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Thailand: Region’s state debt reaches 18-year high

The average government debt level in Asia-Pacific is at an 18-year high, with most developing economies in the region trying to stabilise it at current levels by 2027, according to recent research. According to a survey by the UN Economic and Social Commission for Asia and the Pacific (UN Escap), the number of countries rated […]

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Philippines: ‘Investments to address declining exports’

MANILA, Philippines — There is a need for more investments in the country to address declining exports, as these will play a crucial role in enhancing the Philippines’ capacity to produce and export more products with a higher value, according to Trade Secretary Alfredo Pasual. “Evidently, we need to diversify our export basket, and investments […]

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