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Search Result for “labour market”

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GENERAL

Asian stocks hit 9-month lows

Reuters, Published on 17/08/2023

» SINGAPORE - Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over China's sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.

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BUSINESS

No immediate surge of Chinese tourists expected after re-opening

Reuters, Published on 27/12/2022

» SHANGHAI: China's relaxation of Covid-19 rules for international arrivals has raised hopes that its multi-billion-dollar travel business will soon flourish again but countries longing for the return of Chinese tourists will likely face more of a wait.

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BUSINESS

Exports beat forecast on high global demand

Reuters, Published on 27/07/2022

» Thailand's customs-based exports rose by a more than expected 11.9% in June from a year earlier, helped by increased global demand as well as a weak baht, Commerce Minister Jurin Laksanawisit said on Wednesday.

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BUSINESS

Malaysia plans record $18bn subsidy spend in inflation fight

Reuters, Published on 25/06/2022

» KUALA LUMPUR: Malaysia is expected to spend 77.3 billion ringgit (US$17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the effects of rising prices, its finance minister said on Saturday.

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BUSINESS

Economy to continue recovery, but risks increase - BoT minutes

Reuters, Published on 12/04/2022

» The economy will continue to recover, driven by improving local demand and foreign tourist numbers, as recent negative shocks have had a limited impact on recovery, according to minutes of the Bank of Thailand (BoT)'s last policy meeting.

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WORLD

Singapore rents hit 7-year high, population dips

Reuters, Published on 03/03/2022

» SINGAPORE: Home rents have risen to a seven-year high in Singapore, already one of the world's most expensive cities, even though the city-state's population has dipped in the past two years.

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WORLD

Govt agrees plan for Saudi Arabia labour deployment as ties normalise

Reuters, Published on 01/03/2022

» The government plans to facilitate the deployment of labour to Saudi Arabia for the first time in decades, a spokesman said on Tuesday, part of the restoration of ties that were severed by the Gulf State over a multi-million dollar jewellery theft.

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BUSINESS

Q3 unemployment at 16yr high

Reuters, Published on 22/11/2021

» Unemployment hit a more than 16-year high in the third quarter, as tougher coronavirus restrictions hit economic activity and jobs, the state planning agency said on Monday.

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BUSINESS

Economy faces uncertainty, monetary policy to stay accommodative

Reuters, Published on 18/10/2021

» The central bank said on Monday there was high uncertainty facing the economy and monetary policy would remain accommodative to support a recovery from the country's most prolonged outbreak of the coronavirus.

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WORLD

Cambodia raises minimum textiles wage by $2

Reuters, Published on 28/09/2021

» PHNOM PENH: Cambodia on Tuesday raised the minimum monthly wage for workers in its key textiles and footwear industry by $2 to $194, effective January next year, shy of a $12 rise sought by major unions.