ASEAN Beat

Singapore Unemployment on the Rise, Hits 2.1 Percent

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ASEAN Beat

Singapore Unemployment on the Rise, Hits 2.1 Percent

Plus, the Philippines’ new three-tier defense system responds to U.S. travel warnings. Tuesday ASEAN links.

Some Tuesday ASEAN links:

Singapore’s aptly-named Manpower Ministry (MOM) reported a rise in overall unemployment for June, with the current figure at 2.1 percent. This represents an increase from 1.8 percent in December of 2012, according to Channel News Asia. MOM attributed the increasing number of unemployed to layoffs, initiated by business restructuring and consolidation.

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