Thailand’s economy is expected to endure greater risks next year because of higher limitations on fiscal and monetary stimulus, says Standard Chartered Bank (Thai). GDP is expected to expand by 3.1% this year, but will tumble to 2.5% growth in 2022, said the bank. This forecast conflicts with assessments made by other research houses and the […]
Read MoreMANILA, Philippines — Just when the economy is starting to heal from pandemic-induced wounds, an old enemy appears to be making a comeback to spoil a fragile recovery: inflation. The year potentially started with inflation breaching the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target for the year, complicating a slow grind toward full economic rebound […]
Read MorePETALING JAYA: Moody’s Investors Service’s move to affirm Malaysia’s A3 rating is testimony to the government’s strong fiscal discipline and robust medium-term growth prospects amid the Covid-19 pandemic, Tengku Datuk Seri Zafrul Tengku Abdul Aziz says. The Finance Minister said yesterday the rating agency acknowledged Malaysia’s economic prospects due to the earnest containment measures, including […]
Read MoreTHE mood among Singapore businesses has turned positive again, with more companies now expecting business prospects to improve than to worsen. Headline outlook for the first half of 2021 was a turnaround from the gloom seen last year, according to official quarterly surveys out on Friday. But the mood under the hood was patchy, with […]
Read MoreThe Hanoitimes – Vietnam’s exports in January surged over 50% against the same period of last year. Vietnam recorded an estimated trade surplus of US$1.3 billion in January, as Samsung boosted exports of its new flagship smartphone model S21, the General Statistics Office (GSO) has said in a monthly report. On breaking down, the domestic-invested sector […]
Read MoreCorporate leaders and senior officials attended the second Stakeholder Dialogue on Consumer Protection yesterday. The Kingdom drafted its Law on Consumer Protection in 2019 to comply with the Consumer Protection in ASEAN project, which aims to increase competitiveness in the region. The new law is designed to protect customers, ensure trade is fair and competitive […]
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