SINGAPORE, Aug 27 — In view of how the Covid-19 pandemic has weakened the job market, the Ministry of Manpower (MOM) is raising the minimum qualifying salary for an Employment Pass (EP) by S$600 (RM 1,832.59) to S$4,500 in a bid to encourage companies to hire more locals. In a statement on Thursday (Aug 27), MOM […]
Read MoreNot deterred by the pandemic-induced market volatility, the number of retail investors in Indonesia’s stock market continues to rise with new investors hopeful of reaping future profits from today’s low base, providing a buffer for the local bourse as foreign investors dump risky assets. The rise of the retail investor has been marked by a […]
Read MoreTourism needs to adopt lessons learned from the outbreak to enhance safety and health competitiveness as the industry’s priorities shift from volume to value, says the Tourism Authority of Thailand. TAT governor Yuthasak Supasorn said effective risk management will be the key to overcoming challenges next year if the world is hit by a second […]
Read MoreFresh from recent rounds of multimillion-dollar cash donations from large foreign donors, Cambodia’s demining sector has been reiterating its target of a “mine-free” Cambodia by 2025. However, as development organisations and foreign embassies echo the renewed date to both local and international media – only one year into a five-year funding programme – the sector […]
Read MoreLong-term foreign residents and foreigners with permanent residences in Thailand stranded overseas will receive priority when seeking to return to Thailand, under strict disease control measures, the head of a panel under the Centre for Covid-19 Situation Administration (CCSA) said. Deputy army chief Natthapon Nakpanich, chairman of the CCSA’s panel on the easing of Covid-19 […]
Read MoreThe baht opened at Bt31.25 to the US dollar this morning (August 27), strengthening from yesterday’s close of Bt31.36. The Thai currency is expected to move between Bt31.10 and Bt31.30, said Jitipol Puksamatanan, head of Markets Strategy at SCB Securities. The US capital market hit another new high on Wednesday night (Thailand time). The S&P […]
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