MANILA, Philippines — The Philippine economy is expected to register a substantial 15 percent growth in the second quarter, largely due to low base effects, but also owing to a tailored approach in restrictions following a second wave of COVID-19 cases, a foreign think tank said. In its latest economic monitor, UK-based Pantheon Macroeconomics said […]
Read MoreCambodia and Thailand have pledged to facilitate the two nations’ bilateral trade at cross-border checkpoints in order to boost it towards its previously set target of $15 billion. The news was revealed at a meeting between Cambodia’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Thai Deputy Prime Minister […]
Read MoreEconomic and tourism recovery driven by vaccinations will help revive the sluggish property market in tourism-reliant provinces which have been hit hard since the spread of Covid-19. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the property market of provincial economies that rely on tourism felt a severe impact from the […]
Read MoreASIAN consumers are set to account for half the world’s growth in consumption, amounting to some US$10 trillion by 2030, according to a research study from McKinsey Global Institute. But businesses hoping to tap this golden opportunity will face challenges of shifting preferences, demographics and diversity, the report warned. Gaping differences within consumer demographics, due […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) more than doubled in March as the gradual reopening of the economy further boosted investor sentiment, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the net FDI inflow amounted to $808 million in March, up by nearly 140 percent from […]
Read MoreThailand’s food exporters have found opportunities in the midst of the current crisis brought on by the COVID-19 pandemic. As consumers worldwide visit supermarkets and dine in restaurants less often, they are buying more processed and canned foods to cook at home as well as more ready-to-eat foods. Thailand recorded a healthy growth in the […]
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