PETALING JAYA: As more jobs were added in June with the headline unemployment rate dropping to the lowest level since Covid-19 hit, it seems that Malaysia’s labour market is heading towards a sustained recovery. The month of June saw the largest contraction rate ever recorded for unemployment, dropping by 18% year-on-year, according to MIDF Research. […]
Read MoreSINGAPORE: Travel takes the top spot in Singaporeans’ spending priorities for non-essential items, with most willing to fund their expenses through instalment payment options such as buy now, pay later (BNPL) schemes, shows a recent survey. BNPL services generally allow consumers to spread out their payments at zero interest, but charge late fees. They take […]
Read MoreThe baht opened at 35.36 to the US dollar on Wednesday, strengthening from Tuesday’s close of 35.45. The currency is expected to move between 35.25 and 35.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht was likely to fluctuate and swing in a wide range amid two important factors […]
Read MoreVietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”. In its bi-annual report, the lender said: “Vietnam needs a workforce with 21st century skills to grow. As the economy moves from being driven by […]
Read MoreMANILA, Philippines — The country’s trade gap widened to a record $5.84 billion in June, as imports continued to grow beyond exports, according to the Philippine Statistics Authority (PSA). Preliminary data from the PSA showed the balance of trade or difference between the country’s exports and imports reached $5.84 billion in June, 75.4 percent higher […]
Read MoreThai businesses have set their sights on expanding trade and investment in Cambodia, especially in processed food, agriculture, tourism, renewable energy, plastic, and gems and jewellery. Sanan Angubolkul, chairman of the Thai Chamber of Commerce (TCC), said Cambodia is seeing average economic growth of 7 – 8% per year as a result of the country […]
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Thailand
