THAILAND has discussed with Japanese MPs and business people the possibility of a forum for the exchange of political ideas, Deputy Prime Minister Somkid Jatusripitak said yesterday. The proposal coincides with several Japanese firms stating their interest in investing in Thailand, especially in the Eastern Economic Corridor (EEC), Somkid said after the discussions at Government […]
Read MoreAsia will see the world’s highest real-wage growth in 2018, although increases will be slower than in 2016, the Hay Group division of Korn Ferry forecast on Thursday. In Asia, salaries are forecast to increase by 5.4 per cent – down from 6.1 per cent last year. Inflation-adjusted real-wage increases are expected to be 2.8 […]
Read MoreRIDE-hailing and e-commerce have galvanised South-East Asia’s Internet economy, which will reach US$50bil this year and potentially exceed US$200bil by 2025. A report by Google and Temasek also found that all four sectors of this economy have experienced “solid growth” this year. The stars were e-commerce and ride-hailing, with a compound annual growth rate of […]
Read MoreA new Free Trade Agreement (FTA) between Hong Kong and the Association of Southeast Asian Nations (ASEAN) and a related Investment Agreement are set to create fresh opportunities for business collaboration between Hong Kong and Myanmar. “These two agreements will provide a more competitive platform for companies throughout the ASEAN region to do business in […]
Read MoreTEMPO.CO, Jakarta – Countries across energy-rich Central Asia are a long way from readjusting to lower oil prices and will need to carry out large-scale reforms to regain competitiveness, a senior World Bank economist told Reuters in an interview. Failure to do so could undermine ruling elites and create serious political risks, said Hans Timmer, chief economist for the Europe and […]
Read MoreThe Asian Development Bank (ADB) forecasts that economic expansion in developing Asia will accelerate to 6 per cent in 2017 as stronger-than-expected exports and domestic consumption fuel growth. Excluding Asia’s newly industrialised economies, growth is now expected at 6.5 perr cent this year, according to a new ADB report. In a supplement to its Asian […]
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