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What you can earn at a Southeast Asian start-up as competition from global tech giants heats up

Technical professionals in engineering, product management and data science roles can command some of Southeast Asia’s top start-up salaries, according to a new report exploring pay packets inside the region’s rising businesses. Workers in such roles can expect to earn up to 54% more than their counterparts in non-technical roles, as both local start-ups and incoming U.S. […]

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Rates markets turn up heat on Asia’s central banks

SINGAPORE: As Brazil, Russia and Turkey lift interest rates to ward off inflation and currency pressures, investors are beginning to prod Asia’s central banks to follow suit, setting up a potential showdown with countries keeping rates at record lows. South Korea and Indonesia, where central bankers have cut hard and downplayed the prospect of imminent […]

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World Bank: East Asia and Pacific to recover unevenly

The developing economies of East Asia and the Pacific (EAP) are facing a markedly uneven recovery, according to the World Bank’s latest economic update for the region called Uneven Recovery Drives Growing Inequality Across East Asia and the Pacific. Despite startuing to bounce back in the second half of 2020, only China and Vietnam have […]

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Logistics, transportation scrutinised at 40th ASEAN meeting

Although ASEAN member states have already ratified several transportation framework agreements to boost cross-border transport and transit between member nations, the region has yet to take full advantages of the implementation of those agreements. Four transportation agreements have been established and signed in ASEAN to facilitate cross-border transports and transit. They are framework agreements on […]

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Vietnam set to become second largest economy in Southeast Asia

Vietnam aims to become the second largest economy in Southeast Asia by 2030 thanks to its sound economic performance, Prime Minister Nguyen Xuan Phuc has said. Phuc unveiled the target while presenting the 2021-2030 national socio-economic development strategy and the 2021-2025 development plan at the national conference to popularize the recently-concluded National Party Congress’s resolution […]

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Thai bourse ‘the highest’ fundraiser for ASEAN firms

The Thai stock market has the highest fundraising value among ASEAN countries in the first quarter of this year, the Stock Exchange of Thailand (SET) said on March 26. Dr Soraphol Tulayasathien, head of corporate strategy division, said Thailand’s fundraising as of February this year was 46.1 billion baht ($1.48 billion), followed by Indonesia’s 5.96 […]

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