Thai workers risk losing their jobs with the rise of artificial intelligence (AI), big data and the Internet of Things in production and management processes, especially at large and mid-sized companies, says the state planning unit. Porametee Vimolsiri, secretary-general of the National Economic and Social Development Board (NESDB), said large firms have a tendency to […]
Read MoreHANOI (Vietnam News) — Vietnam always gives top priority to special solidarity with Laos, Prime Minister Nguyen Xuan Phuc told Lao Foreign Minister Saleumxay Kommasith during their meeting in Hanoi on Wednesday. Mr Saleumxay is in Vietnam for the annual consultation between the foreign ministries of the countries. Prime Minister Phuc said such consultations have […]
Read MoreSINGAPORE’S population will reach a critical juncture next year, as the number of people above 65 will equal those under 15 for the first time in history, UOB economist Francis Tan has said in a research note. But even as the greying demographic exacts its toll on government spending, economists have different takes on how […]
Read MoreMANILA, Philippines — The Philippines has strengthened its reach for cross-border privacy cooperation following the National Privacy Commission (NPC)’s confirmation as a Privacy Enforcement Authority (PEA) for the country. The country has joined the APEC Cross Border Privacy Enforcement Arrangement (CPEA), with NPC becoming the 11th PEA along with those from eight other APEC economies, […]
Read MorePresident U Htin Kyaw signed the Myanmar Companies Act at the Pyidaungsu Hluttaw Wednesday, approving the most anticipated piece of legislation in the country this year. Under the new Myanmar Companies Act, foreigners will be permitted to take up to a 35 percent stake in local companies. It also stipulates that businesses with foreign stakes […]
Read MoreBENGALURU: Most Asian currencies drifted on Thursday, with investors shying away from risk ahead of key central bank meetings next week and due to political uncertainty in the Middle East. Market players expect the mood to be cautious in the run up to next Thursday, when both the US Federal Reserve and the European Central […]
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