MANILA, Philippines — Philippines economic growth likely slowed in the fourth quarter of last year as the damage caused by Typhoon Odette sapped the gains from relaxed COVID restrictions, according to Dutch financial giant ING Bank. Nicholas Mapa, senior economist at ING Bank Manila, said Philippine economic growth likely eased to 6.7 percent in the […]
Read MoreMariecar Jara-Puyod, Senior ReporterFifty years since it began its journey from being a “traditional seaport economy” to what has been hailed as the “Silicon Valley of the East,” the northwest coastal state of Penang takes center stage at the Malaysia Pavilion: Net-Zero Carbon Rainforest Canopy Pavilion of the ongoing World Expo, until Jan. 22 (Saturday) for […]
Read MoreJAKARTA (Reuters) – Indonesia’s annual economic growth in the fourth quarter is seen around 5%, which will take last year’s growth to 4%, finance minister, Sri Mulyani Indrawati, told a parliamentary hearing on Wednesday. Sri Mulyani said economic indicators have improved in the October-December quarter, with domestic consumption and production back to pre-pandemic levels, even […]
Read MoreBUSINESS interruption, cyber incidents and the pandemic outbreak are top risks for Singapore businesses in 2022, according to the Allianz Risk Barometer released on Tuesday (Jan 18). The survey, which polled 2,650 people worldwide, found that 53 per cent saw business interruption as a risk in 2022, securing its position as top risk for the […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has extended relief measures for banks to help sustain credit growth, and at the same time provide continued access to financial services to vulnerable sectors of the economy amid the resurgence in COVID- infections due to the more contagious Omicron variant. BSP Deputy Governor Chuchi Fonacier […]
Read MoreThe HCM City Export Processing and Industrial Zones Authority said the city’s industrial parks and processing zones hope to attract investment worth US$500 million this year. They attracted $600.79 million last year, well above the target, including foreign investment of $220.26 million, it said. Speaking at a meeting held to finalise plans for 2022 last […]
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Thailand
