Investment pledges approved by the Board of Investments (BOI) reached P655.4 billion last year, 35 percent short of its P905 billion year-end target. In a statement on Tuesday, the BOI said the approved investment pledges during the period was also a huge decline from the P1.02 trillion recorded in 2020. The BOI said this was due to […]
Read MoreAn International Labor Organization (ILO) report estimates the number of unemployed workers in Vietnam this year at 1.3 million, higher than the 1.2 million last year. The figures were mentioned in a Monday ILO press release marking publishing of its report titled: “World Employment and Social Outlook: Trends 2022.” The 2022 unemployment projection is equal […]
Read MoreTHE wider adoption of digital payments in the country will have a favorable impact on inflationary trends in the future, according to the Bangko Sentral ng Pilipinas (BSP). “Digitalization is one of the huge changes that will have an effect in lowering the inflation in the long run,” BSP Governor Benjamin Diokno was quoted as saying in […]
Read MoreThe baht opened at 33.12 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 33.09. The currency is likely to move between 33.05 and 33.20 to the greenback during the day and even swing sideways unless it is influenced by a new factor, Krungthai Bank market strategist Poon Panichpibool predicted. Poon believed […]
Read MoreING Bank’s local unit raised its Philippine gross domestic product (GDP) growth estimate for 2021, but warned that economic expansion this year is likely to fall short of the government’s target. According to Nicholas Antonio Mapa, ING Bank Manila senior economist, the Philippine economy likely grew by 5.4 percent last year, aided by a 6.7-percent increase […]
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Thailand
