MANILA, Philippines — The Philippine economy likely grew faster than previously projected last year, and continued support from the government is needed to sustain the recovery, the ASEAN+3 Macroeconomic Research Office (AMRO) said. In a new report released Tuesday, the regional surveillance organization projected the country’s gross domestic product (GDP) to have grown 4.9% year-on-year […]
Read MoreThe government of Laos has identified certain large-scale investment projects will benefit from an influx of skilled workers, including the Amata Smart & Eco City in Luang Namtha and Oudomxay Provinces, the new international airport in Bokeo, a giant Buddha image construction project at the That Luang Marsh, an Infrastructure Development Project in the Golden Triangle, […]
Read MoreSINGAPORE – Singapore’s central bank tightened its monetary policy in a surprise off-cycle move on Tuesday (Jan 25), to help strengthen the Singapore dollar and combat inflation running at its fastest pace in nearly eight years. In its second tightening move in three months, the Monetary Authority of Singapore (MAS) raised slightly the “slope” or rate of appreciation of its Singapore dollar […]
Read MoreThe easing of Covid-19 prevention measures and allowing booze to be served until 11pm only applies to restaurants, not pubs, bars or karaoke joints, Public Health Minister Anutin Charnvirakul reiterated on Monday. The Centre of Covid-19 Situation Administration (CCSA) last week agreed to allow restaurants that meet all safety standards to extend the time they […]
Read MoreThe Finance Ministry confirmed on Monday that it will not cut fuel tax, pointing out that this would be the government’s last measure in maintaining fuel prices. Earlier, the Energy Policy and Planning Office had proposed that the fuel tax be cut to reduce pressure on the Oil Fund. Finance Minister Arkhom Termpittayapaisith said the ministry will […]
Read MoreThai food prospects remain promising, with exports forecast to grow by 8.4% this year driven by higher global demand and a rise in the prices of commodities, energy and logistics. According to Anong Paijitprapaporn, director of the National Food Institute, food exports are expected to fetch 1.2 trillion baht this year, which is likely to […]
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Thailand
