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Thailand: Unemployment rate reaches 2.25% in Q3

Thailand’s labour market has been severely affected by the strict measures to control the spread of Covid-19, with the unemployment rate jumping to 2.25% in the third quarter from 1.89% in the previous three months, while household debt continued to grow. The government’s planning unit, the National Economic and Social Development Council (NESDC), reported yesterday […]

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Cambodia: Economy to grow 2.8 percent this year, AMRO says

Cambodia’s economy will recover from last year’s 3.1 percent contraction, according to the ASEAN+3 Macroeconomic Research Office (AMRO), after a successful vaccination campaign allowed factories to reopen and easing supply-chain bottlenecks helped increase exports. “Recovery from the pandemic is expected to gradually gain momentum in 2021, notwithstanding a recent spike in global infections,” AMRO said. […]

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