MANILA, Philippines — An engineers’ group on Tuesday called on companies to give higher compensation to engineers and scientists, especially for entry-level workers, to help them keep up with the rising cost of living in the country and to retain top talent. Pro-People Engineers and Leaders (PROPEL), an organization composed of engineers and those promoting the […]
Read MoreThe efforts taken by the National Bank of Cambodia (NBC) to standardize the banking QR codes across the country through the implementation of the KHQR code have been welcomed by the financial sector with many banks already joining the system officially launched earlier in July this year. All financial institutions that are members of the […]
Read MoreThe Ministry of Transport has submitted a plan to increase international freight transport by rail by 2030, with a target of shipping between 4 and 5 million tonnes. The volume of goods imported and exported by rail stood at 1.1 million tonnes in 2021. The plan submitted to the Prime Minister was completed based on […]
Read MoreThai exports in October shrank for the first time in 20 months, as the tight monetary policy to curb inflation among major trading partners affected purchasing power and economic activity. The global manufacturing sector continued to slow down as reflected in the global Purchasing Manager’s index (PMI) which was below 50. This was especially true in […]
Read MoreTHE Bank of Thailand (BOT) will raise interest rates by a modest quarter-point on Wednesday (Nov 30) for a third straight meeting amid fragile tourism-reliant growth and signs inflation has started to ease, a Reuters poll of economists found. The widely-expected move, which would take the benchmark rate to only 1.25 per cent, constitutes one […]
Read MoreMANILA, Philippines — The economy will likely grow by over seven percent this year, and be comparatively strong next year even as there are external and domestic challenges, the National Economic and Development Authority (NEDA) said. “After a likely over seven percent growth in 2022, yes, we may slow down, given still elevated external headwinds […]
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