(KPL) Currently, almost 90 percent of new graduates are without jobs, with the labour market demand at only 10 percent of total graduates. Every year, about 1,000 students graduate from universities and colleges nationwide, but as the demand is only for only 10 percent of them, there is a shortage of jobs. About 80-90 percent […]
Read MoreBank of Ayudhya (BAY), Thailand’s fifth-largest lender by assets, is exploring business opportunities for its unsecured car and motorcycle loans in Cambodia. Thakorn Piyaphan, head of BAY’s unsecured loan and digital banking and innovation units, said the bank has been searching for credit card and personal loan opportunities. It is also studying digital banking options […]
Read MoreA draft bill on taxing e-commerce operators and social media networks will go before the cabinet this month, a step to ensure that the law will be enforced under the current government. The draft bill requires financial institutions, which now act as intermediaries for money transfer, to withhold tax at a rate of 5% for […]
Read MoreThe Ministry of Electricity and Energy (MOEE) is going to draft new laws on liquefied natural gas (LNG) in cooperation with the Myanmar Oil and Gas Services Society (MOGSS) and Hluttaw but details of the draft are not known, MOGSS vice-chair Daw Hnin Phyu Phyu Aung told The Myanmar Times. “If the role and procedures for […]
Read MoreMANILA, Philippines – BMI Research said the positive economic outlook and rising household income is likely to translate to a modest 5.4 percent growth in real consumer spending between 2017 and 2021. In its latest industry trend analysis titled “Modest growth in Philippine consumer spending,” the research arm of the Fitch Group said the projected […]
Read MoreJAKARTA — Motorcycle sales in Indonesia rose 15.2% in May from a year earlier, data from an industry association showed on Monday. These sales are also the highest growth rate since August 2014, according to Thomson Reuters data. Sales stood at 531,496 motorbikes in May, up from 461,506 sold in the year-ago period. It was […]
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