The Royal Government will stand by its forecast that the economy will not contract by more than -1.9 percent this year. In addition, it has forecasted that positive growth will return in 2021 with an estimated 3.5 percent. MEF spokesman Meas Soksensan, told Khmer Times that the government will stand by its forecast made earlier this year. […]
Read MoreMANILA, Philippines — The peso is expected to remain resilient as it continues to emerge as the strongest performing currencies in the region amid the pandemic, according to the Bangko Sentral ng Pilipinas (BSP). In an interview with ANC’s Market Edge, BSP Governor Benjamin Diokno said “things are looking good with respect to the peso” […]
Read MorePublic investment should play a “central role” in boosting the economies of emerging and advanced economies as they struggle to recover from the coronavirus downturn, the International Monetary Fund (IMF) said Monday. With interest rates at rock bottom around the world, the Washington-based crisis lender said now is the time for governments to take action […]
Read MoreThe Hanoitimes – The US Chamber of Commerce (AmCham) will emphasize that trusted partners prosper together at an annual US-Vietnam Business Summit later this week. On the occasion of the US-Vietnam Business Summit 2020, Adam Sitkoff, executive director of the American Chamber of Commerce (AmCham) in Hanoi told Hanoitimes about promoting an innovative and sustainable business environment in […]
Read MoreSINGAPORE: Singapore’s budget will likely be challenging for a number of years as officials look to balance fiscal sustainability with generous aid amid a long recovery, and signalled that higher taxes may be on the line. Operating revenues this financial year will probably be 16% lower than the government estimated in February, Deputy Prime Minister […]
Read MorePailin Chuchottaworn, head of a panel steering the economic recovery, on Monday urged the government to reopen the country in order to prevent it from collapsing. He said that despite the lockdown having been gradually eased six times, the country’s output would not improve unless the country reopens, albeit with precautionary measures. This year’s annual […]
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Thailand
