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Philippines: Record exports propel trade to 17-month high in March

MANILA, Philippines — Trade soared to its highest level in 17 months in March, buoyed by a record export performance and nascent import growth that nonetheless failed to convince economists external activity had finally turned a corner.  External trade grew 22.5% year-on-year to $15.78 billion in March, the largest since the $16.26 billion worth of shipments recorded […]

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Thai shippers upbeat about 6-7% growth

Thai shippers upgraded their export growth forecast to 6-7% this year from a 3-4% projection in December, helped by the global economic recovery, economic growth in major trading partners and healthy exports of industrial products such as automobiles, electrical appliances, equipment and parts, and oil-related products such as plastic pellets and chemicals. Chaichan Chareonsuk, newly […]

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Malaysia: Employment on the mend

KUALA LUMPUR: Malaysia’s labour force situation improved in March as the number of people employed increased in the services, manufacturing and construction sectors, the first time after 11 months. The Statistics Department said on Friday the number of people employed rose by 0.2% or 34,300 persons to 16.08 million from 16.05 million in February. There […]

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Philippines: Jobless rate down to 7.1% in March

MANILA, Philippines — The number of unemployed Filipinos last March declined to its lowest level since the start of the pandemic last year, the Philippine Statistics Authority (PSA) said. The latest labor situation report of the PSA showed that the unemployment rate eased to 7.1 percent in March, equivalent to 3.44 million unemployed Filipinos in […]

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