The country’s foreign debt stock grew $1 billion in the third quarter of this year to $76.6 billion from a year earlier, but the annual rate of growth slowed from the first two quarters of 2016. The year-on-year increase in the third quarter was traced to foreign exchange revaluation and non-resident investment in Philippine debt […]
Read MoreMalaysia’s ringgit touched the lowest level since the Asian financial crisis as investors continue to sell down emerging-market assets and after a crackdown on currency speculators last month exacerbated outflows. The ringgit declined as much as 0.1 per cent to 4.4805 per dollar, a level unseen since January 1998, according to prices from local banks […]
Read MoreOne of the most difficult situations an employee faces is the possibility of being laid off from work, especially during his productive years, due to circumstances that are beyond his control. Unlike retirement, which some people look forward to and prepare for, separation can be a source of anxiety as employees face the prospect of […]
Read MoreLao authorities expect to begin a new round of verifying nationality and legalising the status of thousands of Lao workers in Thailand in the coming months, Minister of Labour and Social Welfare said last week. Dr Khampheng Saysompheng told local media during his attendance to the meeting between the cabinet, Vientiane Mayor and provincial governors […]
Read MoreIn Southeast Asia M&A market, 2016 looks on track for a comparable finish in value, with Q1–Q3 2016 already seeing US$43.8bn from 281 deals, where Thailand overtook Singapore to become the top target jurisdiction for intraregional deals in Southeast Asia, recording US$9.9bn worth of deals from Q1–Q3 2016. With falling demand, Southeast Asian companies which […]
Read MoreSingapore exporters have endured a slow year amid lacklustre global growth, but trade data out yesterday seemed to offer cause for hesitant optimism. Non-oil domestic exports posted an unexpected 11.5 per cent rise in November over the same month last year, overturning economists’ expectations of a 2.7 per cent contraction. Still, economists warned that it […]
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Thailand
