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IMF: Vietnam’s inflation in 2021 may remain at 4%

The prolonged COVID-19 pandemic is forecast to keep hampering Vietnam from reducing inflation this year, despite the strong efforts to stimulate fiscal and monetary policies. According to the International Monetary Fund (IMF), inflation in Vietnam will be 4 per cent, higher than last year’s 2.31 per cent. IMF emphasised that the risk of slowing down […]

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Thailand: Songkran water splashing likely to be allowed

Water splashing will probably be allowed during the Songkran festival next month, Culture Minister Itthiphol Kunplome said on Tuesday. It should get the green light because the daily number of new Covid-19 cases had dropped from three digits to only two digits, the minister said. He also thought it possible people travelling around on trucks […]

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Philippines’ unemployment rate steady at 8.7% in Jan

[MANILA] The Philippines’ unemployment rate remained at 8.7 per cent in January, unchanged from the last official survey in October, with more people rejoining the labour force as the country relaxed coronavirus curbs and reopened the economy. The South-east Asian nation, one of the region’s fastest growing economies before the pandemic, is grappling with a […]

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Thailand: Reopening hinges on jab strategies

Vaccination will have a profound impact on Thailand’s tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research). “Thailand’s path to economic recovery will mostly depend on the tourism industry [outlook] as to when the country will reopen for foreign tourist arrivals. […]

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Cambodia: Gender equality vital to boosting economic output

According to an Asian Development Bank (ADB) report, increasing job opportunities in decent work for women is essential for growth and vital for the advancement of economic and social development in Cambodia. However, it also said that attitudes toward providing decent work to men and women alike, irrespective of their ethnic origin and class, continue […]

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