Thai workers are feeling the pinch from months of higher living expenses, leading them to take to the streets on Labour Day to demand a 45% increase in the daily minimum wage. Some economists and business leaders have pushed back, claiming the burden from such a wage hike would result in higher product costs and […]
Read MoreThe cabinet on Tuesday approved a Commerce Ministry proposal to import up to 600,000 tonnes of maize with zero tariffs from May to July, aiming to ease a shortage of animal feed ingredients following the disruption caused by Russia’s invasion of Ukraine. Government spokesman Thanakorn Wangboonkongchana said the imports will be handled by the Public […]
Read MoreShares in palm oil companies listed on the Thai exchange continued to rise on Tuesday, amid an overall market dive, as Indonesia’s ban on palm oil exports sparked a spike in cooking oil prices. While the Stock Exchange of Thailand (SET) index fell by 11 points, down 0.68 per cent, during the morning session, the […]
Read MoreMany industries in Vietnam are in need of middle and senior personnel. The hiring demand in the fast-moving consumer goods (FMCG) industry is forecast to be extremely high in the second quarter and the next. This information was announced in the latest report on the demand for middle and senior personnel in Vietnam’s market, conducted […]
Read MoreCambodia’s economic growth is expected to end with a healthy growth rate by 2022, but below the growth projected early this year. The lowering of growth estimates is due to the Russia-Ukraine conflict and the uncertainty in China’s economic growth. The new Cambodia’s economic growth figure was unveiled in a meeting on Cambodia’s Economic Development […]
Read MoreMANILA, Philippines — The research unit of Australia and New Zealand Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver its first interest hike in June, reversing the aggressive 200-basis-point cumulative rate cuts in 2020. In a report, ANZ Research said the BSP is likely to raise interest rates by 25 basis points in […]
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