Thailand’s Ministry of Commerce last week announced a ban on field corn imports coming through Ban Khao Din, in the border with Cambodia. The ban comes into effect on Saturday. The move was announced after a ministry meeting last week, according to Thai media reports. Ban Khao Din is an international border gate in Thailand’s […]
Read MoreNew export markets have been found rice and pulses produced in Myanmar, said U Aung Htoo, Deputy Minister of Commerce. “We are now exporting rice to the Philippines, Mozambique and China and mung beans to China and Vietnam,” he told Parliament on Monday. The ministry has encouraged farmers to harvest from high-quality seeds to meet […]
Read MoreAs the US-China trade war continues to brew, construction activity in Asia is at risk of becoming collateral damage, economists at Oxford Economics say. They noted, however, that the impact on the sector across countries will vary widely with some areas receiving a boost, as manufacturing activity is diverted from China. In Vietnam and Indonesia, […]
Read MoreEven as the US-China trade war intensifies, analysts at Fitch Solutions Macro Research said that the rare earth mining, textiles manufacturing and information and communications technology (ICT) manufacturing sectors of the Vietnamese economy will benefit from the changes brought on by the US-China trade war, namely the supply chain shift out of China. Rare earth […]
Read MoreSome of Myanmar’s business leaders are urging those of their compatriots who have been slow in repaying their loans to do so in order to avoid a financial crisis. There has been speculation that banks would be suing businesses that have not been repaying their loans on a regular basis or have defaulted to pay […]
Read MoreThe minimum wage was introduced to Thailand in the mid 1970’s as a way to protect against basic labour being taken advantage of and provide a guaranteed minimum wage for all workers. However, it was never applied to “all workers”. The International Labour Organisation (ILO) said that this was the “minimum sum payable to a […]
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