The Hanoitimes – In 2020, Vietnam’s GDP growth is set to hit 2.3% and then rebound strongly to 8% in 2021. The recovery prospects look brightest for Vietnam, which is expected to be the only Southeast Asian economy to record positive growth this year, according to the latest Global Economic Outlook report from Oxford Economics. In […]
Read MoreThailand will have to tolerate the possibility of new coronavirus cases when it reopens its borders to international tourists, but the country can minimise the impact and avoid a bruising level of unemployment with risk management, says the Tourism Authority of Thailand (TAT). After the country reported its first local transmission in 100 days last […]
Read MoreThe $30 million Worldbridge SME (small and medium enterprise) Cluster will break ground next month, according to a senior executive of Worldbridge Industrial Developments, the company behind the Industry 4.0 infrastructure. The cluster, located in Takhmao city of Kandal province opposite an affordable housing project and near the new planned Phnom Penh International Airport and […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is warning unemployment reached 2.5 million people in the first half this year and will keep growing next year if state stimulus packages are not strong enough to battle economic woes. The numbers, recorded between January to June this year, include 700,000 workers under labour […]
Read MoreMANILA, Philippines — The transformation of the local agriculture industry, anchored on the shift away from specific crops and toward a more demand-driven sector, is necessary to fast-track the economic recovery of the Philippines amid the coronavirus disease pandemic. During the virtual launch of its latest report yesterday, the World Bank said transforming agriculture into […]
Read MoreThe Finance Ministry is finalising details of the 3,000-baht cash handout scheme, with initial daily spending disbursed through an e-wallet application and a cap of 100 baht. Details are expected to be finalised by the Fiscal Policy Office before submission to the Center for Economic Situation Administration on Thursday, said a Finance Ministry source speaking […]
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