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Thailand: Action urged on export ban

Thailand is joining 53 member countries to propose the World Trade Organization (WTO) address export bans on food and agricultural products after members who are net food importers raised concerns about food shortages based on the pandemic and the Russia-Ukraine war. According to Trade Negotiations Department director-general Auramon Supthaweethum, many countries have imposed restrictions on […]

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Southeast Asia turning into top place for fintech

MANILA, Philippines — Mobile wallet GCash said Southeast Asia is becoming a top place for financial technology (fintech), attracting numerous entrepreneurs seeking to fill in the gaps left behind by traditional financial institutions. “There’s a thriving startup scene in Indonesia and Vietnam. And in a span of half a year, the Philippines gave birth to […]

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Minimum wage revisions to protect low-paid workers in Vietnam: ILO

The new regional minimum wages, which have been agreed by members of the National Wage Council, will be effective on July 1, 2022. Revisions of regional minimum wages aim to protect low-paid workers, in addition to reducing poverty and inequity, increasing demand, and contributing to economic stability, according to the International Labor Organization (ILO) Country […]

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