AS the global economy continues to recover, labour force is improving, albeit at a slower pace. Global unemployment in 2018 is projected around 5.5%, slightly better than 2017’s reading of 5.6% on the back of a better global GDP outlook, with an expected growth of around 3.6% in 2018 from 3.3% in 2017. Youth unemployment, […]
Read MoreAUTORITI Monetari Brunei Darussalam (AMBD) recently signed a Memorandum of Understanding (MoU) for the collection of credit information from companies under DST – Integrated Communications Sdn Bhd, DST Technical Services Sdn Bhd, Kristal Astro Sdn Bhd, and Kristal Media Sdn Bhd. Signing on behalf of AMBD was its Acting Deputy Managing Director (Regulatory and Supervision) Hajah […]
Read MoreLao P.D.R. has long been a high-potential destination for companies from Thailand–the second largest foreign investor in Laos behind China. In the past, companies sometimes faced issues over the uncertain legal framework for resolving labour disputes in Laos. Therefore, the Lao government recently issued the Decree on Labour Dispute Resolution No. 76/GOL (the “Decree”), which precisely […]
Read MoreThe Hanoitimes – The focus is on amending and removing a regulation on setting conditions for granting permits for the establishment and operation of joint stock commercial banks. The State Bank of Vietnam (SBV), the country’s central bank, has disclosed a draft circular simplifying administrative procedures and business conditions in the banking system at the government’s […]
Read MoreMANILA, Philippines — The local mining industry will continue to survive even if the government would succeed in imposing royalty on all mining operations, the Department of Environment and Natural Resources (DENR) said. Environment Undersecretary Jonas Leones said the department is supportive of the plan to slap royalty on mining contractors for all metallic and […]
Read Morehe Hanoitimes – Two major projects in the West will be put into operation namely Discovery Complex FLC Twin Tower this year, supplying a combined 40,700 square meters. The average asking rent of retail space in Hanoi in the second quarter this year slid by a marginal 2.0% quarter-on-quarter (qoq) and 0.3% year-on-year (yoy), mainly due […]
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Thailand
