MANILA, Philippines — More Filipinos were either unemployed or out of business in May while the quality of available jobs worsened, in what could be a sign that the economy, while growing again, is struggling to heal the pandemic-battered labor market. There were 2.93 million jobless Filipinos in May, higher than 2.76 million recorded in […]
Read MoreHigher energy prices have driven up production costs by 20%, but manufacturers managed to increase goods prices by less than 10% as they struggle to maintain sales volume, according to the latest poll conducted by the Federation of Thai Industries (FTI). Up to 38.8% of 165 company executives and members of the FTI in 45 […]
Read MoreThe Consumer Price Index (CPI) in March 2022 increased by 3.8 per cent year-on-year compared to March 2021, according to the Department of Economic Planning and Statistics’ (DEPS) report. The rise was in line with the increase in non-food (3.9 per cent) and food and non-alcoholic beverages (3.4 per cent) prices. The increase in the […]
Read MoreSINGAPORE’S unemployment rates in May stayed unchanged from the month before, and the likelihood of a downturn remains low, the Ministry of Manpower (MOM) said on Thursday (Jul 7). Overall unemployment remained at 2.2 per cent; resident unemployment, 3 per cent; and citizen unemployment, 3.1 per cent, according to MOM’s monthly unemployment report for May. Among […]
Read MoreMANILA, Philippines — The Marcos administration is now looking at a 6.5 to 7.5 percent economic growth in its first year in office, lower than the target set by the previous government. During a briefing at Malacañang yesterday, Finance Secretary Benjamin Diokno said the economic team has presented the medium-term fiscal framework to President Marcos […]
Read MoreSok Chenda Sophea, Minister attached to the Prime Minister and Secretary-General of the Council for the Development of Cambodia (CDC), yesterday encouraged private sector representatives in Asean, especially investors from Italy, to invest in the Kingdom. He urged them to learn more about the investment potential and opportunities in Cambodia and to take advantage of […]
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Thailand
