phil05
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Philippines: Economy likely sustained growth in 2nd quarter

MANILA, Philippines — The economy likely sustained  the strong economic rebound  in the second quarter with a gross domestic product expansion of between eight and nine percent after a stronger-than-expected GDP growth of 8.3 percent in the first quarter, according to Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla. “Probably eight or nine percent,’’ he […]

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Cambodia: $665M Covid-19 stimulus package mitigates impact

The Cambodian government’s stimulus packages of $665 million in total have mitigated the impact of Covid-19 pandemic on the country’s gross domestic product (GDP), unemployment rate, household income, consumption and poverty rate, according to a new research report. The government rolled out rapid cash transfers for the first time in June 2020 among other stimulus […]

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