Showing 1 - 10 of 10
What reputation?
Postbag, Published on 24/03/2024
» Re: "RTP rift probe 'will find truth'", (BP, March 22).
Wayward hi-so on ropes, Tik's debt woes, Peck's house rules
News, Mae Moo, Published on 13/09/2020
» 'King Kong' wants his revenge
Cambodia issues new rules on contracts and compensation
Published on 07/07/2019
» In 2019, Cambodia’s Ministry of Labour and Vocational Training (MLVT) has been active in amending the Labour Law and revising long-standing practices. These amendments and revisions have brought much-welcome clarity to employers on requirements of the MLVT and interpretations of the Labour Law, and have further provided meaningful benefits to employees.
Cambodian Labour Law gets an overdue update: Employee seniority payment benefits enforced
Published on 04/03/2019
» Since its initial enactment in 1997, Cambodian Labour Law has remained largely untouched. However, with recent amendments introduced by the government in the past year, Cambodia's Labour Law is now witnessing the most significant changes in its 22-year history. Starting in mid-2018, a number of pro-employee initiatives were introduced in an attempt to bolster and improve Cambodian Labour Law and the benefits provided to the workforce. In brief, employers are now required to pay ongoing seniority payments to employees with open-ended employment contracts (referred to as "undetermined duration contracts"). In addition, those seniority payments must also be back-paid for time worked prior to 2019. These payments can be substantial--employees with fixed term contracts are entitled to five percent of the total wages earned during the duration of their contracts--and are accompanied by other major changes including a requirement to pay all employees twice a month, and the enactment of a pension scheme that is expected to be launched by the end of 2019.
Surviving after retirement
Asia focus, Published on 11/07/2016
» It was not too long ago that Asia was known for having one of the youngest populations in the world. But today many countries in the region are dealing with rapidly ageing societies, with huge economic and social implications.
US auto workers get first raise in a decade
AFP, Published on 19/09/2015
» DETROIT - US auto workers won their first raise in a decade in a deal with Fiat Chrysler's US subsidiary that will be used as a template for talks with General Motors and Ford, their union said.
Ex-MPs start to speak out
News, Published on 07/03/2015
» The country’s political landscape will change dramatically when the new constitution comes into force, with measures being designed to prevent a repeat of past political crises.
Smooth Operator
Asia focus, Published on 21/07/2014
» By being tagged a lower-cost operating centre, Southeast Asia has drawn an influx of multinational corporate investment as these firms have strong financials and negotiating power.
Getting the message out
News, Published on 28/02/2014
» The Election Commission (EC) is going on the offensive after being accused of dragging its feet in finishing the drawn-out election of Feb 2.
How to determine Related-Party loan rates
Business, PwC Thailand, Published on 19/03/2013
» Multinational companies generally fund their subsidiaries either through debt or equity. When debt funding is used, the subsidiaries pay interest back to the parents. Since the interest payments are generally tax-deductible, different interest rates charged between related parties will result in different effective tax rates faced by group of companies. This article aims to explore existing regulations and address what should be the appropriate interest rates charged between related parties.