MANILA, Philippines — A spike in inflation would typically prompt Filipino workers to call for a wage hike. But not this year. Some labor groups are holding back from asking for an increase in daily minimum wage last adjusted nearly 3 years ago over fears doing so would only exacerbate business shutdowns, leaving them jobless and […]
Read MoreThe Hanoitimes – SCGP joins hands with partners to expand packaging businesses to cope with growing demands in Vietnam. SCG Packaging (SCGP), a Thai group, announced to acquire 70% stake in Duy Tan Plastics Manufacturing Corporation (Duy Tan), a producer of rigid plastic packaging in Vietnam, as part of its plan to invest more US$334 million […]
Read MoreMANILA, Philippines — At least 26 new mining projects will start development this year even as several stumbling blocks have yet to be resolved. Mines and Geosciences Bureau (MGB) director Wilfredo Moncano told The Star 26 new mining projects have complied with the documentary requirements, allowing them to proceed with development. “These are MPSAs (mineral […]
Read MoreThe Hanoitimes – Such extension in delay of taxes and land rental fees payment is essential for the business community to continue its economic recovery process and ensure the realization of the 6.5% economic growth target in 2021. The Ministry of Finance (MoF) has proposed the Government to extend the deadline for taxes and land rental […]
Read MoreThe Tourism Authority of Thailand (TAT) wants to establish Thailand as the first country to welcome cryptocurrency holders by targeting Japanese tourists in the initial phase. Though the agency downgraded its target for foreign tourist arrivals this year, it sees tourism during the post-pandemic era as emphasising quality and creativity, leading to its plan to […]
Read MoreThe government is drafting a 2021-2035 policy framework for Cambodia’s evolving digital socioeconomic environment that optimally facilitates economic growth, according to a press release. The framework focuses on five major priorities – developing digital infrastructure, fostering digital trust and confidence, creating digital citizens, building the digital government and promoting digital businesses. Minister of Economy and […]
Read More
Thailand
