MANILA, Philippines — The country likely posted positive economic growth in the third quarter although at a slower pace after emerging from the pandemic-induced recession in the second quarter, according to private economists. Security Bank chief economist Robert Dan Roces said the country’s gross domestic product (GDP) likely expanded by 10.4 percent in the third […]
Read MoreEconomists and lawmakers in Laos have called for the government to capitalise on the benefits offered by the Laos-China railway to boost economic growth, while doing more to lower the inflation rate. With the railway attracting the attention of foreign visitors and investors, the government needs to expedite the vaccination programme and reopen the country […]
Read MoreThe unstable Thailand Pass has caused inconvenience for tourists, while tourism operators urge the channel to seek help regarding registration. Ratchaporn Poolsawadee, president of the Tourism Association of Koh Samui, said since the Thailand Pass was activated as a replacement for the certificate of entry (COE) on Nov 1, the association has received a lot […]
Read MoreThe Ministry of Labor has reported that nearly 500,000 people remain unemployed across the nation this year, including those already in the country and migrant workers who have returned to Laos due to the Covid-19 pandemic. Laos has a total of 496,000 unemployed, with 439,082 local employees and 56,918 migrant workers returning from overseas, KPL reports. […]
Read MoreThe Prime Minister is taking a series of solutions to implement socio-economic recovery in 2022, including raising the GDP by 6 – 6.5% and maintaining the CPI at 4%, after the economy was seriously affected by Covid-19. Reporting to the National Assembly, Prime Minister Pham Minh Chinh affirmed that one of the solutions is to […]
Read MoreMANILA, Philippines — SM Prime Holdings Inc. reported higher earnings in the first nine months, although a revenue slump during the period showed the property giant is not yet out of the coronavirus hole. Consolidated net income stood at P15.6 billion in the January-September period, up 9% year-on-year, the Sy-led company said in a statement […]
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