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Thailand: Airlines seek July reopening date

Covid-19 vaccinations for airline workers have to proceed within the next two months to be aligned with the tourism sandbox in Phuket aiming for July, says the Airlines Association of Thailand (AAT). “A tourism rebound will largely depend on the pace of inoculations which can build confidence among both workers and passengers,” said Puttipong Prasarttong-Osoth, […]

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Vietnam: Inflation rate rises, new interest rates set

Some commercial banks have raised deposit interest rates following an 8-year inflation rate high in February. Analysts believe a new interest rate floor will be set in the second quarter. Techcombank and VPBank’s moves of raising deposit interest rates in early March have been followed by a series of other banks. Agribank and Vietcombank, two […]

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Philippines risks double-dip recession

MANILA, Philippines — The renewed tighter restrictions in the capital due to surging COVID-19 cases may put the Philippine economy at risk of a double-dip recession, a global think tank said, but the government maintained that the economy remains on track for recovery and growth. In its latest economic monitor, UK-based Pantheon Macroeconomics said the […]

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