Promising start to Malaysia’s new wage policy
Participants of the Progressive Wage Policy or PWP earn RM200 to RM250 more than current standards, according to the Economy Ministry.
Economic Affairs
Boosting spending appetites tops agenda in China’s recently concluded two sessions
Along with a consumer goods trade-in program, policymakers will increase fiscal spending on public services to alleviate financial burdens on households and empower them with…
Farmers in Japan, nurses in Germany: Government-backed agency upskills Indian workers for jobs abroad
Japan and some European nations are among several developed countries with ageing populations and labour shortages that are increasingly turning to India’s large young talent…
Singapore’s work permit changes to ease labour crunch, spur better jobs for locals: Industry players
Companies in services and manufacturing also welcomed an expansion to a list of occupations for which they can hire work permit holders from more locations, with more job roles…
Thailand’s tourism playbook: Big concerts, premium races and more
Thai officials are in talks to bring major acts like Lady Gaga to the country, while negotiations continue over the MotoGP contract.
Japan aspires to become Asia’s largest start-up hub, but goal remains elusive
The country aspires to be home to 100,000 start-ups, including 100 unicorns, by March 2028, with start-up investments growing tenfold from 2022 levels to 10 trillion yen (S$89.92…
Outdated gender roles keep South Korea’s wage gap stubbornly high: labor union survey
The figure is the largest among OECD nations at 31.2 percent, according to a new survey.
Malaysian government to import 640 tonnes of coconuts to peninsula over festive season
According to the Agriculture and Food Security Minister, a few factors behind the hike in prices of coconut-based products include, price increases of mature or 'hard' coconuts…
Indonesian government’s bid to hike coal export prices faces global market backlash
Banking on its large share of the thermal coal market, Indonesia wants its domestic benchmark to inform international pricing, but importers are reluctant to go along, causing…
South Korea urged to adopt bitcoin reserve, won-backed stablecoin amid Trump’s crypto push
Countries like Switzerland and Japan have already taken significant steps in this direction.