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Malaysia: Improvement seen in labour market

PETALING JAYA: The labour market is expected to further improve, underpinned by the robust recovery in the domestic economy. Hong Leong Investment Bank (HLIB) Research, in a report, said the labour market would be fuelled by new job-related initiatives to be implemented under the retabled Budget 2023. The research house, however, said the pace of […]

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Thailand: Local banks eager to step up regional expansion

Local banks have continued to gear up for regional business expansion, aiming to create higher income from the growth potential of the Asean economy in the post-pandemic period. Last week Kasikornbank (KBank) announced the complete acquisition of additional shares of PT Bank Maspion Indonesia Tbk with an investment value of copy86.5 million or roughly 6.53 billion […]

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Thailand: Inflation, attrition push up salaries

The median salary increase for Thailand in 2023 will be 5.1% compared with this year, according to a survey of more than 700 companies in the six largest Southeast Asian economies by Aon Plc, a global professional services firm. The figure for Thailand compares with an expected median increase of 7.9% in Vietnam, 6.8% in Indonesia, […]

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