TOKYO: Asia’s largest retailer is hoping that a US$280,000 annual salary and a managerial title in three years will lure top talent as it grapples with one of the tightest labour markets in Japanese history. The salary being considered by Uniqlo owner Fast Retailing Co would be more than three times the average pay at […]
Read MoreVietnam is reaping the lion’s share of benefits from the US-China trade war as manufacturers transfer their supply chains to avoid US tariffs, according to one analyst. “Thailand has gone up a bit in terms of percentage increase in US imports because of the US-China trade war, but little compared to Vietnam,” said Aditya Srinath, […]
Read MoreWITHOUT a stronger focus on tackling non-tariff barriers, Asean will not accomplish the objectives of the Asean Economic Community (AEC) and will fail to meet the targets in the AEC Blueprint 2025, warns a June 22 report. Jointly commissioned by the European Union-Asean Business Council (EU-ABC) and the Asean Business Advisory Council (Asean BAC), the […]
Read MoreThe Food and Drug Administration (FDA) defended its draft regulations on the licencing and advertising of marijuana-based medications, saying that the regulations “were not designed to benefit large, foreign pharmaceutical companies”. The FDA issued the statement in response to a remark made by former senator, Rosana Tositrakul, through which she asked whether the ministerial regulations […]
Read MoreMANILA, Philippines — The national government’s spending for debt payments almost doubled in April as both amortization and interest payments increased during the month, according to the Bureau of the Treasury. According to the latest cash operations report of the BTr, the national government settled P53.84 billion of its debt last April, 93.35 percent higher […]
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Thailand
