logo
Read More

World Bank puts Thai growth at 3.9%

Thailand’s economy is projected to expand 3.9% in 2023 from 2.6% last year because of stronger demand from China, Europe and the US, private consumption growth and a recovery in tourism, says the World Bank in its semi-annual Thailand Economic Monitor. Growth is expected to moderate to 3.6% next year and 3.4% in 2025, with tourism […]

Read More
phil03
Read More

Philippines – Impact on growth: Economic managers to probe state agencies’ underspending

MANILA, Philippines — The government will closely monitor various state agencies that have been underspending their allocation as slow disbursements could impact economic growth this year. Finance Secretary Benjamin Diokno said the economic team would look at every department that has been slow in utilizing their budget. “This is some kind of discouraging because we […]

Read More