PETALING JAYA: The worst may be over for the Malaysian labour market, but experts say structural issues are still abundant. In fact, while more Malaysians are being hired, the national unemployment rate for 2022 was recorded at 3.6%, considerably above the 2019 pre-pandemic level of 3.3%. Economist Geoffrey Williams told StarBiz that the local labour […]
Read MoreCurrently, only 22 Vietnamese enterprises are licensed to export rice to China with a certain quota. As the world’s most populous country, China has to import about 5 million tons of rice a year to meet domestic consumption, with 90% of it ordinary rice. Vietnam is one of the three largest rice producing and exporting […]
Read MoreJakarta. Indonesia extended the positive run of international trade to 33 straight months with another surplus of $3.87 billion in January, the Central Statistics Agency of BPS reported on Wednesday. The country’s exports stood at $22.31 billion in January, down 6.36 percent from the previous month but increasing by 16.37 percent on a year-on-year basis. Its […]
Read MoreThe domestic price of diesel is slated to fall by 0.5 baht a litre next Wednesday, down from 34.44 baht a litre, as global crude oil prices keep decreasing, says the Oil Fuel Fund Office (Offo). Despite lower crude oil prices, officials are not cutting the diesel price immediately, waiting for oil stocks to be sold, […]
Read MoreThe Ministry of Public Works and Transport (MPWT) has earned $126 million from two state-owned ports – the Sihanoukville Autonomous Port (PAS) and the Phnom Penh Autonomous Port (PPAP). The ministry unveiled the figures during an annual meeting convened on Wednesday to review the performance of 2022 and set objectives for 2023. Speaking at the […]
Read MoreMANILA, Philippines — Dollars sent home by overseas Filipino workers (OFWs) hit an all-time high last year after a strong finish in December amid soaring inflation, according to the Bangko Sentral ng Pilipinas (BSP). Data released by the central bank showed personal remittances increased by 3.6 percent to a record high $36.14 billion in 2022 […]
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Thailand
