Cambodia’s national council on minimum wage on Monday began to discuss the annual increase of monthly minimum wage for the garment, footwear and travel goods industry for 2023, according to a statement from the council. The first of a series of meetings was participated by Labor and Vocational Training Minister Ith Samheng, representative of the […]
Read MoreTHE Philippine central bank will sustain its rate-hike cycle this quarter, following a surprise move in July, to quell broadening price pressures, according to Bloomberg survey of economists. The benchmark interest rate is expected to increase by another 75 basis points to 4 per cent by the end of September, a survey showed. Bangko Sentral […]
Read MoreThe government should allow manufacturers to increase the price of some consumer goods, the Thai Wholesale and Retail Trade Association said. The association’s president Somchai Pornrattanacharoen said on Monday that market mechanisms and tight competition only allow manufacturers to increase the price very slightly. However, he said, the manufacturing costs have been on the rise, […]
Read MoreJakarta (ANTARA) – The value of Indonesia’s exports rose 32.03 percent to US$25.57 billion in July this year from US$19.37 billion in July 2021, according to Statistics Indonesia (BPS). Exports in July declined 2.20 percent compared to the previous month, when they were recorded at US$26.15 billion, BPS’ distribution and service statistics deputy, Setianto, […]
Read MoreGeopolitical tensions have pressured Thailand’s economic expansion this year, according to Danucha Pichayanan, secretary-general of the Office of the National Economic and Social Development Council (NESDC). According to the office, the economy in 2022 is projected to expand in the range of 2.7-3.2%, compared with a range of 2.5-3.5% growth it predicted in May, mainly supported by […]
Read MoreApproaching the retail distribution system is an important way to expand exports to the European Union market, where Vietnamese goods still have significant room for growth provided by the EU – Viet Nam Free Trade Agreement (EVFTA). According to Nguyen Thao Hien, Deputy Director of the European – American Market Department under the Ministry of […]
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