MANILA, Philippines — The pandemic wiped out $43 billion (P2.2 trillion) in Philippine economic output last year, with the impact of the health crisis expected to be felt until the medium term, according to Tokyo-based think tank Japan Center for Economic Research (JCER). In a report, JCER said the 15 major economies in Asia lost […]
Read MoreThe Commerce Ministry’s Internal Trade Department is keeping a close watch on the prices of essential and agricultural products for the remainder of the year as floods are affecting parts of the country and energy prices are rising. Wattanasak Sur-iam, the department’s director-general, said products under the department’s focus include consumer products for daily use, […]
Read MoreEconomic experts say that for over 30 years of development, Vietnam has not yet built a strong team of private enterprises which play the role of a “launch pad” for the country’s economic development. The report on “Strengthening the private sector’s capacity in the new period” published recently by the Central Institute for Economic Management […]
Read MoreTEMPO.CO, Jakarta – The Ministry of Manpower is preparing several attempts regarding the decision of PT Hero Supermarket Tbk. to close all of its Giant outlets. One of them is by preparing facilities to help thousands of Giant supermarket employees that, reportedly, would be laid off based on the company’s decision. “To join re-skilling training at our vocational training centers (BLK),” said the ministry’s […]
Read MoreAFP – Asian markets were mixed yesterday following last week’s gains, with investors keeping a worried eye on a fresh Covid outbreak in China that could drag on the already stuttering economy. Long-running worries about inflation continued to cast a shadow over trading floors, though a healthy batch of earnings has tempered those concerns in the […]
Read MoreThailand’s used car market is expected to continue growing, thanks to the Covid-19 pandemic which boosted its growth to 20-30%, said the Association of Used Cars. The used car market recorded a 10% growth on yearly average before the pandemic hit Thailand at the beginning of 2020. “Normally the used car market grows slowly. Around […]
Read More
Thailand
