Less than a month after the second wave of the pandemic subsided, Thailand faced a tsunami of Covid-19 infections in April and early May, posing a threat to economic stability. While countries with high inoculation rates such as the US have moved past rigid measures, the Thai government has stumbled in providing vaccination. The state […]
Read MoreMANILA, Philippines — Inflation likely accelerated in April due to the increase in the prices of oil and food products, economists said. Philippine National Bank vice president and head of research Alvin Arogo said inflation likely quickened to 4.9 percent in April from 4.5 percent in March mainly due to the lifting of the pork […]
Read MoreThe Federation of Thai Industries (FTI) will go ahead with its plan to import vaccines for companies which want to distribute them to employees, while the Thai Chamber of Commerce (TCC) accepted that it might be too late for the private sector to procure vaccine supplies amid intense global demand. A statement issued by TCC […]
Read MoreMANILA, Philippines — Developing economies in Asia-Pacific, including the Philippines, need to strive harder to address inequality as decades worth of gains in reducing poverty have been pushed back due to the pandemic. In yesterday’s virtual discussion organized by BusinessWorld in partnership with The STAR, Asian Development Bank (ADB) chief economist Yasuyuki Sawada said the […]
Read More[YANGON] Myanmar still expects to export 2 million tons of rice this year, despite a warning from the World Food Programme that millions of people in the strife-torn nation may struggle to afford food over the next few months. Shipments of the grain fell about 35 per cent in February through April from a year […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bank lending continued its growth streak in March, rising 0.7 per cent on higher housing loans, data from the Monetary Authority of Singapore (MAS) showed on Friday (April 30). Loans through the domestic banking unit – which captures lending in all currencies but reflects mainly Singapore-dollar lending – stood at $691.23 […]
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Thailand
