THE SHOPPING tax allowance to be announced next week by the government will satisfy the middle class, but will do little to boost the overall economy, a prominent economist said Wednesday. Anusorn Tamajai, dean of Rangsit University’s Economics Faculty, said the year-end shopping scheme is just a marketing strategy to please middle-class consumers. “It is […]
Read MoreThe World Bank yesterday advised Cambodian policymakers to allow more time for the country to become an upper-middle income economy, asking the government to aim for 2035, instead of 2030, to graduate from the current income status. The recommendation to postpone the target by five years follows a WB revision of the country’s future economic […]
Read MoreThe Hanoitimes – The participation of foreign investors has helped domestic insurers enhance their insurance capacity through training, legal framework and operation of products. The participation of foreign investors in Vietnam’s insurance sector will boost the market while enriching domestic insurers with experience and governance. South Korea’s Hyundai Marine & Fire Insurance Co. Ltd. (HMFI) is […]
Read MoreKUALA LUMPUR: Malaysia will sign new and improved Memoranda of Understanding (MoUs) for labour supply with Bangladesh, Indonesia and Vietnam. Human Resources Minister M. Kulasegaran said Malaysia had already signed the first phase of a similar MoU with Nepal on Oct 29 to address human trafficking issues and exploitation of migrant workers. He said under […]
Read MoreWith the goal to protect consumers from the risks of digital gold transaction, the Indonesian supervisory body for futures commodity trade (Bappebti) is preparing a set of regulations that is due to be finalised by the end of the year. The scope of the regulations will include digital gold trade, particularly transactions that are being […]
Read MoreA GREATER share of younger and older Singapore residents were employed this year, and the average full-time worker enjoyed faster income growth, with the labour market improving as economic growth picked up. The unemployment rates for resident workers, both professionals, managers, executives and technicians (PMETs), as well as for non-PMETs, also dipped slightly as of June this year, compared […]
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Thailand
