Experts have warned that workers say they will only return to HCM City after Tet, leaving a labor shortage at many businesses. “My workers all have left for their hometowns,” said Nguyen Hoang, the owner of a restaurant on Bui Vien Street, pointing to tables and chairs covered with dust after a long period of […]
Read MoreThe government has signed a planning consultancy contract with a Chinese company to turn Preah Sihanouk province into a model, multi-purpose special economic zone (SEZ). The agreement was inked by Phan Phalla, secretary of state and representative of the Ministry of Economy and Finance (MEF), and Sima Xiao, president and representative of the Urban Planning […]
Read MoreMANILA, Philippines — The Philippines has the highest percentage of domestic e-commerce sellers in Southeast Asia, showing big room for growth for cross-border e-commerce, according to a survey of Amazon. Amazon Global Selling’s survey showed the percentage of domestic e-commerce sellers in the Philippines was at 70 percent, the highest compared to other Southeast Asian […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Some 57.3 per cent of Singapore businesses surveyed saw their costs rise this year, nearly double the 28.8 per cent who did so last year. Of those who reported higher costs, about three-quarters said that their costs were up by 25 per cent. The survey also flagged rising business costs as […]
Read MoreSome 138,099 domestic tourists were recorded in the third weekend of October, from Oct. 15 to 17, Minister of Tourism Thong Khon pointed out this morning. The figure represents a decrease by 43.46 percent compared to the previous weekend after Pchum Ben holiday, but if compared with the weekend before Pchum Ben break, it saw […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has reminded banks and financial institutions to deal only with online gaming businesses registered by authorized government agencies. BSP Deputy Governor Chuchi Fonacier said BSP-supervised financial institutions (BSFIs) should strictly observe the requirements on customer due diligence, ongoing monitoring, and reporting of suspicious transactions. The BSP […]
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Thailand
