MANILA, Philippines — The country’s recovery remains fragile despite emerging from the pandemic-induced recession in the second quarter with a gross domestic product (GDP) growth of 11.8 percent, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. “While the economy has turned the corner, the recovery remains fragile,” Diokno said in an interview with […]
Read MoreCambodia’s economic growth is projected to see robust growth next year because of economic recovery resulting from the government’s Covid-19 vaccination programmme. The growth projection was made by Aun Pornmoniroth, deputy prime minister and minister of economy and finance during a parliamentary workshop on building a macroeconomic policy framework and the allocation of public finances […]
Read MoreIt is a golden time to invest in Vietnam’s e-payment service. Vietnam’s projected penetration rate in the mobile point-of-sale segment in 2021 is listed in Asia’s top 3, including China and South Korea, according to the latest survey conducted by the German-based research market firm Statista. The latest Digital Market Outlook showed about 29.1% of […]
Read MoreChina allowed 56 longan packaging companies to resume exporting Thai longan to China on Aug 17, reversing a ban imposed on Aug 13, according to the Commerce Ministry. Mallika Boonmeetrakook, advisor to the commerce minister, said on Wednesday that the Chinese government gave the green light to 56 longan sorting and packaging companies with records […]
Read MoreCambodia’s aggressive vaccination record is showing results that indicate it is becoming increasingly likely the Kingdom will reopen ahead of neighbouring countries. The news follows analysis by Mekong Strategic Partners (MSP). “I think it’s fair to say that Cambodia has exceeded everyone’s expectations. The government has been criticised in part for what they’ve got wrong […]
Read MoreMANILA, Philippines — The earnings of the Bangko Sentral ng Pilipinas (BSP) more than doubled to P30.21 billion in the first five months from P14.04 billion in the same period last year on higher trading gains and operating income. Data from the central bank showed total revenues mostly comprised of interest income on foreign investments, […]
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Thailand
