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Asean urged to ease rules on workers

The World Bank is urging Asean member countries to ease labour restrictions so migrant workers can earn money overseas to boost welfare and deepen economic integration. Migration is growing at a faster rate in Asean than within any other region globally, according to one of the bank’s cartoon-filled reports released Monday entitled Migrating to Opportunity. Between 1995 […]

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Better management of migration can boost welfare, growth in Asean: World Bank

IMPROVING migration policies can enhance both the welfare of workers and benefit the countries which receive them, according to a report by the World Bank. Between 1995 and 2015, intra-regional migration in Asean has grown significantly, turning Malaysia, Singapore and Thailand into regional migration hubs with 6.5 million migrants, highlighted the report Migrating to Opportunity. […]

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Covering Asia

Many Asians who have never owned a private insurance policy or received benefits have negative attitudes toward health and life insurance. Many lower-income consumers see it as something they cannot afford, while others are deterred by stories of fraud. More superstitious types see buying insurance as increasing the risk of something bad happening to them. […]

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Who wants in on the EEC?

The much-awaited Eastern Economic Corridor (EEC) bill has already passed its first reading by the National Legislative Assembly (NLA) and is expected to be implemented by the end of the year. The expectation is that the project will attract immediate foreign direct investment. The reality, however, may be quite different as there are several emerging […]

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Poll: Asian currencies to stay steady

BENGALURU, India: Asian currencies, on an upswing since the start of the year, are unlikely to trade higher than they are now in a year, held back as the US Federal Reserve presses on with further interest rate rises, a Reuters poll found. Having made inroads thanks to growing doubts over US President Donald Trump’s […]

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