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Malaysia: Jobless rate declines in September

PETALING JAYA: The country’s jobless rate fell marginally to 4.6% in September 2020, although the number of unemployed persons remains elevated with over 700,000 individuals hunting for jobs. According to the chief statistician Datuk Seri Mohd Uzir Mahidin, the domestic labour force continues to see a recovery amid the challenges to contain the spread of […]

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Survey: 86% of Thais ready to buy on 11.11

Up to 86% of Thais are planning to shop online on Nov 11, a popular day for deals on various e-commerce platforms, according to a survey by Marketbuzzz. However, only 37% will actually go to brick-and-mortar stores for the event. The survey of 500 people also revealed the median amount shoppers plan to spend is […]

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Indonesia: SOEs to receive Rp 40t injection in 2021, support economic recovery

Indonesia will provide Rp 42.38 trillion (US$2.95 billion) in state capital injections (PMN) for state-owned enterprises (SOEs) in 2021 to boost their role in supporting the country’s economic recovery. Finance Ministry state assets director general Isa Rachmatarwata the PMN for SOEs was expected to spur economic recovery, adding that the government would oversee the disbursement […]

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Malaysia’s September industrial output up one per cent

KUALA LUMPUR (XINHUA) – Malaysia’s Industrial Production Index (IPI) increased one per cent in September 2020 compared to the same month of the previous year, driven by the manufacturing index, official data showed yesterday. The Malaysian Statistics Department said in a statement that the growth was underpinned by the manufacturing index which grew 4.3 per […]

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