MANILA, Philippines (Update 1, 11:40 a.m.) — The country’s unemployment rate eased in July, but quality of available jobs deteriorated during the month while many Filipinos have given up looking for work, exacerbating pandemic hardships. A quarterly survey of 121,990 families nationwide showed there were 3.07 million people who were either unemployed or out of business in […]
Read MoreKUALA LUMPUR : Malaysia’s central bank is likely to leave its key interest rate unchanged this week, a Reuters poll showed on Tuesday, as the country gradually reopens its economy amid a ramped-up COVID-19 vaccination drive. While Malaysia’s downgrade to its 2021 growth outlook last month fuelled market speculation of another rate cut, analysts said […]
Read MoreThe Royal Embassy of Cambodia in Bangkok will organise a Webinar on “Connecting Digital Opportunities between Thailand and Cambodia” this week, in cooperation with the Department of East Asian Affairs, Thailand’s Ministry of Foreign Affairs and the International Studies Centre (ISC). The webinar will take place via Facebook Live on Sept. 9, at 09.00 – […]
Read MoreBrunei Fertilizer Industries Sdn Bhd (BFI) signed a service agreement in a virtual ceremony with Muara Port Company Sdn Bhd (MPC) to undertake logistics, operations and port-handling services for the purpose of exporting granular urea for BFI. Signing on behalf of BFI was its Chief Executive Officer Mohammed Salim Baderkhan, while MPC was represented by […]
Read MoreMANILA, Philippines — Consumer price growth resumed its uptick to accelerate beyond government expectations anew in August on higher utility costs and pricier food items. Inflation, as measured by the consumer price index, went up 4.9% year-on-year in August, faster than 4% on-year clip recorded in July, the Philippine Statistics Authority reported on Tuesday. The […]
Read MoreThailand’s exports are expected to rise 10-12% this year as the global economy recovers, but the country’s coronavirus outbreak remains a negative factor, the National Shippers’ Council said on Tuesday. In the third quarter, exports, a rare bright spot in the economy, are forecast to increase 8-10% from a year earlier, the group told a […]
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