MANILA, Philippines — The government ramped up its borrowings in the first semester to nearly P2 trillion in an effort to speed up the economy’s recovery from the impact of the pandemic. According to the Bureau of the Treasury, the borrowings increased by more than 12 percent to P1.93 trillion in the first half, from […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) increased by 1.4% in June this year,, as higher mining output offset the declines in electricity and manufacturing and exceeding the forecasts by Bloomberg and Reuters. The improvement in the June IPI bucked a Bloomberg survey of a 1.5% contraction while Reuters’ survey of 10 economists expected the […]
Read MoreMany countries are promoting vaccinations and reopening their economies. As a result, demand for Vietnam’s textiles, footwear, furniture, and electronic products is on the rise. Data from the General Department of Customs of Vietnam shows that Vietnam’s import and export revenue was very impressive in the January-July period of 2021. The total import-export value was […]
Read MoreGrab Holdings Inc – poised to become the most valuable Southeast Asian tech unicorn to go public on the NASDAQ later this year – reported stronger-than-expected revenue last quarter on the back of its food delivery service. The company announced in June that it would delay its initial public offering to the fourth quarter in […]
Read MoreMANILA, Philippines — Economists are not expecting any surprises as the Bangko Sentral ng Pilipinas (BSP) is likely to keep interest rates at record lows to support the economy’s faster recovery from the pandemic-induced recession. Bansi Madhavani, senior economist at ANZ Research, said the easing inflation reaffirms that the central bank would likely keep an […]
Read MoreAs the outbreak continues to escalate, housing developer sentiment for the next six months is expected to reach its lowest point in the third quarter of 2021 since the first quarter of 2009, with non-listed firms showing the greatest concern. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the expectations index […]
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Thailand
