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Philippines: Hog inventory remains down

MANILA, Philippines — The country’s hog inventory remained on a downward trend at the start of October as production further declined in the third quarter, data from the Philippine Statistics Authority (PSA) showed. The PSA reported that the country’s swine inventory stood at 9.87 million heads as of Oct. 1, down by 12.4 percent from […]

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Thailand: Unemployment rate reaches 2.25% in Q3

Thailand’s labour market has been severely affected by the strict measures to control the spread of Covid-19, with the unemployment rate jumping to 2.25% in the third quarter from 1.89% in the previous three months, while household debt continued to grow. The government’s planning unit, the National Economic and Social Development Council (NESDC), reported yesterday […]

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Cambodia: Economy to grow 2.8 percent this year, AMRO says

Cambodia’s economy will recover from last year’s 3.1 percent contraction, according to the ASEAN+3 Macroeconomic Research Office (AMRO), after a successful vaccination campaign allowed factories to reopen and easing supply-chain bottlenecks helped increase exports. “Recovery from the pandemic is expected to gradually gain momentum in 2021, notwithstanding a recent spike in global infections,” AMRO said. […]

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