THE STRAITS TIMES – Bolstered by the commodities boom, Indonesia’s economy appears set for a rapid growth rebound in 2022 as a significant decline in COVID-19 cases and deaths prompts easing of social restrictions and the reopening of borders. The country remains the world’s largest exporter of thermal coal and crude palm oil, and the […]
Read MoreSINGAPORE, Jan 17 (Reuters) – Singapore’s December non-oil domestic exports (NODX) rose 18.4% from a year earlier, official data showed on Monday, mainly due to stronger non-electronics exports, while electronics also grew. The rise followed a decade record surge of 24.2% in November. Economists had expected a 13.8% increase, according to the median of 9 estimates. On […]
Read MoreData released recently by the General Statistics Office shows that in 2021 the average monthly income of workers in Vietnam was 5.7 million VND, down 32,000 VND compared to 2020. The complicated Covid-19 pandemic seriously hit the employment situation in 2021. According to the General Statistics Office’s data released on January 6, the labor force […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) sees credit growth accelerating further, sustaining the uptick for four straight months as the economy continues to reopen. BSP Governor Benjamin Diokno said bank lending appears to have bottomed out when it contracted for eight straight months between December 2020 and July 2021. “We are slowly […]
Read MoreSentiment among housing developers in Greater Bangkok picked up in the fourth quarter last year after a 10-quarter low, helped by relaxed loan-to-value (LTV) limits and the country’s reopening. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the index of housing developers in the fourth quarter of 2021 improved to 52.0 […]
Read MoreHaving endured the pandemic for the last two years, Thailand’s workforce gradually changed over that period as many unemployed people started to run their own business or work as freelancers. More than a few companies are now lamenting they cannot find staff in time for a recovery. Migrant workers who were laid off moved back […]
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