The new regional minimum wages, which have been agreed by members of the National Wage Council, will be effective on July 1, 2022. Revisions of regional minimum wages aim to protect low-paid workers, in addition to reducing poverty and inequity, increasing demand, and contributing to economic stability, according to the International Labor Organization (ILO) Country […]
Read MoreThe significance of investment governance for inclusive, sustainable development is often overlooked, including by stakeholders who work on natural resource governance and social and environmental issues. And yet, investment governance plays a major part in shaping the outcomes of their efforts. As part of the Advancing Land-based Investment Governance (ALIGN) initiative, the Columbia Center on […]
Read MoreMANILA, Philippines — Six Philippine banks have enabled coal projects by either underwriting or selling bonds meant to finance these developments, a move that goes against some of their commitments to stop coal funding, according to a new report. “Banks have not quit coal despite their coal divestment policies,” energy advocacy and bank watchdog group Withdraw from […]
Read MoreSINGAPORE (REUTERS, BLOOMBERG) – Singapore-listed Thai Beverage said on Thursday (May 5) that it would look to sell a 20 per cent stake in its regional beer business on the main board of the Singapore Exchange, more than a year after it postponed the plan for a second time due to pandemic-led uncertainty. The spin-off of BeerCo […]
Read MorePETALING JAYA: Malaysia is well positioned to weather the spike in inflation globally with the efforts by the government in terms of providing subsidies as well as having a ceiling price for some consumer goods. Sunway University professor of economics Yeah Kim Leng said the escalation of prices especially commodities is affecting countries around the […]
Read MoreWhile Cambodia has reopened the country, the government has built up herd immunity in communities leading to a smooth economy, but the Russia-Ukraine war has resulted in economic and trade consequences, which would affect the Cambodian economy, says GDCE director-general Kun Nhim Cambodia collected $819 million in customs taxes in the first four months of […]
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Thailand
