The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is warning unemployment reached 2.5 million people in the first half this year and will keep growing next year if state stimulus packages are not strong enough to battle economic woes. The numbers, recorded between January to June this year, include 700,000 workers under labour […]
Read MoreMANILA, Philippines — The transformation of the local agriculture industry, anchored on the shift away from specific crops and toward a more demand-driven sector, is necessary to fast-track the economic recovery of the Philippines amid the coronavirus disease pandemic. During the virtual launch of its latest report yesterday, the World Bank said transforming agriculture into […]
Read MoreThe Finance Ministry is finalising details of the 3,000-baht cash handout scheme, with initial daily spending disbursed through an e-wallet application and a cap of 100 baht. Details are expected to be finalised by the Fiscal Policy Office before submission to the Center for Economic Situation Administration on Thursday, said a Finance Ministry source speaking […]
Read MoreCambodia Airports says there has been a drop in traffic of people travelling to Phnom Penh, Siem Reap and Sihanoukville airports of up to 75 percent in the last eight months. There has also been a drop in cargo being flown in and out of the country by up to 32 percent. Public Relations Director […]
Read MoreThe Hanoitimes – The move would make Samsung’s global production more efficient, stated the company. Samsung is expected to shift parts of its TV production to Vietnam following the closure of its sole China TV factory in Tianjin at the end of November, Nikkei Asian Review reported. The move is part of a greater trend of […]
Read MorePENT-up demand continues to drive new home sales with 1,227 units sold in Singapore in August, an 11-month high with confident buyers pushing prices upwards amid worsening economic conditions and rising unemployment. The high number of transactions surprised some because it was also the Hungry Ghost month, but it got an extra lift from Forett […]
Read More
Thailand
