MANILA, Philippines — Gross domestic product (GDP) likely inched up 0.8 percent in the January to March period, according to London-based think tank Capital Economics. “Given the spike in (COVID) cases and reintroduction of strict containment measures from the very end of March, first quarter GDP data are already news,” Capital Economics said in its […]
Read MoreCredit pumping into real estate takes a large share in the total outstanding loans, following by corporate bonds and stock market. High amount of credit channeled into real estate, stock market and corporate bonds continue to cause risks to the banking sector, requiring stronger measures to tighten outstanding loans into these fields. The State Bank […]
Read MoreThe third wave of the pandemic has unnerved businesses who previously believed they would be able to recover this year after Covid-19 walloped their income in 2020. Complicated by a more contagious UK Covid-19 strain, the third wave has seen more than 1,000 infections a day since April 14, with deaths climbing to double digits […]
Read MoreJAKARTA: Indonesia’s consumer confidence index rose to 101.5 in April, from 93.4 a month earlier, indicating optimism returning for the first time in a year as worries over the coronavirus pandemic eased, a central bank survey showed on Monday. A reading above 100 indicates optimists outnumber pessimists on the outlook for the economy. The index […]
Read MoreMANILA, Philippines — Even as the rise in the prices of consumer goods was tempered last month, inflationary pressures remain due to the normalization of oil prices and still elevated meat prices, according to the Department of Finance (DOF). In an economic bulletin over the weekend, Finance Undersecretary and chief economist Gil Beltran said base […]
Read MoreKUALA LUMPUR: A survey by LinkedIn has identified 15 top companies in Malaysia which have continued to hire new employees despite the ongoing pandemic that has severely affected business activities. According to GKK Consultants Sdn Bhd, the poll by the social networking website for business professionals revealed that more than 45,000 jobs are currently waiting […]
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Thailand
