MANILA, Philippines — The Philippines would have to ramp up its innovation strategies to ensure sustained upgrade of its goal toward a higha-income country status. Socioeconomic Planning Secretary Karl Chua, as chair of the first National Innovation Council (NIC) meeting, emphasized the need to promote innovative solutions and raise the country’s overall productivity. Chua said […]
Read MoreCross-border trade in 2021 between Thailand and Cambodia expanded by 16.63 percent to 144.9 billion bhat last year, am amazing achievement despite the borders being closed significantly last year. Overall, Thailand’s cross border trade grew 30 per cent compared to the previous year, the Commerce Ministry reported last week, while setting a target of 5-7 […]
Read MoreThailand’s unemployment rate eased in the fourth quarter of last year, and bachelor’s degree holders still maintain the highest unemployment rate, according to the latest survey by the National Statistical Office. Piyanuch Wuttisorn, director-general of the National Statistical Office, reported on Monday 630,000 workers were left unemployed in the fourth quarter of last year, representing 1.6% […]
Read MoreFeb 8 : Malaysia’s industrial production in December rose 5.8per cent from a year earlier, below forecast, government data showed on Tuesday. December’s industrial production was expected to rise 7.1per cent, according to 12 economists surveyed in a Reuters poll. Source: Reuters
Read MoreINDONESIA’S economic growth quickened in the final quarter of 2021, powered by resurgent domestic demand and the global commodity boom even as a virus resurgence looms. Gross domestic product (GDP) in the three months through December grew 5.02 per cent from a year earlier, the country’s statistics agency said on Monday (Feb 7), against the […]
Read MoreNo takers for rediscounting facility MANILA, Philippines — The peso rediscounting loan facility of the Bangko Sentral ng Pilipinas (BSP) has no releases in January as banks remain awash with cash. Rediscounting is one of the credit facilities offered by the BSP to qualified banks with active rediscounting lines to meet their temporary liquidity needs […]
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