wednesday’s close of 34.61. The currency is expected to move in a range between 34.60 and 34.80 on Thursday, said Krungthai Bank market strategist Poon Panichpibool. Poon said the baht could fluctuate and weaken to test the key resistance level of 34.75 […]
Read MoreKUALA LUMPUR: Malaysia’s central bank unexpectedly raised its benchmark interest rate from a historical low on Wednesday, as rising commodity prices, strained supply chains and strong demand conditions fanned inflationary pressures. Bank Negara Malaysia (BNM) raised its overnight policy rate to 2% from the record low of 1.75%. A Reuters poll of 18 economists had […]
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Thailand
