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Philippines boosts global ranking in trade facilitation

MANILA, Philippines — The Philippines saw its trade facilitation score go up in this year’s United Nations (UN) Global Survey on Digital and Sustainable Trade Facilitation amid improvements in four out of five categories tracked by the report. This year’s report showed the Philippines got a trade facilitation score of 80.65 percent, up from 69.89 […]

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Report: Malaysia to cut interest rate in Dec

KUALA LUMPUR: Malaysia’s export momentum has outperformed in South-East Asia, according to the Institute of Chartered Accountants in England and Wales’ (ICAEW) latest Economic Update: South-East Asia report. The momentum it said, reflected a more modest deceleration in export growth and resilient domestic demand, comparing the growth of trade-dependent economies such as Singapore, Thailand and […]

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Only 1 in 2 Singaporeans feel fulfilled in life with finances seen as biggest obstacle: AXA survey

ONE in two Singaporeans do not feel fulfilled in life with finances cited as the biggest obstacle to achieving life goals, according to a survey commissioned by insurer AXA. For the inaugural AXA Better Life Index 2019, released on Tuesday, research firm Nielsen polled 1,008 Singaporeans aged 18-65 across four generations: Generation Z, millennials, Generation X, and Baby […]

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Cambodia sets minimum wage at USD190 for 2020

PHNOM PENH (The Phnom Penh Post/ANN) – Next year’s basic minimum wage has been increased by 4.4 per cent to USD190 a month from USD170 per month last year after the final round of negotiations ended in a vote last week, Cambodia’s Ministry of Labour and Vocational Training announced. A ministry press release said allowances, […]

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