MANILA, Philippines (Update 2, 8:42 p.m.) — The regional wage board in the National Capital Region has approved a P40 increase in the minimum wage, bringing it to P610 a day for non-agriculture workers, the Department of Labor and Employment. The increase granted is less than half of the P150 across-the-board daily minimum wage hike inching forward in […]
Read MoreThe Tourism Authority of Thailand (TAT) is eyeing Asian expatriates, including Chinese nationals residing in Laos and Cambodia, due to their increasing wealth and demand for sending their children to study in Thailand. Oranooch Pakapan-Rutten, TAT’s marketing representative in Cambodia and Laos, said Japanese, Korean and Chinese investors residing in Cambodia and Laos frequently cross the border […]
Read MoreMore and more consignments of lychees, a tropical specialty fruit of Vietnam, are departing for choosy markets. On June 20, a consignment of fresh lychees from the 2023 crop from Bac Giang province landed in Houston in the US. Soon after the arrival, the lychees hit the shelves of large supermarkets, including brands Hong Kong, […]
Read MoreVIETNAM on Thursday (Jun 29) reported faster economic growth in the second quarter, driven by the services sector, despite a slump in exports. Gross domestic product (GDP) in the second quarter grew 4.14 per cent from a year earlier, faster than the 3.28 per cent expansion seen in the first quarter, the General Statistics Office […]
Read MoreJakarta (ANTARA) – Indonesia’s marine economy has a lot of room to grow and the country could become a high-income country in the next few years, Coordinating Minister for Maritime Affairs and Investment Luhut B. Pandjaitan has said. According to Pandjaitan, in 2045, the contribution of the marine sector to the national economy would rise by […]
Read MoreROLLING power cuts and the Myanmar junta’s restrictions on businesses and foreign exchange are hampering the country’s economy, the World Bank said on Tuesday (Jun 27). The South-east Asian nation has been in turmoil since the military ousted democratically elected civilian leader Aung San Suu Kyi from office in a 2021 coup. Fighting between the […]
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