Fri08222014

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ILO, ADB cite downside of 2015 Asean integration

A joint report crafted by the International Labor Organization (ILO) and the Asian Development Bank (ADB) revealed on Wednesday that 14 million new jobs will be created with the forthcoming Asean economic integration next year.

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Malaysian government partners with private firms to entice women to return to labor market

WOMEN in Malaysia who have stopped working to raise their families are being enticed to rejoin the labor market as the country tries to boost Southeast Asia’s lowest female work force participation rate.

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Services sector: A few highlights

WITHIN Asean, the services sector accounts for 40 percent to 70 percent of each economy’s gross domestic product (GDP). Education, the upgrading of local skills, infusion of foreign skills (which will lead to mutual technology/knowledge transfer), and overall productivity increases are the cornerstone of a competitive economy.

Read more: Services sector: A few highlights

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