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Philippines: Inflation seen rising this year

MANILA, Philippines — Economists of private banks have raised their inflation forecasts for 2021 as the  economy gradually reopens, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP). Zeno Ronald Abenoja, senior director of the BSP’s Department of Economic Research (DER), said that private sector economists  expect a higher inflation   of 2.9 […]

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Thailand: TAT urges Q2 global campaign to offset loss

Thailand should accelerate promotional campaigns targeting inbound visitors globally by the second quarter to offset the opportunity loss of 138 billion baht in the first three months, says the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said the agency set a target of 1.2 trillion baht in tourism revenue this year, with the […]

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