Asia will see the world’s highest real-wage growth in 2018, although increases will be slower than in 2016, the Hay Group division of Korn Ferry forecast on Thursday. In Asia, salaries are forecast to increase by 5.4 per cent – down from 6.1 per cent last year. Inflation-adjusted real-wage increases are expected to be 2.8 […]
Read MoreONLINE shopping will continue to expand at a higher rate next year while real estate and SMEs would not fare well due to oversupply and fierce competition, according to the Kasikorn Research Centre. The overall economy is expected to slightly improve, expanding by 4 per cent from 3.9 per cent this year, Chao Kengchon, managing […]
Read MoreA local winery fights to repair the reputation of Pyin Oo Lwin’s damson wine. A short drive along the main road from his family-owned winery in Pyin Oo Lwin, Nay Kon Htin recounts the horror of seeing his wine stocked in road-side shops, baking in the sunlight. “You can see at the shops when you pass […]
Read MoreBank of Thailand governor Veerathai Santiprabhob raised the warning flag on cryptocurrencies, saying they are not legal tender, although regulation is not needed as only a handful of people use them. Some people believe digital currencies are legal tender, but no central bank in the world accepts them, he said. Central banks in the US […]
Read MoreTHE Competition Commission of Singapore has called for greater transparency in the retail petrol market to allow motorists to make more informed purchases. To foster a more competitive retail petrol market, the CCS said motorists should be able to make better comparison of the various petrol pricing schemes. The call for greater transparency came after […]
Read MoreThe Hanoitimes – Vietnam has been ranked at No 4 in term of value of both import and export in ASEAN region, just behind Singapore, Thailand and Malaysia, according to the World Trade Organization (WTO). According to the WTO, in 2006, Vietnam’s total export and import turnover ranked 50th and 44th in the world. In 2016, […]
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