Job creation omnibus law may shrink labour market: Businesses
Indonesian Employers Association chairperson stated that a move like this would risk increased unemployment rate for the inexperienced workers.
Economy
Fiscal spending, fine-tuning of policy set to ensure recovery in China
Economists said such an approach would provide a significant lift to growth this year, with the country's deficit-to-GDP ratio expected to increase.
Development projects suffer from funds crunch as government revenue takes hit
With the government facing a resource crunch, contractors complained of not being paid on time even for completed works.
S’pore’s Q1 hiring outlook dims, but firms prepared to pay more to attract workers: Survey
A hiring boom is anticipated in finance and real estate, which posted the strongest outlook among all sectors polled in Singapore.
Sky high home prices contribute to low birth rate: Study
According to the report, a 1 percent rise in the median home prices leads to 0.002 fewer births per woman.
60％ of top Japanese executives expect economy to improve over next six months
This number represented a decline of 10 executives from a year earlier, when more than 90 per cent of respondents said it would make a recovery.
Yen rises past ¥130 per dollar for 1st time in 7 months
The Japanese currency has been backed by expectations that the Bank of Japan could further revise its monetary easing policy.
Singapore’s economic growth slows to 3.8% in 2022; outlook darkens for 2023
The fourth-quarter slowdown came on the back of a 3 per cent year-on-year contraction of the key manufacturing sector.
Hong Kong labour chief to visit Singapore, Philippines
Labour chief Chris Sun will visit the two countries to tap overseas experience on talent recruitment and explore ways to better equip Filipino domestic workers.
Economic weakness set to weigh on oil price in 2023
Brent has fallen more than 15 per cent since early November, as surging Covid-19 cases in China depressed the outlook for oil demand growth in the world’s largest crude oil…