MANILA, Philippines — The Philippines has lost momentum in recovering from the pandemic due to the reimposition of movement restrictions and must now accelerate economic activities to catch up with regional counterparts, a think tank said yesterday. In a research briefing, UK-based Oxford Economics said the Philippines faces downside risks in growth expectations for the […]
Read MoreThe e-commerce sites of Vietnam Post and Viettel Post saw 33 more suppliers of agricultural products and regional specialities open new booths in the first 10 days of April. Of the 33 new suppliers, 21 were on Viettel Post’s Vỏ Sò (seashell) and 12 were on Vietnam Post’s Postmart. From April 1 to April 10, Postmart […]
Read MorePETALING JAYA: With most economists expecting inflation to increase in the coming months, all eyes are on the government’s plan to mitigate the impact on consumers’ purchasing power. As about 20 million Malaysians get ready to celebrate Hari Raya Aidilfitri in less than three weeks, concerns of costlier basic necessities in the market have been […]
Read MoreBusiness sectors are preparing to face a more critical impact than last year’s nationwide lockdown after a fresh wave of the contagion with more than 2,000 daily cases triggering stricter measures to contain the outbreak in Bangkok and other cities. Even though there is no order to close hotels in Bangkok, hospitality has been paralysed […]
Read MoreThe effectiveness of free trade agreements, especially the EU– Vietnam Free Trade Agreement, has helped to increase export orders for textile and garment enterprises in Vietnam, leading to high recruitment demand in the first and second quarter, according to Navigos Group, a recruitment service provider in Vietnam. Compared to the same period in 2020, the […]
Read MoreMANILA, Philippines — An expansionary monetary support remains warranted as the reimposition of strict mobility restrictions may impede the country’s faster recovery from the pandemic-induced recession, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In a virtual forum, Diokno said the Monetary Board is likely to keep its monetary policy accommodative in support […]
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