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Singapore’s Employment Grew by Record-High 227,800 in 2022

Singapore’s employment excluding migrant domestic workers grew by a record-high 227,800 in 2022, bringing total employment to 2.9% above its pre-pandemic 2019 level, the Ministry of Manpower said Wednesday. Resident employment continued its steady growth last year, increasing by 26,300, according to data from the ministry. This increase was mostly in outward-oriented sectors, such as […]

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vn02
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High cost of construction materials puts pressure on Vietnam’s construction industry

According to contractors and investors in Hà Nội, while the price of cement has stabilised, other essential building materials such as steel and construction sand continue to increase in price. HÀ NỘI — Despite expectations that the demand for iron and steel will rise due to the government’s efforts to reduce supply by disbursing public investment, removing […]

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malay01
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Malaysia: Personal spending to ease

PETALING JAYA: Personal spending in Malaysia is expected to moderate this year amid the rising cost of living. Pressure on private consumption is also seen coming from higher interest rates and the waning impact of the special Employees Provident Fund (EPF) withdrawal scheme. Given the challenges, TA Research has projected a slower growth of 7.2% […]

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