The Minister of Labor and Social Welfare provided information on the labor market in the recent National Assembly session on Friday, revealing that 2.4 million, or 97.6% of all eligible people, are now employed. Ms. Baykham Khattiya, Minister of Labor and Social Welfare, said that the results of the labor force survey conducted in 2022, revealed that […]
Read MorePETALING JAYA: The labour market is expected to further improve, underpinned by the robust recovery in the domestic economy. Hong Leong Investment Bank (HLIB) Research, in a report, said the labour market would be fuelled by new job-related initiatives to be implemented under the retabled Budget 2023. The research house, however, said the pace of […]
Read MoreThe Ministry of Finance has proposed the government set environmental fuel tax at its floor limit for another year. The plan, if accepted, will see environmental fuel tax for gasoline stay at VND1,000 per litre, jet fuel at VND3,000, diesel at VND500, mazut at VND300 and kerosene at VND300 for an entire year. This is […]
Read MoreLocal banks have continued to gear up for regional business expansion, aiming to create higher income from the growth potential of the Asean economy in the post-pandemic period. Last week Kasikornbank (KBank) announced the complete acquisition of additional shares of PT Bank Maspion Indonesia Tbk with an investment value of copy86.5 million or roughly 6.53 billion […]
Read MoreKUALA LUMPUR: The manufacturing sector recorded RM158.9 billion in sales in October 2022, an increase of 12.9 per cent year-on-year, said the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the double-digit growth in sales value for October 2022 was largely driven by the petroleum, chemical, rubber and plastic […]
Read MoreThe median salary increase for Thailand in 2023 will be 5.1% compared with this year, according to a survey of more than 700 companies in the six largest Southeast Asian economies by Aon Plc, a global professional services firm. The figure for Thailand compares with an expected median increase of 7.9% in Vietnam, 6.8% in Indonesia, […]
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