MANILA, Philippines — The Philippines is seen booking the highest unemployment rate in Southeast Asia, with about eight million Filipinos expected to lose their jobs as the coronavirus disease 2019 or COVID-19 pandemic continues to overwhelm the economy, according to Maybank ATR Kim Eng. In its ASEAN economics report titled “Labour market: Retrenchments and Recovery,” […]
Read MoreThe Government’s relief and credit packages are now vital to help HCM City travel firms survive the coronavirus crisis, a top official in the city Department of Tourism has said. The domestic tourism sector, which had only recently started to recover, has suffered another setback with the return of coronavirus, Nguyen Thi Anh Hoa, the department’s […]
Read MoreMANILA, Philippines — Some industries have experienced a pickup in business activities following the slight easing of movement restrictions in Metro Manila and other urban centers in June, according to the Department of Finance (DOF). In a series of meetings with the private sector in the third week of July, Finance Secretary Carlos Dominguez and […]
Read MoreSINGAPORE – Banks here say they keep a strong local core in the workforce, while growing the pipeline of local talent. Their responses come as the Monetary Authority of Singapore urged financial institutions to groom Singaporean leaders and grow the talent pool. Standard Chartered said on Wednesday (Aug 12) that staff levels here have grown from […]
Read MoreKUALA LUMPUR, Aug 13 — The new maximum retail price of RM1 per unit that three-ply face masks can be sold for in Malaysia will kick in this Saturday (August 15), the latest government gazette this week has confirmed. In an order published on August 11, Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta […]
Read MoreMANILA, Philippines — Domestic debt rose to P5.96 trillion as of end-July as the government continued to issue more securities amid strong demand from investors, according to the Bureau of the Treasury (BTr). The outstanding government securities issued by the government swelled by 1.12 percent to P5.96 trillion as of end-July from P5.89 trillion a […]
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Thailand
