Thailand’s economy is still expected to grow 1% this year due to the impact of a coronavirus outbreak, but growth is expected to accelerate to 3.9% next year, driven by a recovery in service sector activity, the World Bank said on Tuesday. Thailand’s economy is still expected to grow 1% this year due to the […]
Read MoreThe State Bank of Vietnam (SBV) is still intensifying the degree of monetary easing, even when many other countries have recently opted for doing just the opposite. Keeping an expansionary monetary policy in Vietnam is necessary in the context the economy is in the early stage of recovery and the majority of enterprises are in […]
Read MoreThailand plans to unveil detailed rules for digital assets to minimise risks to the financial system and provide greater investor protection as more people are drawn to cryptocurrencies, according to the central bank. The Bank of Thailand will release a consultation paper on “Financial Landscape” in January that will seek a consensus around the red […]
Read MoreMANILA, Philippines — The country’s outbound shipments may not be able to immediately save the country’s trade performance, which was already up for a weak start in the fourth quarter. In its latest economic monitor, Pantheon Macroeconomics said trade data for October has painted a benign start to the last quarter of the year. In […]
Read MoreInternational Monetary Fund (IMF) has wrapped up two weeks of talks with Cambodian authorities, forecasting a gradual return to 6.5 percent economic growth in the medium term. However, it warned of three downside risks to growth: a resurgence of the Coronavirus pandemic, the possibility of rising bad loans and the dangers of climate change. The […]
Read MorePETALING JAYA: Malaysia’s economy is expected to stage a healthy growth by year-end, underpinned by pent-up consumer demand, robust exports and the lifting of Covid-19 restrictions domestically and abroad. Economists are in sync with the government’s projection of between 3% and 4% of gross domestic product (GDP) growth for 2021. AmBank Group chief economist Anthony […]
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