Pre-Trading Thoughts

Imports of everything but food and fuel have slowed in the past two weeks, importers and bankers are quoted as saying. The CBE in October said it would gradually phase out import restrictions. The House of Representatives’ Manpower Committee will hold hearings on the new draft Labor Act, which extends both maternity leave and notice periods, caps working hours, and changes minimum raise increments, among other things. Ministry of Electricity officials are studying postponing some planned proj...