SINGAPORE will need 1.2 million additional digital workers by 2025 – a 55 per cent increase from today’s levels – to remain competitive, according to a new report commissioned by Amazon Web Services (AWS). This translates to 23.8 million digital skill trainings from 2020 to 2025, said the report, which noted that digitally skilled workers […]
Read MoreAccording to a study by London-based economic think tank, The New Economics Foundation (NEF), buying produce at a local farmers market or community supported agriculture programme, versus from a supermarket, leads to around double the money spent remaining in the community. “That means those purchases are twice as efficient in terms of keeping the local […]
Read MoreMANILA, Philippines — The ongoing shift to a cash-light from a cash-heavy economy could accelerate the recovery of the country from a pandemic-induced recession, according to the Bangko Sentral ng Pilipinas (BSP). In a virtual press briefing, BSP Governor Benjamin Diokno said an empirical study showed that moving to a cashless model would have an […]
Read MoreVery few apartments priced at below VND25 million per square meter in HCM City exist, according to Ministry of Construction (MOC). MOC, in its report about the real estate market in 2020, pointed out that apartment prices increased in the fourth quarter in 2020 and for the entire year of 2020. The prices of low-cost, […]
Read MoreThe government has cut off 45 low-priced Blue Flag stores from its financial relief schemes after they were found to breach the conditions. Supapat Ongsangkoon, deputy permanent commerce secretary, said on Wednesday following investigations by the Commerce Ministry the 45 shops were found to have taken advantage of the government-sponsored schemes by unfairly raising the prices […]
Read MoreKUALA LUMPUR: The second movement control order (MCO2.0) in key states with bustling economic activities will pose an impact on Malaysia’s economic growth this year, according to financial intelligence company Moody’s Analytics. Chief Asia-Pacific economist Dr Steve Cochrane said the MCO, which is currently being implemented in key economic areas, namely Selangor, Kuala Lumpur, Penang, […]
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Thailand
