phil04
Read More

Philippines: Businesses, consumers urged to spend more

To help economy MANILA, Philippines — Regaining the confidence of businesses and consumers to spend more is necessary to help revive the pandemic-stricken economy, according to the Bangko Sentral ng Pilipinas (BSP). Dennis Lapid, director of the BSP’s Department of Economic Research (DER), said businesses and consumers need to spend more to revive the economy […]

Read More
logo
Read More

Bilateral agreements have not jeopardised employment opportunities for Singaporeans: Heng Swee Keat

[SINGAPORE] Bilateral agreements that Singapore signed with other countries have not jeopardised employment opportunities for Singaporeans, Deputy Prime Minister Heng Swee Keat said on Sunday. Responding to criticisms about how free trade agreements or comprehensive economic cooperation agreements had caused Singapore to “sign away important protection for Singaporean (jobs)”, Mr Heng said that such a […]

Read More
malay04
Read More

Malaysia: Labour productivity down 16% in second quarter

PETALING JAYA: Malaysia’s labour productivity per employment shrank by 16% to RM19,455 per person in the second quarter (Q2), with construction taking a big hit, according to the Statistics Department. In its report on the performance of Malaysia’s labour productivity issued recently, it said total hours worked plunged by 27% to 6.2 billion hours from […]

Read More