As 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 […]
Read MoreMANILA, Philippines — The share of Filipino adults with bank accounts soared to 56 percent in the first quarter from 29 percent in 2019, according to the 2021 Financial Inclusion Survey of the Bangko Sentral ng Pilipinas (BSP). The number of Filipino adults with bank accounts doubled to 42.9 million from 20.9 million, translating to […]
Read MoreThere are different definitions and interpretations of bitcoin and cryptocurrencies in Vietnam, even among experts and policymakers. Speaking to the National Assembly on June 8, Governor of the State Bank of Vietnam Nguyen Thi Hong said that electronic money and virtual money are issues of great public interest. These concepts need to be clarified. According […]
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