MANILA, Philippines — The Philippines is expected to be the second worst hit among emerging markets (EMs) as the Russia-Ukraine war continues to reverberate through commodity price shocks and heightened inflationary pressures. In its latest research brief, Oxford Economics said the Philippines ranked second out of 21 EMs in terms of commodity shock from the […]
Read MoreExports rose a much faster than expected 19.5% in March from a year earlier, boosted by surging shipments of gold and electronics, Customs Department data showed on Friday. That compares with a forecast for a rise of 2.4% in March in a Reuters poll and February’s 16.2% increase. Imports rose 18% year-on-year in March, also […]
Read MoreTHAILAND will scrap a mandatory Covid test on arrival as the South-east Asian nation rolls back some of the pandemic-era measures seen as deterring global tourists. The RT-PCR tests will be replaced with a voluntary self-administered antigen tests for those entering via air and land borders from May 1, Taweesilp Visanuyothin, a spokesman for the […]
Read MoreWithin the framework of the forum “Kon Tum Tourism – Potential and Prospects” from April 21 to 24, the People’s Committee of Kon Tum province will hold a ceremony to announce the Plan for Tourism Development in the Cambodia – Laos – Vietnam Development Triangle Area for 2021-2025 with a vision towards 2030. Director of […]
Read MoreThe government vows to move forward with its e-commerce development plan, aiming to increase domestic e-commerce revenue to more than 7.1 trillion baht by 2027, average growth of 10% annually. According to commerce vice-minister Sansern Samalapa, who chaired the 2022 E-Commerce Committee meeting yesterday, the group approved a draft national e-commerce development action plan phase […]
Read MoreMANILA, Philippines — The Philippine economy has to expand by more than six percent every year until 2028 to ensure that the government can repay the debts piled up by the Duterte administration during the COVID pandemic. Finance Secretary Carlos Dominguez III yesterday said the incoming administration should not only come up with a fiscal […]
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Thailand
