The average monthly wage increased by BND33, from BND1,593 in 2018 to BND1,626 in 2019, with locals earning on average BND551 more than foreigners. This was based on a report recently released by the Department of Economic Planning and Statistics (DEPS), under the Ministry of Finance and Economy. The report, the Labour Force Survey (LFS) […]
Read MoreSlower economic activity because of the enhanced community quarantine (ECQ) in Luzon pulled down actual collections by the Bureaus of Internal Revenue (BIR) and of Customs (BoC) for the month of March, the Department of Finance (DoF) said on Sunday. In a statement, the Finance department highlighted that both bureaus only hauled in a combined […]
Read MoreEstimating and comparing companies’ results in the first quarter since the Covid-19 outbreak is more a guessing game than a science. By any measure, though, the outlook for Thailand Inc is more bleak than for peers across Southeast Asia. Earnings predictions for companies in the MSCI Thailand Index have been slashed by 23% on average […]
Read MoreProperty watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. That’s because of COVID-19 has reared its ugly head, knocking the traditional real estate sector on its head. Fewer people are on the streets and […]
Read MoreKOTA KINABALU, April 20 ― Sabah is looking to export its vegetables to neighbouring Brunei to manage the glut under the movement control order (MCO). Chief Minister Datuk Seri Shafie Apdal said that there was an oversupply of vegetables and fish in the state which could be sent to Brunei. “Brunei has communicated with us […]
Read MoreWith Thailand in the midst of its worst drought in four decades, sugar production is falling significantly for this year’s crop cycle, pushing up the price of sugar globally and placing a severe strain on the domestic industry. Ekapat Wangsuwan, secretary-general of the Office of Cane and Sugar Board (OCSB) under the Industry Ministry, said […]
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