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Thailand: Jobless rate hits 1.2% due to drought

The unemployment rate in the first quarter rose to 1.2%, or about 400,000 people, up from 0.97% in the same period one year earlier and worsening from 1% in the previous quarter, according to the National Economic and Social Development Board (NESDB). The rise in the number of jobless was triggered by greater automation in […]

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Singapore sees more than 2% GDP growth

SINGAPORE (Reuters) – Singapore expects its economy to grow more than 2 percent this year on improving overseas demand after GDP contracted less than initially estimated in the first quarter, but it warned of risks to the outlook from tightening financial conditions in China.  The city state has been among a number of export-reliant Asian […]

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Cambodia – PM: Invest more in processing raw materials

Prime Minister Hun Sen called on investors to invest in the processing of raw materials to support the government’s 2015-2025 Industrial Development Policy (IDP). “The supply of high quality, reliable and reasonable priced raw materials or inputs is essential for Cambodia’s industrial production,” Mr. Hun Sen told the Meeting of Christians for the Harmonisation of […]

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Responsible businesses are key to Cambodia’s future

Companies that operate responsibly are more likely to be profitable and gain access to international investment and markets The concept of corporate social responsibility has been around since the 1960s, making “CSR” a familiar acronym, but the very practical meaning behind it has become more difficult to grasp as its definitions proliferate and create confusion about […]

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