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Understaffed businesses need 300,000 plus workers in HCMC

Understaffed businesses need 300,000 plus workers in HCMC

Facing labor shortages, businesses and factories in HCMC need around 310,000 workers this year should Covid be controlled. According to a recent survey by the HCMC Center of Forecasting Manpower Needs and Labor Market Information (Falmi), the city’s labor market faces two scenarios depending on future Covid development. If Covid-19 …

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Singapore economy rebounds from virus-induced recession

Singapore economy rebounds from virus-induced recession

Singapore’s economy grew 7.2 percent last year, rebounding from its worst recession since independence sparked by the coronavirus pandemic, government data showed Monday. The city-state plunged into its worst economic performance in 2020 as businesses and international borders shut down, choking its trade and tourism economic lifeline. Authorities initially imposed …

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