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Singapore: S’pore jobless rate hits 6-year high

SINGAPORE (Reuters) – Singapore’s jobless rate hit a six-year high in the fourth quarter, while total employment in 2016 grew at the weakest pace in over a decade, as labor market conditions softened amid a slowdown in economic growth. The total unemployment rate rose to 2.2 percent in the fourth quarter from 2.1 percent in […]

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Myanmar: Approved investment passes US$6b

As the 2016-17 fiscal year enters its final months the Myanmar Investment Commission’s approved investment total stands at over US$6 billion – some $2.5 billion of which was approved in just the last three weeks. The MIC approved $3.5 billion between April 1 and December 31, with the latter date marking the cut period for […]

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Thailand: Trump’s policies expected to boost Thai exports

United States President Donald Trump’s policies should boost Thai exports to the US in areas such as automobiles and parts, seafood, fruit, gems, ornaments and rubber, Commerce Minister Apiradee Tantraporn said on Friday. The US imports more automobiles and parts than it exports, the minister said. Prospects were bright for the Thai automotive industry. She expected […]

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Myanmar: Myanmar draft foreigner laws worry expats

YANGON – Two draft laws concerning foreigners are sending shockwaves through the expat community and could undermine the government’s stated priorities in attracting responsible foreign investment and promoting a human rights agenda, lawyers and business experts say. Both the draft Law Concerning Foreigners and the Foreign Worker Law are pegged as priorities for the next […]

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