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Singapore’s total employment grew in Q1 for first time since start of Covid-19, retrenchments fell for 2nd straight quarter

SINGAPORE – The labour market has continued its recovery from the impact of the Covid-19 pandemic in the first three months of the year, latest manpower estimates showed on Wednesday (April 28). Total employment grew for the first time since the start of the pandemic in the first quarter of the year, led mostly by the services […]

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Philippines: Expensive meat, higher power bills seen keeping inflation beyond target in April

MANILA, Philippines — Consumer price growth likely stayed beyond government expectations in April driven by more expensive meat products, particularly pork, and higher power costs. Inflation likely settled between 4.2%-5.0% this month, economists at the Bangko Sentral ng Pilipinas said on Friday. If the upper-end of the forecast range is realized, that would exceed the […]

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Thailand: Baht registers gains as dollar weakens

The baht opened at 31.18 to the US dollar on Friday, strengthening from its close of 31.21 on Thursday. The Thai currency is likely to move between 31.30 and 31.25 during the day, Krungthai Bank market strategist Poon Panichpibool said. He explained that the baht had strengthened due to the weakening of the dollar. Meanwhile, […]

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