Indonesia recorded deflation for five straight months, from May to September, considered the worst since the seven-month deflationary period in 1999, when it was hit hard by the Asian financial crisis, according to the Central Statistics Agency (BPS).
The average monthly income of laborers nationwide was 7.5 million VND (295 USD) in the second quarter of 2024, an increase of 19.6 USD compared to the same period last year. The growth rate of average monthly income reached 7%, 1.3 times higher than in the second quarter of 2023.
The implementation of Malaysia’s Hydrogen Economy and Technology Roadmap (HETR) is expected to generate income of up to 12.1 billion MYR (2.5 billion USD), with an estimated contribution of between 49-61 billion MYR to the country’s Gross Domestic Product by 2030, according to Minister of Science, Technology and Innovation Chang Lih Kang.
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
The Thai government will kick off its One Family One Soft Power (OFOS) project in June, aiming to create 20 million jobs with a minimum annual salary of 200,000 THB (about 5,400 USD), a senior official has said.
Higher wages are needed to attract and retain employees working for the public sector in Vietnam who are lagging way behind their peers in many Southeast Asian countries in terms of income, the online newspaper Vietnamnet reported.
The World Bank (WB) on May 31 approved a 176-million-USD loan to fund a fisheries project that aims to improve fisheries management, enhance the value of fisheries production, and raise incomes for coastal communities in the Philippines.
The Bang Rakam Model project, now in its seventh year, has been deemed successful in providing farmers with adequate amounts of water to grow crops and boost their income.
Vietnam welcomed more than 300,000 foreign visitors and served 7 million domestic tourists during the five-day holidays of Hung Kings Commemoration Day, Reunification Day and International Workers’ Day from April 29 to May 3, according to the Vietnam National Administration of Tourism (VNAT) under the Ministry of Culture, Sports and Tourism.
The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.
Malaysia’s government is optimistic about achieving the target of zero hardcore poverty by the end or 2025 with new integrated and holistic approaches in implementing the pilot projects towards increasing their income, Bernama news agency reported.
Vietnam aims to reach a minimum rate of 70% of mechanisation in crop production by 2030 and income of a farmer will be around 120 million VND (5,140 USD) per year by 2030, Minister of Agriculture and Rural Development Le Minh Hoan said on August 25.
The first Bio-Circular-Green (BCG) Economy committee meeting of the year has resolved to push the BCG agenda as a means of raising income for the people, while also preserving Thailand’s biodiversity and environment.
Average monthly incomes of workers in most economic sectors in the third quarter declined compared to the previous quarter and the same period last year, according to the General Statistics Office (GSO)
Vietnam’s per capita income in 2020 reached 4.23 million VND (183.19 USD) each month, according to preliminary results of the General Statistics Office’s survey on local living standards in 2020.
Thailand's public and private sectors, in cooperation with the Department of International Trade Promotion, the Thai Chamber of Commerce and Koelnmesse Company Limited of Germany, are organizing the annual THAIFEX - World of Food Asia, which opened on May 28.
Facing water shortages, farmers in the Mekong Delta province of Tien Giang have grown corn on nearly 2,000ha of rice fields for the 2018-19 winter-spring crop.
The southern province of Binh Duong has targeted a GRDP (Gross Regional Domestic Product) growth of 8.4 – 8.6 percent and per capita income of 140 million VND (more than 6,030 USD) this year.
Nestlé Vietnam has helped over 20,000 households of coffee growers improve productivity and income through applying new technology from the NESCAFE Plan project, said the firm’s General Director Ganesan Ampalavanar.
