malay04
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Malaysia: Labour productivity down 16% in second quarter

PETALING JAYA: Malaysia’s labour productivity per employment shrank by 16% to RM19,455 per person in the second quarter (Q2), with construction taking a big hit, according to the Statistics Department. In its report on the performance of Malaysia’s labour productivity issued recently, it said total hours worked plunged by 27% to 6.2 billion hours from […]

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Philippines: BOI to review CARS proposal

MANILA, Philippines — The Board of Investments (BOI) is willing to study proposed revisions to the Comprehensive Automotive Resurgence Strategy (CARS) on production targets and timeline to meet the volume requirements under the program as the COVID-19 outbreak has slowed the demand for new vehicles. Trade Undersecretary and BOI managing head Ceferino Rodolfo told reporters […]

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