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Cambodia: Journey to circular economy model is ‘well under way’

Momentum towards embracing the circular economy concept is gaining in the Kingdom. Circular economies promote the use of sustainable materials and clean, renewable energy such as solar and wind, improving efficiency for production, adopting sustainable consumption practices and practising the efficient recycling of materials as well as energy recovery. The government is currently preparing policy […]

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Thailand: Glum outlook for salary rise

Salary increases in Thailand dipped below 5% for the first time in 10 years to 3.7% in 2020, while salaries next year are expected to rise 5%, according to a survey by Mercer Thailand. The figures are based on the annual Thailand Total Remuneration Survey 2020 by Mercer Thailand, which surveyed 577 companies across multiple […]

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Thailand: Tax restructure projected for 2021

The Finance Ministry plans to implement tax restructuring next year in an effort to offset lower tax income and shift the economic structure because of the effect of the pandemic crisis. The ministry has been planning tax restructuring to improve the country’s taxation system and economic outlook, in line with changes in the economic landscape […]

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