The Fiscal Policy Office (FPO) has downgraded its forecast of Thai economic expansion this year to an average 1% from the previously predicted 1.3% mainly as a result of the resurgence of the Covid-19 pandemic in April, which severely impacted the country in the third quarter. The state agency’s director-general Pornchai Thiraveja said Thailand’s economy […]
Read MoreSixteen banks in Vietnam reduced a total of VND12.23 trillion ($536.2 million) in interest rates for borrowers affected by the COVID-19 pandemic from July 15 to September 30, equivalent to 59.36% of their commitments. Sixteen banks in Vietnam reduced a total of 12.23 trillion VND (536.2 million USD) in interest rates for borrowers affected by […]
Read MoreMANILA, Philippines — The Philippine economy can gain around P32 billion per week once the pandemic alert in Metro Manila and the rest of the country is eased to the lowest level. During a webinar organized by the Economic Journalists Association of the Philippines yesterday, Socioeconomic Planning Secretary Karl Chua said Metro Manila would gain […]
Read MoreKUALA LUMPUR, Oct 29 — The unemployment in the country rate is anticipated to fall and return to the full employment level at four per cent in 2022. According to the Economic Outlook 2022, the unemployment rate is expected to decrease compared to this year which remained relatively high at 4.6 to 4.8 per cent […]
Read MoreSINGAPORE – Singapore’s labour market improved in the third quarter of this year, compared with the second quarter, despite the continuing heightened Covid-19 restrictions, the Manpower Ministry (MOM) said in advanced estimates released on Friday (Oct 29). The number of retrenchments fell and total employment decline also slowed – thanks to resident employment, which covers Singapore citizens […]
Read MoreMANILA, Philippines — The government’s outstanding liabilities in September already surpassed the Duterte administration’s forecast for the entire year, continuing a pandemic-led ascent to levels that may alarm some watchers. The state’s debt burden amounted to P11.92 trillion as of end-September, 2.4% heavier than the preceding month’s level, the Bureau of the Treasury reported Friday. Since […]
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Thailand
