JAKARTA: Indonesia’s economic growth slowed in the third quarter, losing momentum from the previous three months and pointing to tougher conditions for the Southeast Asian economy, which has struggled with capital outflows and weaker exports and household spending. Gross domestic product (GDP) expanded 5.17 percent in the July-September quarter from a year earlier, the statistics […]
Read MoreThe Energy Ministry is considering using a surplus of crude palm oil this year to replace fossil fuels for power generation at two state-run plants in Chachoengsao and Ratchaburi. The tentative plan is to be implemented at Bang Pakong power plant, owned by the Electricity Generating Authority of Thailand (Egat), and Ratchaburi power plant, owned by Ratchaburi […]
Read MoreThailand has dropped 11 spots in the proficiency rankings for non-native English speaking countries. The kingdom is now ranked 64th among the 88 listed countries and territories in the EF English Proficiency Index 2018. This year’s ranking, conducted by Switzerland- based Education First, a language school operator with branches worldwide, is based on test data from […]
Read MoreManpower Minister Hanif Dhakiri has described the adjusted minimum wage for 2019, an 8.03 percent increase from the current figure, as a fair balance between the needs of employers, employees and prospective employees. The new minimum wage, he said, would below enough so that employers would not need to fire workers, but high enough to […]
Read MoreMANY governments are working on national policies on the digital economy. They correctly believe that the forces of computerisation, robotics and artificial intelligence are fast changing production and consumption systems. The old ways of doing things are being disrupted and if we don’t change with the times, we will be left behind. In Malaysia, there […]
Read MoreThe US-China tariff slugfest has for months triggered warnings that it could impact global economic growth, and recent data indicates the trade tension is indeed beginning to bite. Manufacturing gauges in several export-reliant Asian countries, as well as China, weakened in October as gloom deepens over the trade outlook. China’s official Purchasing Managers’ Index (PMI), […]
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