MANILA, Philippines — Amid harsh economic conditions, majority of Filipinos want the Marcos administration to prioritize taming inflation and boosting wages, according to a new Pulse Asia survey released Tuesday. Results of a nationwide poll of 1,200 adults conducted from June 24 to 27 showed 57% of respondents saying they want the Marcos administration to […]
Read MoreTHAILAND faces a shortage of about 500,000 foreign workers in its manufacturing and services sectors to support an economic recovery from the pandemic, with the government having lifted almost all Covid-related travel and business restrictions. A combination of factors including civil strife in Myanmar and virus outbreaks in neighbouring countries has led to fewer-than-expected people […]
Read MoreKUALA LUMPUR, July 12 — The country’s economic recovery is expected to hit a soft patch in the second half (H2) of the year, Socio-Economic Research Centre (SERC) executive director Lee Heng Guie said Based on SERC’s forecast, Lee said this is expected due to weakening global growth, rising inflation, a higher cost of living, […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to development of the fledgling e-commerce industry in Cambodia, experts said on Monday. Cambodia’s market value of e-commerce had surged to 970 million U.S. dollars in 2021, up 19 percent from $813 million in 2020, according […]
Read MoreForeign tourist arrivals could reach 8 million this year after recording higher numbers over the past few months, says the governor of the Bank of Thailand. The number of foreign travellers entering Thailand has risen to around 30,000 per day. If the increase in numbers continues until the end of this year, international tourist arrivals […]
Read MoreMANILA, Philippines — Wholesale prices of goods moved up at a slower pace in May from the previous month as four commodity groups registered lower increases, the Philippine Statistics Authority (PSA) said. Data from the PSA showed growth in the general wholesale price index (GWPI) at the national level slowed to 7.9 percent in May […]
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