Thailand
Vietnam Consumer Trends & Growth Opportunities & 2019 Predictions – Infocus Mekong Research
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Vietnam remains fastest-growing economy in Southeast Asia in 2019: ADB
The Hanoitimes – Sustaining growth was owing to strong inflows of foreign direct investment, up by 27% in the first five months of 2019 from a year earlier. The Asian Development Bank (ADB) maintained its forecast for Vietnam’s GDP growth at 6.8% in 2019 and 6.7% for 2020, making the country the fastest-growing economy in […]
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Thailand: Sectors face downside of higher daily wage
Securities brokers expect the new government to raise the minimum daily wage to Bt400 from Bt325, shortly after formation of the new Cabinet. Although the higher wage will boost domestic consumption, it would also lead to a spike in the production costs of some industries. Natthachart Mekmasin, assistant MD at Trinity Securities Co Ltd, said […]
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Myanmar investment inflows double from China as deals surge
YANGON — Foreign investment shows signs of recovering in Myanmar, one of Southeast Asia’s frontier markets, led by more than twofold gains in inflows from China and Singapore. Approved foreign investments rose 79% on the year for the six months ended in June, reaching $2.35 billion, according to Myanmar’s Directorate of Investment and Company Administration. Mainland Chinese and Hong […]
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A border economic zone will be soon built in Myanmar-China border
An economic zone will soon be built in Kanpaiktee at the Myanmar – China border, according to Ministry of Commerce. At the zone there will be truck parking, warehouses, and modern equipment to check installed. The President Office has ordered the central and working committee concerning building of Myanmar-China border economic cooperation zone to perform […]
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Malaysia: Labour dept warns employers against salary cuts without prior approval
KUANTAN: The government has warned employers against making salary deductions without informing their employees or without prior approval from the Labour Department of Peninsular Malaysia (JTKSM). JTKSM’s labour standards division director Mohd Asri Abd Wahab said the department had received complaints of misappropriation of employees’ salaries without clear consent or reason. “Employers should honour the […]
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