Marcos meets TikTok CEO, taps platform to help Filipino traders
The president and the Singaporean TikTok official agreed on training local sellers and promoting their products through the platform, according to Presidential Communications…
Policy Matters
International Labour Organisation calls for transparency in fixing Bangladesh garment wages
Demonstrations and instances of violence over wage levels in the sector give rise to concerns, it said. In a statement recently, it called for calm and restraint to avoid any…
$100 million ready-made garment work orders in Bangladesh postponed for unrest
Certainly, an entrepreneur, who invests by availing bank loans and assuming real-time liabilities to run factories, would not certainly want to destabilise its workers or the…
Dhaka Stock Exchange needs more power to combat manipulation: Managing director
The DSE cannot go to investigate a factory without prior approval from the Bangladesh Securities and Exchange Commission. While they are seeking such approval, the situation often…
Progressive wage model a win for employees and bosses, says Sivakumar
The Human Resources Minister added that if employers choose to opt for the progressive wage scheme and pay their employees according to the government’s prescribed rates, they…
Bangladesh publishes gazette on new garment wages
The Minimum Wage Board, an authority under the Ministry of Labour and Employment, also asked people to submit objections, if any, within 14 days of the gazette's publication for…
Global minimum corporate tax to take effect in Korea next year
The global minimum tax is a system that prevents multinational corporations from paying less taxes by setting up subsidiaries in countries with low corporate tax rates.
China’s foreign trade showing signs of stabilisation: Experts
The country's foreign trade performance will continue to improve as the global market embraces a consumption boom buoyed by the festival season, officials and analysts said.
South Korea’s stock market soars as short selling ban takes effect
The measure was aimed at preventing illegal short selling practices by large institutional investors and protecting retail investors, but it also raises concerns of erosion of…
China expected to make fresh moves on local debt problems
Due to the rapid growth of local government debt in China over the past few decades, and the impact of the COVID-19 pandemic over the past three years, local governments currently…