MANILA, Philippines — The country’s external debt surged by nearly 18 percent to $98.49 billion in 2020 from $83.62 billion in 2019 as the government borrowed more to finance its pandemic response efforts and various infrastructure projects, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. He attributed the increase to the issuance of […]
Read MoreInflation data THE Statistics Department is expected to report on the consumer price index (CPI) for February 2021 on Wednesday. Economists expect inflation to decline 0.5% in February although crude oil is in the mid-US$60 (RM250). CPI declined 0.2% in January 2021 to 122.1 as against 122.4 in the same month of the preceding year. […]
Read MoreCambodia is taking the lead in ASEAN regional adoption of the model for inclusive businesses by launching the Inclusive Business Landscape Study Report. The study was announced at the inaugural Inclusive Business Champions Meeting for Cambodia, which was held virtually under the direction of Cham Prasidh, Senior Minister, Minister of Industry, Science, Technology and Innovation. […]
Read MoreThailand’s elderly population is growing rapidly. The country is already considered an “ageing” society, meaning 10% of the population is aged 60 and over, and has been since 2005. It is transitioning to an “aged” society, with those aged 60 and over set to account for 20% of the population this year. Thailand’s trajectory sees […]
Read MoreMANILA, Philippines — The country’s group of exporters is seeking more financial support from the government to aid the export sector’s recovery from the pandemic-induced slowdown. “The stronger economic recovery in the third and fourth quarters this year is premised on the projected rebound in exports that should hasten the return of the Philippines back […]
Read MoreThis deep-water port is designed to become one of the world’s major ports in the future. Prime Minister Nguyen Xuan Phuc has agreed on the building of a free trade zone at Cai Mep International Terminal (CMIT) to pave the way for multinationals shifting their supply chains here – a move set to help the […]
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Thailand
