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Vietnam: Lack of high-quality staff comes at a cost

Eighty per cent of the 4.7 million employees at FDI enterprises in Vietnam have no training certificates, and around 60 per cent of FDI enterprises have said it is difficult to find high-quality human resources. Limitations in labor quality lead to other consequences, not only lost investment opportunities but also widening the gap between local […]

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Thailand: Excise tax on salty foods proposed

The government is inching towards the introduction of an excise tax on salty, processed foods, says Finance Minister Arkhom Termpittayapaisith. While declining to specify the date of tax enforcement and tax rates, he said Thais consume more than 3,600 milligrammes of sodium per person daily, higher than the World Health Organization’s recommendation of no more […]

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People fill the petrol into his car in a petrol station in Kuala Lumpur. AZHAR MAHFOF/The Star
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Malaysia registers 2.9% inflation in October

KUALA LUMPUR: Malaysia’s inflation rate in October, as measured by the Consumer Price Index (CPI), rose 2.9% from a year ago due to an increase in transport costs as well as prices in other segments including housing, water, electricity, gas and other fuels. For the period of January to October, the country’s CPI grew 2.3% […]

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