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Philippines: Unemployment rate down, job quality improved in March

MANILA, Philippines (Updated, 11:03 a.m.) — Unemployment fell in March, while the quality of jobs improved as the labor market tries to recover amid a reopened economy.  Results of a nationwide survey of 11,093 households showed there were 2.42 million Filipinos who were either jobless or out of business in March, lower than 2.47 million unemployed persons recorded in February, the […]

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Singapore retail sales up for second straight month

ANN/THE STRAITS TIMES – Retail sales in Singapore rose for the second straight month in March, although at a slower pace year on year. Most industries saw bigger takings at the till. Economists see retail sales slowing further this quarter, but it could accelerate in the second half of the year. Sales climbed 4.5 per […]

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Laos Sees Slight Dip in Inflation Rate in April

The country recorded an inflation rate of 39.89% in April, according to the report from the Lao Statistics Bureau (LSB). Laos’ inflation rate decreased slightly to 39.89% In April, compared to the first quarter figures of this year with January at 40.3%, February at 41.3%, and March at 41.0%. In April, the price of food and non-alcoholic […]

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Thailand: Economists anticipate 0.25% hike

Local economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed’s funds rate has already peaked. According to ttb analytics, the research centre of TMBThanachart Bank (ttb), the central bank’s Monetary Policy Committee (MPC) is expected to increase the policy benchmark rate […]

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