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Indonesia: Unemployment figure drops to 7 million

Statistics Indonesia (BPS) announced on Monday that the unemploymentfigure declined to 7 million in August, down from 7.04 million in the same month of 2017. The unemployment rate was recorded at 5.34 percent. “The unemployment rate in urban areas was higher than in villages,” said BPS head Suhariyanto in a press conference, adding that the number of manpower reached 131.01 […]

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Cambodia joins global real estate map

Cambodia is now officially featured in the map of the National Association of Realtors (NAR) after having joined the United States-based organisation last year. Headquartered in Chicago and boasting over 1.1 million members, NAR is a North American trade association for those who work in the real estate industry. The organisation held an annual gathering […]

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Philippine rice import dependency up

MANILA, Philippines — The country’s rice self-sufficiency level declined to 93.44 percent from 95.01 percent, the Philippine Statistics Authority said. According to the PSA, the country’s Import dependency ratio (IDR) of rice increased to 6.56 percent last year from 4.99 percent in 2016. Rice imports went up by 39 percent to P18 billion in 2017.In […]

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Philippines: Manufacturing activity picks up in October 2018

MANILA, Philippines — Manufacturing activity continued to improve in October as factories registered a strong influx of new orders, ramping up production and hiring, according to the latest reading of the Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI). The headline manufacturing PMI for the country rose to 54 in October from 52 in September, the highest reading in 10 months, indicating […]

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