Although vaccines have begun to be administered in the Kingdom, a resurgence in cases and talk of new virus variants continues to fuel economic uncertainty. Tourist numbers dropped by over 70 percent between January and September of 2020 year-on-year. The disruption of the global supply chain resulted in a chokehold on the Kingdom’s exports and […]
Read MoreMANILA, Philippines — A bad jobs report on Tuesday solidified the government’s stance against a return to broad lockdowns even as coronavirus infections are staging a deadly comeback. “We cannot afford to go back to the hard lockdown situation and lose our jobs again,” Labor Secretary Silvestre Bello III said Tuesday in a statement. […]
Read MoreSingapore-based oil and gas firm KrisEnergy Ltd began extracting crude oil from four additional wells late last month, according to Cheap Sour, a senior official at the Ministry of Mines and Energy. This comes after the December 28 maiden oil extraction from the A-01D well – part of the five-well mini-platform featured in KrisEnergy’s “Mini-Phase […]
Read MoreThailand ranked 3rd in ASEAN, 9th among 40 Asia-pacific countries and 42nd in the World on the most recent on Economic Freedom index. Singapore tops the list for the second consecutive year, followed by New Zealand and Australia. The report, by American conservative think tank, The Heritage Foundation, stated that the Thai economy registered its […]
Read MoreThe Hanoitimes – An e-commerce credit evaluation system is needed to increase customer confidence in purchase and payment. Vietnam needs to set up an e-commerce credit evaluation system and perfect its legal framework to promote the development of Vietnam e-commerce market in 2021-25, said the Vietnam e-Commerce and Digital Economy Agency (iDEA) under the Ministry of […]
Read MoreMANILA, Philippines — The anticipated economic rebound in the country would finally take shape in the second quarter, but a full-year recovery would have to wait until the next administration, the investment banking arm of the Metrobank Group said. In its latest Market Call report, First Metro Investment Corp.(FMIC) and Capital Markets Research of the […]
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