PETALING JAYA: Malaysia needs to relook at its retirement age policy, considering that the country is becoming an ageing society, said World Bank Group representative to Malaysia and country manager Firas Raad. In a statement, he said Malaysia’s demographics had shifted to an era of low fertility and low mortality from a situation of high […]
Read MoreReal salary increases provided by multinational companies in Thailand are expected to be among the best in the world in 2021 despite the weak outlook for the economy, according to a survey by ECA International. The survey suggests that local employees of multinational companies in Thailand can expect to see an average real salary increase […]
Read MoreThe online ASEAN Customs Transit System was launched Monday to accelerate trade in goods by road within Southeast Asia. Following trials in Cambodia, Laos, Malaysia, Singapore, Thailand, and Viet Nam, the system has now been formally launched. Being developed with the support of the European Union, ACTS is simplifying the movement of goods across the […]
Read MoreGOING digital in today’s economy is at the forefront of societal change as communities emerge from a debilitating pandemic and face economic restoration challenges in the new normal. These unique and unprecedented times have unleashed structural transformation without parallel in living memory. Many will have no choice but to adapt to a new paradigm shift. […]
Read MoreTourism has yet to recover from the pandemic-induced slump, with foreign tourist arrivals and hotel occupancy rate remaining below normal levels, Statistics Indonesia (BPS) data have shown. Foreign tourist arrivals picked up slightly to 158,200 in October, an increase of 4.57 percent month-to-month (mtm) from September, according to BPS. However, it was still down 88.25 percent […]
Read MoreThe Hanoitimes – Vietnamese exporters might find it easy to meet the required rules of origin for their products as a significant portion of its production input is sourced from China and South Korea. One of the most important benefits from the Regional Comprehensive Economic Partnership (RCEP) for Vietnam over existing free trade agreements (FTAs) is […]
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