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UN: Global unemployment is down, but workers remain poor

Publication date 15 February 2019 | 15:30 | ICT

THE global unemployment rate inched down last year the UN said on Wednesday, warning though that jobs often failed to guarantee a decent living, with some 700 million workers wallowing in poverty.

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  • E-commerce responsible for worsening trade deficit

    Publication date 14 February 2019 | 14:52 | ICT

    E-COMMERCE is like a double-edged sword for the Indonesian economy. On the one hand, it has contributed significantly to the country’s state revenue, on the other hand, it has contributed to the country’s trade deficit.

  • Opec oil output sees 4-year low, Russia fails to comply

    Publication date 14 February 2019 | 14:42 | ICT

    OPEC production fell to a four-year low in January as the cartel applied a new pact to boost global oil prices, the International Energy Agency (IEA) said on Wednesday, but Russia and other ex-Soviet states failed to cut back output as much as promised.

  • ‘Grab Vietnam rulings should be overturned’

    Publication date 14 February 2019 | 14:40 | ICT

    THE ride-hailing firm Grab has been cleared of charges by Ho Chi Minh City Superior People’s Procuracy which declared there is no causal relationship between Grab’s violations and the local taxi operator Vinasun’s damages.

  • SMEs bemoan government tax exemption requirements

    Publication date 14 February 2019 | 11:13 | ICT

    Small and medium enterprises (SMEs) are finding it difficult to meet the requirements to apply for tax exemption from the General Department of Taxation ’s (GDT) said Federation of Association for Small and Medium Enterprises of Ca

  • Emirates launches route connecting Phnom Penh, Bangkok

    Publication date 14 February 2019 | 10:29 | ICT

    Emirates will launch a daily service on June 1 linking Phnom Penh (PNH) and Bangkok (BKK).

  • CSX contest winners reveal their stock trading strategies

    Publication date 14 February 2019 | 09:50 | ICT

    The Cambodian Securities Exchange (CSX) on Wednesday organised a seminar to reveal the trading strategy of eight winners of a stock trading competition.

  • Samsung predicts 8K race

    Publication date 13 February 2019 | 15:36 | ICT

    IT IS the course of nature for the TV industry to continue developing bigger screens with higher resolutions, according to Han Jong-hee, Samsung Electronics’ president of visual display business.

  • Canadia Bank wins Best Domestic Bank award 2018, awarded by the International Finance Magazine, London, UK.

    Publication date 13 February 2019 | 14:24 | ICT

    Canadia Bank wins Best Domestic Bank award 2018, awarded by the International Finance Magazine, London, UK.

  • Thailand’s jittery retail sector seeks government tax cuts, campaigns

    Publication date 13 February 2019 | 14:35 | ICT

    THE Thai Retailers Association (TRA) on Monday said consumer spending is growing at a less than optimal rate in the first half of this year and has suggested that the government consider cutting taxes on luxury goods and launch campaigns such as a “Thailand Grand Sale” to attract tourists.

  • China aims to lift at least 10 million out of poverty

    Publication date 13 February 2019 | 16:07 | ICT

    CHINA will continue to work vigorously to improve livelihoods and lift no less than 10 million people out of poverty this year in order to lay a solid foundation for winning the battle against poverty, a State Council executive meeting chaired by Premier Li Keqiang decided on Monday.