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Thailand: Recovery momentum picks up in Q3

Thailand’s economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house. GDP contraction has been upgraded to 6.4% from a 10.3% decline projected previously, attributed to an improved revision of all economic indicators, […]

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Indications of new strength in bilateral trade with Thailand

An announcement of the upcoming opening of a Cambodian representative office in Bangkok coincided this week with the general manager of Thailand’s largest air conditioner and solar energy supplier, PPJ. Engineering Co (PPJ), giving assurances of expansion into the Kingdom next year, positive indicators that the strengthening of ties between the nations is gaining steam. […]

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Philippines: Growth to resume only by 2022

MANILA, Philippines — Growth will likely return to its pre-pandemic trajectory by the middle of 2022 when the economy has fully adapted to interventions and precautions implemented in line with its reopening, according to acting Socioeconomic Planning Secretary Karl Chua. Speaking during the BusinessWorld Virtual Economic Forum yesterday, Chua said while there would certainly be […]

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