MANILA, Philippines — The tourism comeback is expected to be a significant growth driver for the Philippines this year, according to S&P Global Market Intelligence. In a report released yesterday, S&P Global Market Intelligence Asia-Pacific chief economist Rajiv Biswas said the easing of pandemic-induced travel restrictions last year has allowed a gradual reopening of both […]
Read MoreThe performance of Thai corporations should gradually improve this year as the domestic economy recovers and inflationary pressures ease, according to analysts at Fitch Ratings’ 2023 Thailand Corporate Credit Outlook & Asean ESG conference in Bangkok recently. Lertchai Kochareonrattanakul, senior director of corporates at Fitch Ratings (Thailand), said in his presentation that a pick-up in domestic demand and […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) will offer Cambodia new avenues for economic growth, a legal luminary has opined. Dr Sok Siphana, Managing Partner of Sok Siphana and Associates as well as one of the leading authorities on Cambodia’s legal system, international relations and economy, made the observation while delivering the keynote address at the […]
Read MoreThe number of foreign visitors to Vietnam is predicted to see a 1.5-fold increase following the extension of tourist e-visas from 30 to 90 days from August 15, according to insiders. It is part of the Law on amendments and supplements to a number of articles of the Law on the Exit and Entry of […]
Read MoreThe recent inflation rate published by the Bank of Lao PDR (BOL), shows signs of a weakening economy as year-on-year inflation rises. The year-on-year inflation rate from June this year was 28.64%, a significant decrease from last month‘s figure of 38.86%, but higher than last year’s rate of 23.61% for June. According to the Inflation Report by […]
Read MoreMANILA, Philippines — While most economists are convinced the Bangko Sentral ng Pilipinas (BSP) has ended its tightening cycle by keeping key policy rates steady over the past two months, some still believe the door for rate hikes remains open. Moody’s Analytics said the BSP’s Monetary Board remains hawkish as it stands ready to respond […]
Read More
Thailand
