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Thailand: Talent shortage threatens growth

Already a major issue, skilled talent shortages will continue to impede growth, and if not addressed could have a significant impact on major Asia-Pacific economies by 2030, according to a study by the global organisational consulting firm Korn Ferry.  “Companies must work to mitigate this potential talent crisis now to protect their future,” said Michael Distefano, […]

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Malaysia: MAHB signs MoU with UiTM for Airport 4.0

MALAYSIA Airports Holdings Bhd (MAHB) has signed a three-year memorandum of understanding (MoU) with Universiti Teknologi Mara (UiTM) to help facilitate its digitalisation Airport 4.0 programme. MAHB MD Datuk Mohd Badlisham Ghazali said the company aims to improve its capacity as well as employees’ skills with this venture. “We need to increase our employees’ digital […]

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Vietnam’s logistics M&A lures foreign investment

The Hanoitimes – Foreign investors have participated strongly in Vietnam’s logistics industry through merger and acquisition (M&A) deals as the industry is projected to account for 8-10 percent of the nation’ GDP by 2025. Besides having a strategic position and a large domestic market, Vietnam’s logistics market is also considered as potential as the country has […]

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Indonesia’s quarterly economic growth slows

JAKARTA: Indonesia’s economic growth pace in January-March fell slightly from the previous quarter, reflecting still-weak consumption and indicating the government may struggle to meet its 2018 growth target. The rupiah currency slipped to its weakest level since January 2016, at mid-afternoon trading at 13,980 to the dollar. The tepid growth rate could put the central […]

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MAS and key government agencies collaborate to strengthen the AI ecosystem in Singapore’s financial sector

MAS is collaborating with the EDB, IMDA and IBF to accelerate the adoption of AI in Singapore’s financial sector through: (1) developing AI products, (2) matching users and solution providers, and (3) strengthening AI capabilities. According to the latest press release, the Monetary Authority of Singapore (MAS) is collaborating with the Economic Development Board (EDB), Infocomm Media Development Authority […]

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Malaysia vote battle heats up with focus on jobs for young

Young Malaysians are being left behind in the nation’s economic recovery, a key challenge for an incoming leader needing to push the country out of its middle-income trap. Amid a heated election battle, caretaker Prime Minister Datuk Seri Mohd Najib Razak can boast of having one of Asia’s lowest unemployment rates at 3.3% and an economy […]

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