The Cambodian economy is expected to return to positive growth in 2021 after experiencing a contraction last year, the ASEAN+3 Macroeconomic Research Office (AMRO) said in a press statement. “Despite disruptions in domestic activity due to the recent lockdown, the Cambodian economy is projected to grow by 4 percent in 2021, led by a robust […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may keep interest rates at record lows this week amid the projected slow recovery from the pandemic-induced recession and steady inflation for the month of April. In its latest economics insights, Bank of the Philippine Islands (BPO) said the Monetary Board may keep its policy rate […]
Read MoreRestaurant operators have asked Prime Minister Prayut Chan-o-cha to ease Covid-19 restrictions, including lifting the ban on dine-in services. Food and beverage operators have been suffering because of the restrictions imposed by the Centre for Covid-19 Situation Administration, said Pasinee Pitaknilpradap, president of the Restaurant and Goods Product Association (RGPA). The government has increased its […]
Read MorePETALING JAYA: Malaysia’s labour force situation improved in March as the number of people employed rose by 0.2% or 34,300 persons to 16.08 million from 16.05 million in February. The Statistics Department said yesterday there was a higher labour force participation rate (LFPR) at 68.6% (February 2021: 68.5%). “During the month, the number of employed […]
Read MoreCambodia is well-prepared to minimise economic risks when it graduates from its Least Developed Countries status, according to a senior official at the Ministry of Commerce on May 7. Four LDCs – Cambodia, Laos, Bangladesh and Nepal – met at a virtual workshop last week to explore potential solutions for managing a smooth exit from […]
Read MoreThe country plans to waive its mandatory quarantine for vaccinated visitors to its capital Bangkok and top tourist destinations from October, deputy government spokeswoman Traisulee Traisoranakul said on Friday, in a bid to revive a key industry battered by coronavirus travel curbs. The new measure means easier access to hotspots like Pattaya, Phangnga, Koh Samui, […]
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Thailand
