MANILA, Philippines — The Philippines likely recorded a stronger growth in exports and imports in July amid the continued reopening of global trade during the pandemic, according to Standard Chartered Bank. Jonathan Koh, economist for Asia and the Philippines at Standard Chartered Bank, said the Philippines’ trade deficit likely narrowed for the second straight month […]
Read MoreCambodia Business Council in Thailand (CBC) and Thai Business Council in Cambodia (TBCC) entered into an official partnership to promote trade and investment between the two neighbouring Southeast Asian nations. This comes just over three months since Cambodia on May 20 launched the CBC in Bangkok to serve as a one-stop centre for business trade […]
Read MoreThailand’s headline consumer price index (CPI) unexpectedly dropped for the first time in five months, down 0.02% in August from a year earlier, due mainly to government subsidies, the commerce ministry said on Monday. The reading compared with a forecast for a rise of 0.34% in a Reuters poll and followed July’s 0.45% increase. The CPI was […]
Read MoreMANILA, Philippines — The rate of increase in consumer prices was likely unchanged in August as oil and food prices managed to ease further last month, an international think tank said. In its weekly brief, London-based Capital Economics said it expects inflation in August to remain at four percent, the same rate in July when […]
Read MoreThe Covid-19 pandemic caused turbulence in Vietnam’s labor market in 2020. For the first time in 10 years, Vietnam’s economy witnessed a serious decline in the number of participants in the labor market and the number of employed people. The average income of workers also fell. The indicators of unemployment and underemployment both increased sharply […]
Read MoreSINGAPORE’S unemployment rates rose in July after having trended downward for the past eight months, which may have been due to tightened Covid-19 curbs in preceding months, latest Ministry of Manpower (MOM) figures showed on Monday. “Nonetheless, the rates in July remained lower than in May 2021,” noted the MOM in its release. Overall unemployment […]
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