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PETALING JAYA: Malaysian Employers Federation (MEF) president Datuk Dr Syed Hussain Syed Husman is urging the government to address the labour shortage in the country, especially in the palm oil industry which is continuing to experience losses for planters and the nation, due to an acute shortage of manual harvesters.
HANOI (Vietnam News/Asia News Network): Vietnam's economy has recently received many optimistic signals from the business community, which are fuelling expectations of a stable and rapid recovery after a long disruption due to the Covid-19 pandemic.
MANILA (Philippine Daily Inquirer/Asia News Network): Waning consumption support from remittances, deep pandemic scarring, and still high Covid-19 infections pose risks to the economic recovery of the Philippines, think tanks said on Tuesday (Oct 19).
BENGALURU: The Federal Reserve will wait until 2023 before raising interest rates, according to a majority of economists in a Reuters poll who nonetheless said the greater risk for the U.S. economy was persistently higher inflation over the coming year.
A worse-than-expected third quarter economic performance for China has indicated there could be more pain ahead in the final three months of the year, while stoking fears of “stagflation”, analysts say.
GROWING concerns over the 4.4% unemployment rate in Selangor has prompted the state government to continue with its Jelajah Selangor Bekerja job fair programme this year.
The Covid-19 pandemic has been basically brought under control nationwide five months since the outbreak of the fourth wave ravaged the country, said Prime Minister Pham Minh Chinh at an online meeting.
While South Africa is adopting more renewable energy tech, huge energy demand is forcing the country to depend on "dirty" energy from coal.
KUALA LUMPUR: Malaysia, like many other countries, has not been spared from the effects of the Covid-19 pandemic. This is evidenced by the rising unemployment rate, which shot up to 4.5% in 2020 from 3.3% in 2019.
KUALA LUMPUR: Malaysia, like many other countries, has not been spared from the effects of the COVID-19 pandemic. This is evidenced by the rising unemployment rate, which shot up to 4.5 per cent in 2020 from 3.3 per cent in 2019.