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Philippines: Growth to resume only by 2022

MANILA, Philippines — Growth will likely return to its pre-pandemic trajectory by the middle of 2022 when the economy has fully adapted to interventions and precautions implemented in line with its reopening, according to acting Socioeconomic Planning Secretary Karl Chua. Speaking during the BusinessWorld Virtual Economic Forum yesterday, Chua said while there would certainly be […]

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Vietnam’s solar M&A set to heat up

The Hanoitimes – Vietnam has officially overtaken Thailand to rank the largest solar market in Southeast Asia. As the largest solar market in Southeast Asia for installed solar operational capacity, Vietnam is expected to see bustling mergers & acquisitons (M&A) in the solar power sector in the coming months. With more than 6,314 megawatts (MW) installed […]

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Thailand: Digital transformation is long term

Companies should continue with their digital transformation journeys to avoid disruption, say executives from top tech companies at the Bangkok Post International Forum 2020. PANDEMIC-DRIVEN TRANSITION Jack Zhang, chief executive of Lazada Thailand, said his business boomed during the lockdowns when brick-and-mortar businesses closed and more people bought items online. “We believe in the long […]

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Philippines global financial inclusion ranking slips further

MANILA, Philippines — The global financial inclusion ranking of the Philippines slipped further this year despite improvements spurred by the government’s need to promote digital channels as part of its response to the COVID-19 pandemic. Based on the 2020 Global Microscope of the Economist Intelligence Unit (EIU), overall ranking of the Philippines dropped to eighth […]

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