The tourism-reliant economy could contract in the first quarter from the preceding three months and the corresponding year earlier period due to the impact of a new coronavirus outbreak, the central bank said on Wednesday. The Southeast Asian country had largely contained the spread of Covid-19 by mid-2020, but a new outbreak that emerged in […]
Read MoreThe National Bank of Cambodia yesterday released a data on the money supply of the nation in 2020. According to the National Bank of Cambodia (NBC)’s statistics, at the end of 2020, broad money surged to KHR 136.5 trillion, up by 15 percent compared to the previous year. The currency outside depository corporations reached KHR […]
Read MoreMANILA, Philippines — Philippine banks remain at risk amid the prolonged weakness of the property sector despite the recovery in prices in the fourth quarter of last year, according to Fitch Ratings. In a report, the debt watcher said the Philippines’ property market would remain weak amid the impact of the pandemic. “We expect the […]
Read MoreThe biggest challenge for Vietnam’s economy in 2021 is whether the country could deal with another resurgence of Covid-19 outbreak. As domestic production and services sectors continue to struggle with Covid-19 impacts, external trade with the foreign-invested sectors playing a leading role will serve as the driving force for Vietnam’s economic growth this year. This […]
Read MoreMANILA, Philippines — Inflation is likely to hit as much as 5% this month even as signs are emerging that tight meat supplies responsible for the price uptick in recent months are abating, the central bank said on Wednesday. The official projection is pegged between 4.2% and 5% inflation for March, this time driven by […]
Read MoreMANILA, Philippines — The Philippines slid by a notch in a global ranking of gender equality after headways to bring more Filipinas to the labor force got stunted while the pandemic wiped out gains in closing gender gaps around the world. Out of 156 countries, the Philippines inched down to the 17th spot in this […]
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Thailand
