The Covid-19 pandemic caused turbulence in Vietnam’s labor market in 2020. For the first time in 10 years, Vietnam’s economy witnessed a serious decline in the number of participants in the labor market and the number of employed people. The average income of workers also fell. The indicators of unemployment and underemployment both increased sharply […]
Read MoreSINGAPORE’S unemployment rates rose in July after having trended downward for the past eight months, which may have been due to tightened Covid-19 curbs in preceding months, latest Ministry of Manpower (MOM) figures showed on Monday. “Nonetheless, the rates in July remained lower than in May 2021,” noted the MOM in its release. Overall unemployment […]
Read MoreThe continuing Covid-19 pandemic has deepened the economic fallout in Laos over the second quarter of this year as employment fell off sharply and households and businesses suffered declining income and revenue, according to a World Bank survey. The latest round of the World Bank’s Rapid Monitoring Phone Survey, conducted in April-May this year among […]
Read MoreBorneo Bulletin – Brunei Darussalam Central Bank (BDCB)yesterday published its bi-annual policy statement. In its policy statement, BDCB noted that the global economy is expected to grow six per cent in 2021. Meanwhile, the domestic economy contracted by 1.4 per cent year-on-year (y-o-y) in first quarter (Q1) 2021. BDCB’s inflation forecast for 2021 has been […]
Read MoreKUALA LUMPUR, Sept 6 — Malaysia’s residential property transactions dropped 44.7 per cent year-on-year (y-o-y) in the first quarter (Q1) of this year, according to a PropertyGuru DataSense report. The decline was due mainly to increased worries among property buyers over Covid-19 cases as well as softer-than-expected Gross Domestic Product (GDP) performance, said the report released by PropertyGuru’s data analytics […]
Read MoreThe Thai grocery and general merchandising retailer “Big C”, has opened its first store in Phnom Penh. The official opening of the Mini Big C Depo Branch was held yesterday with top government officials and business leaders in attendance. Company officials were joined by the Thai Ambassador to Cambodia Panyarak Poolthup, WorldBridge International Group Chairman […]
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Thailand
