Page 4 – ASEAN Economic Community Strategy Center

Philippines: Slower Q3 GDP growth seen

GROSS domestic product (GDP) growth for the Philippines in the third quarter this year is seen slowing down to the 5.9-percent to 6.6-percent range. The Bangko Sentral ng Pilipinas said in its latest Monetary Policy Report that the country’s GDP growth would settle within the revised 6.5- to 7.5-percent target set by the Cabinet-level Development […]

Thailand: Festival spending projected to hit B42.2bn

Spending at this year’s annual vegetarian festival, scheduled to run from Sept 26 to Oct 4, is expected to improve compared with tepid spending in 2021, when the pandemic was still raging. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), spending during the festival is expected to increase […]

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Philippines: Slower Q3 GDP growth seen

Thailand: Festival spending projected to hit B42.2bn