The 10 Asean economies have moved closer to removing import taxes and business barriers to market penetration and competitiveness in terms of scale, say business representatives.
The EU is calling on the Thai government to speed up opening free trade negotiations with it, saying otherwise the country could lag behind its neighbours about to gain more benefits from the grouping’s new trade policy.
The Central Wage Committee has postponed a decision on a proposed hike to the minimum wage pending another study to arrive atan ”appropriate” figure.
Prime Minister Abhisit Vejjajiva said on Friday he has proposed the use of China’s yuan currency instead of the US dollar as the standard in Asia to the Asian Development Bank (ADB).