MANILA, Philippines — The country’s group of exporters is seeking more financial support from the government to aid the export sector’s recovery from the pandemic-induced slowdown. “The stronger economic recovery in the third and fourth quarters this year is premised on the projected rebound in exports that should hasten the return of the Philippines back […]
Read MoreThis deep-water port is designed to become one of the world’s major ports in the future. Prime Minister Nguyen Xuan Phuc has agreed on the building of a free trade zone at Cai Mep International Terminal (CMIT) to pave the way for multinationals shifting their supply chains here – a move set to help the […]
Read MoreTax revenue from Cambodia’s casino industry cratered in 2020 as Covid-19 prompted the government to tighten entry restrictions, limiting the number of international visitors to the Kingdom, according to a Ministry of Economy and Finance senior official on March 21. The ministry’s deputy director for financial industry Ros Phearun told The Post that tax collected […]
Read MorePETALING JAYA: With the rollout of government blueprints and economic plans underway, economists say such initiatives should be closely monitored and properly executed to ensure the country’s sustainability. They suggested that a reasonable timeframe be given for the implementation to attain the desired goals. According to AmBank Group chief economist Anthony Dass (pic, below) , […]
Read MoreThe pandemic hit the tourism industry the hardest, which is expected to take several years to fully recover. Yet some folks are looking at this period as an opportunity to accelerate the move towards sustainability. The recent “Top Countries for Sustainable Tourism” report from market researcher Euromonitor International found 66.4% of consumers globally want to […]
Read MoreMANILA, Philippines — The country’s risks from debt exposure are minimized even as the share of debt to gross domestic product (GDP) rose to a 14-year high in 2020, according to the Department of Finance (DOF). In an economic bulletin released over the weekend, Finance Undersecretary Gil Beltran said the low interest rate regime helped […]
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Thailand
