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ECONOMIC DIFFICULTIES forced two more firms to shut down and announce layoffs yesterday, with the effects of the downturn spreading to more areas beyond industrial enclaves in Metro Manila and Luzon as well as to other sectors.
Continue reading about Headline: Job losses mounting (BusinessWorld Online)
Manila – His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam have been conferred the Order of Lakandula with the Rank of Grand Collar (Supremo), the highest recognition given to an individual by the Republic of the Philippines.
Continue reading about Highest Philippine Award For HM (BruDirect.com)
RIYADH: Thailand has stepped up efforts to restore normal relations with Saudi Arabia, which were strained following the murder of three Saudi diplomats and a high-profile jewelry theft case involving a Thai worker in the 1980s.
Continue reading about New Thai govt seeks to normalize ties (Arab News)
Two men suspected of murdering a former British music teacher in Thailand were arrested today, sources said. David Crisp was found dead – reportedly with his throat cut – at his home in Chiang Mai, l…
Fueled by rising tourism, the property market on the Indonesian island of Bali has been on a roll in recent years, especially at the high end. And while the worldwide economic crisis has stalled some of that growth, the cash nature of this Southeast Asian market is offering some protection from the sharp price downturns [...]
Continue reading about Bali's cash property market keeps prices up (International Herald Tribune)