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No easy bounce-back for Thai, regional rubber producers

Thailand and the world’s other top rubber producers are starting to emerge from their worst quarter in over a decade, but the path to recovery looks fragile. Though consumption from rubber glove makers is continuing to rise, demand from carmakers, traditionally the biggest customer base, is still down. Meanwhile, China reopening its economy has added […]

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Vietnam: Supporting policies for domestic firms equally important as FDI attraction incentives

The Hanoitimes – In contrast to a wide range of investment incentives for multinationals, investment procedures for local enterprises, especially small and medium ones, remain complicated. While Vietnam is stepping up efforts to attract fresh foreign direct investment (FDI) in the post-Covid-19 period, efficient and strong supporting policies for domestic firms are equally important to boost […]

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Singapore: Many low-wage workers continue to work and get paid: Manpower Minister Josephine Teo

SINGAPORE – Many lower-paid workers continue to be employed during the circuit breaker period as they are engaged in essential services, said Manpower Minister Josephine Teo. Her remarks came in response to questions about how low-wage staff members were coping given total employment fell by the sharpest margin ever in the first quarter compared with the last […]

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Philippines: Lockdowns temper bank lending in April

MANILA, Philippines — Lower loan take-up from both consumer and businesses eased bank lending growth in April, as the impact of one of the world’s longest and toughest coronavirus lockdowns became more pronounced during the month. Data from the Bangko Sentral ng Pilipinas released Monday showed outstanding loans by big banks — net of reverse […]

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