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Philippines not out of woods yet despite Q2 growth

MANILA, Philippines — Global financial institutions were not impressed by the strong rebound in the country’s economic output in the second quarter, noting that downside risks persist that could hinder a further recovery. American banking giant Citi and Fitch Solutions Country Risk & Industry Research said in separate reports that the Philippines is not out […]

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Thailand: Department warns egg price gougers

The Internal Trade Department is warning vendors who hoard and sell eggs at unreasonable retail prices they will face punishment of both jail and fines. Wattanasak Sur-iam, director-general of the department, said demand for eggs has significantly increased during the pandemic as more people stay at home for work. In addition, charity groups are buying […]

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Thailand: BCG model touted as solution for ailing economy

The bio-, circular and green (BCG) economy is likely the best model in the short term to revitalise a Thai economy battered by Covid-19 outbreaks, says Suvit Maesincee, the former higher education, science, research and innovation minister. Based on Thailand’s strengths in agriculture, its rich natural resources, diversity and physical geography, BCG is the best […]

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