The global unemployment rate will increase to 5.8 percent representing 3.4 million people or a total of 201.1 million, according to the World Employment and Social Outlook-Trends 2017 report recently released by the International Labor Organization. This gloomy picture is attributed to the weak economic growth in many regions, in particular Sub-Saharan Africa, Latin America […]
Read MoreHA NOI – Vietnamese firms are mostly optimistic about their business results for 2017, driven by the improved macro-economy coupled with Government efforts to improve the business climate and remove obstacles. A survey by the General Statistics Office amongmanufacturing and processing firms found that 81 per cent of respondents expected stable or better business results […]
Read MoreSINGAPORE: The global economy will face “disastrous consequences” if US protectionist measures proposed by incoming President Donald Trump prompt trade wars, the head of Singapore’s central bank said. Some of the possible actions – such as rejecting a US-Pacific trade deal, extra taxes on US importers and labeling major trade partners as currency manipulators – […]
Read MorePUTRAJAYA: The country’s commodities, particularly palm oil, are expected to enjoy higher prices in 2017, with the increase in export revenue set to reach up to 8%. Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the average price of crude palm oil (CPO) for this year would range between RM2,700 and RM2,800 […]
Read MoreJAKARTA: Indonesia’s exports rose faster than expected in December onstronger commodities prices, helping to narrow the pace of decline in full-year trade for the resource-dependent economy. Shipments from South-East Asia’s largest economy in 2016 were worth US$144.4bil. This was down 3.95% from a year earlier, data from the statistics bureau showed yesterday, slower than the […]
Read MoreSevere flooding in the South is estimated to cost businesses 27.4 billion baht, with rubber farmers hit the hardest, according to TMB Analytics. Of the total 27.4 billion baht in damages, 19.1 billion is to the rubber business, 3.53 billion to the tourism sector, 2.94 billion to the palm oil business, 751 million to fisheries, […]
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Thailand
