PETALING JAYA: The labour force survey conducted by the government showed that unemployment rate for 2020 had risen to a record level of 4.5% due to the ongoing Covid-19 pandemic. “The unemployment rate rose to 4.5% in 2020, the highest rate recorded since 1993 (4.1%), ” chief statistician Datuk Seri Mohd Uzir Mahidin (pic below) […]
Read MoreMANILA, Philippines — More banks are set to impose higher fees for ATM transactions done by non-bank clients using their networks amid the shift to a new charging method starting April 7. Under the new method, a cardholder would be charged for a withdrawal transaction or balance inquiry based on the fees of other banks […]
Read MoreAs the global economy is still mostly struggling with the health crisis, the start in 2021 is overshadowed by the hurdles of the previous year. Nevertheless, Vietnam may regain traction in economic growth. Assoc. Prof. Dr. Pham The Anh, chief economist from the Institute for Economic and Policy Research under Hanoi National University’s Economics University […]
Read MoreSINGAPORE maintains its top spot for digital inclusiveness among 82 countries around the world, in global consultancy Roland Berger’s Digital Inclusion Index 2020. But around 150 million adults in South-east Asia – or nearly a third of the population – remain excluded from digital technologies, casting a spotlight on the region’s digital divide. The report […]
Read MoreWith five free trade agreements (FTAs) on the docket this year, Cambodia is bolstering its logistics network in anticipation of the deals. To that end, last month the Prime Minister approved the immediate upgrade of the Stung Bot, Bavet and Poipet checkpoints. Sopheavatey Sorn, director of logistics at the Ministry of Public Works and Transport, […]
Read MoreLow incomes and high household debt are looming over the upcoming Lunar New Year holiday, while an additional 1 million room nights in the stimulus campaign were fully redeemed, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said the estimated number of domestic trips during Feb 12-14 is expected to reach […]
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