MANILA, Philippines — Businesses are ramping up expansion and hiring more workers as the economy continues to reopen after stalling last year due to strict mobility restrictions brought about by the COVID outbreak, according to the Bangko Sentral ng Pilipinas. BSP senior director Redentor Paolo Alegre said the results of the fourth quarter 2021 Business […]
Read MoreHigh inflation rates arent bad news for everyone. They can be helpful for debtors — which in todays world economy means almost everybody. In the second quarter of this year, measures of household and business debt as a share of economic output saw some of the steepest drops on record in several advanced economies, according […]
Read MoreThe baht opened at 33.37 to the US dollar on Monday, weakening from the previous closing of 33.35. The Thai currency is likely to move between 33.30 and 33.45 during the day and between 33.25 and 33.50 during the week, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might strengthen if […]
Read MoreLong Dimanche, Deputy Governor of Preah Sihanouk Province, and Tu Xiaogang Du Xiaogang, Party Secretary of the Chinese Communist Party Committee in Wuxi, on December 17, chaired an online meeting on promoting regional development. Sihanoukville Special Economic Zone 2.0 (SSEZ). Xiaogang, said that the video meeting was to determine the future of the Sihanoukville Special […]
Read MoreHÀ NỘI — Việt Nam will not develop coal-fired power plants after 2030 to meet its international commitments on achieving net-zero carbon emissions by 2050. Accordingly, the Government has assigned the Ministry of Industry and Trade (MoIT) to study and implement the National Power Development Plan for the 2021-30 period with a vision to 2045 (PDP8) so […]
Read MoreMANILA, Philippines — Japanese firms are looking for opportunities in manufacturing, power, construction and food processing in the country. During the Global Biz Forum organized by the Philippine Economic Zone Authority (PEZA), Department of Trade and Industry – Philippine Trade Investment Center – Tokyo commercial counsellor Dita Angara-Mathay noted there has been an increase in […]
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