MANILA, Philippines — The country’s unemployment rate declined in March while the quality of jobs improved, according to the Philippine Statistics Authority (PSA). In a briefing yesterday, national statistician Dennis Mapa said preliminary results of the PSA’s Labor Force Survey showed the unemployment rate was at 4.7 percent last March, down from 4.8 percent in […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production in March rose 3.1% from a year earlier, above expectations, government data showed on Tuesday. March’s factory output had been forecast to expand 0.6%, according to 11 economists surveyed in a Reuters poll. – Reuters
Read MoreBanks have been steadily cutting deposit interest rates, which have reached around 8 per cent, a move aimed at reducing lending rates to support businesses. HCM CITY — Banks have been steadily cutting deposit interest rates, which have reached around 8 per cent, a move aimed at reducing lending rates to support businesses. The highest […]
Read MoreCambodia exported $2,499 million worth of products to the United States in the first quarter of this year, an 11 percent decrease as compared to the same period last year, the US Census Bureau reported yesterday. The Kingdom imported $90 million worth of products from the world’s biggest economic power, a 10.9 percent decrease year-on-year. […]
Read MoreThe boiling hot weather in Thailand is causing an upsurge in electricity consumption, leading to a record high of 34,826.5 megawatts on May 6, says the Energy Regulatory Commission (ERC). The new record was reached at 9.41pm on Saturday, compared with 33,177.3MW at 2.30pm on April 28. Thailand is seeing new power consumption records during the […]
Read MoreThe General Department of Taxation (GDT) announced that it collected 84.67 billion riel, or $20.91 million, in value-added tax (VAT) from e-commerce in the first quarter of the year, which is seen as a reflection of the boom in online transactions witnessed since the advent of the Covid-19 crisis. The e-commerce VAT, which has been […]
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