KUALA LUMPUR: Keeping unemployment low by helping small and medium enterprises (SMEs) retain their workers through wage subsidies and loan moratoriums during the pandemic is the first line of defence in helping households, Asia Analytica said. The research and institutional services said the sector formed the backbone of the economy and generate substantial employment. It […]
Read MoreAs megatrends affect the world of work, reshaping skills of workers will help to address mismatches and promote resilience. Human capital development has played a vital role in the success of thriving economies. However, when the skills of workers fail to align with the needs of industry, the mismatches and imbalances in the labour market […]
Read MoreMANILA, Philippines — The country’s total debt stock hit a new record high in May, passing the P11-trillion mark as the government borrowed more from the domestic market to finance its pandemic response. The Bureau of the Treasury yesterday said total outstanding debt jumped to an all-time high of P11.07 trillion, adding P2.18 trillion or […]
Read MoreThe government is considering introducing a tax on share sales by individual investors on the Stock Exchange of Thailand (SET) to generate additional revenue, three sources familiar with the matter told Reuters. Officials are studying the possibility of ending a tax waiver, which has been in place since 1991, on securities sales on the SET, two […]
Read MoreLaos will be able to export more coffee to the European Union (EU) states following the adoption of a new roadmap for exports. The roadmap is aimed at increasing productivity and sustainability in production and processing, while simultaneously enhancing the capacity of Lao exporters, improving the domestic economy and securing better lives for rural citizens. […]
Read MoreThailand’s exports are expected to rise more than 7% in the third quarter from a year earlier and 6% in the final quarter of the year, lifted by higher global demand and a weaker baht, the Thai National Shippers’ Council said on Tuesday. Exports could grow 10% this year, the group told a briefing, citing […]
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