MANILA, Philippines — A limited lifting of the bank secrecy law would increase the Philippines’ chances of getting an early exit from the gray list of Paris-based Financial Action Task Force (FATF), according to the Bangko Sentral ng Pilipinas. BSP senior assistant governor and general counsel Elmore Capule told the Senate committee on banks, financial […]
Read MorePublicly-listed Phnom Penh Autonomous Port (PPAP) reported $20 in revenue for the first semester of 2022, up 35 per cent over the same period last year. The growth in exports of garment products and agricultural products to the international market pushed the port’s revenue growth, said Hei Bavy, Chairman and CEO of the port. “Phnom […]
Read MoreAs Thai workers feel the pinch of soaring living expenses, the government has announced plans to raise the daily minimum wage by October to help alleviate the burden. However, some analysts argue the key to raising the quality of the Thai workforce lies in productivity. Q: What are the details of Thailand’s minimum wage increase? The […]
Read MoreKUALA LUMPUR: The heavy emphasis on environmental, social and governance (ESG) standing of countries implies that corruption levels have a high correlation to a country’s inflation and exchange rates today, say analysts. This is more pertinent and obvious especially for a trading nation such as Malaysia. Exchange rates are influenced by financial flows, which are […]
Read MoreThe top internet activity for Thais was receiving healthcare consulting and services, while Gen Y spent the most time — 8 hours and 55 minutes a day — on the internet compared with other generations, according to the latest survey by the Electronic Transactions Development Agency (ETDA). The Thailand Internet User Behavior survey of 2022 also […]
Read MoreRising labour, transportation, logistics and electricity costs could potentially undermine the competitive advantage of Cambodia’s textile-linked industries, according to research conducted by a prominent local economist. In “Cambodia’s current minimum wage and competitiveness”, Royal Academy of Cambodia economics researcher Ky Sereyvath explores the future sustainability of the competitive opportunities in the domestic garment sector as […]
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Thailand
