SINGAPORE’S total employment growth was at an all-time high in 2022, driven largely by the return of foreign workers following the relaxation of border controls in the first half of the year, the Labour Market Report indicated on Wednesday (Mar 15). Total employment grew by an unprecedented 227,800 last year, reaching 2.9 per cent above […]
Read MoreThe cabinet on Tuesday agreed to extend an excise tax cut on diesel for another two months to July 20 to help reduce the costs of living, a government official said on Tuesday. The tax cut of 5 baht (US$0.14) per litre will lead to a loss in revenue of 20 billion baht ($579.20 million), […]
Read MoreCambodia will set temperature levels for different products like food items, medicines, chemical substances and electronic devices to maintain the quality of the products and prevent damages during their transportation. For the sake of the economy and general health, Cambodia will promote safe food via cold chain logistics and use ASEAN-Japan guidelines for reference. “The […]
Read MoreThe USD/IDR exchange rate was unchanged on Wednesday morning after the relatively disappointing Indonesian trade numbers. The USD to rupiah pair was trading at 15,370, which was a few points below this week’s high of 15,474. Indonesia’s trade surplus widens The most important catalyst for the USD/IDR price was the latest US inflation numbers, which we wrote […]
Read MorePETALING JAYA: The country’s industrial production is expected to remain weak in the first quarter of the year (1Q23), before showing improvement in the near term. Despite the potential risk of weak global demand, there are bright spots that could raise the industrial production performance going forward, analysts noted. TA Research said although there is […]
Read MoreSingapore’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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Thailand
