Country’s previous growth trajectory was not sustainable, writes Kanni Wignaraja, U.N. assistant secretary general and director of the U.N. Development Program’s Asia and the Pacific bureau. Ricarda Rieger is UNDP’s resident representative in Laos. This past June, Vientiane almost came to a standstill. Fuel shortages stunted traffic and long lines formed at gas stations around the […]
Read MoreINDONESIA will review minimum wage and other labour rules, the president’s office said on Tuesday, after trade unions staged nation-wide protests against a recent hike in petrol prices that they say has come even as incomes stagnate. President Joko Widodo raised subsidised fuel prices in South-east Asia’s largest economy by 30 per cent earlier this […]
Read MoreIn June, the country’s total trade was valued at BND3,244.1 million, an increase by 62.5 per cent from BND1,995.9 million during the same month last year. Meanwhile, for month-to-month changes, total trade for June increased by 14 per cent compared to May. Total exports increased by 61.1 per cent to BND1,775.1 million in June 2022 […]
Read MoreKUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) is expected to remain favourable for the year (5%), underpinned by sustained improvements in domestic spending and steady external demand, although that is expected to gradually moderate going forward. Public Investment Bank Bhd said electrical and electronics (E&E), as well as the exports of other manufactured goods, will […]
Read MoreHALF, or 205 out of 510 companies surveyed, are planning to increase headcount come the fourth quarter of this year despite economic and geopolitical headwinds, according to a survey by staffing firm ManpowerGroup published on Tuesday (Sept 13). While hiring sentiments have dipped by 4 percentage points from the last quarter, such sentiments showed an […]
Read MoreTwo Cambodian-owned firms have leased two locations of land of Phnom Penh Autonomous Port (PPAP) after Hui Bang International Investment Group Co Ltd on Thursday last week terminated leasing land of about 50 percent of the total land area of 40,000 square metres of the port, according to an official of PPAP. One of the […]
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Thailand
