MANILA, Philippines — The Philippine economy grew beyond the government’s expectations last year, with growth in the fourth quarter surprising on the upside despite the onslaught of Typhoon “Odette” and a prolonged pandemic. Gross domestic product, the sum of all products and services created in an economy, grew 5.6% year-on-year in 2021, a dramatic turnaround from […]
Read More[SINGAPORE] The number of reported job scams during the Covid-19 pandemic has skyrocketed, warned the police, as more people are lured by the convenience of easy jobs promising high commissions. The revelation comes even as people are still reeling from the shock of at least S$8.5 million that nearly 470 OCBC Bank customers lost last […]
Read MoreDigital payments have gained substantial traction in Indonesia. It is now extensively used by more than half of its population. The country has become a leader in adopting digital payments at the national level. According to a recent survey, Indonesia’s e-commerce sector is expecting 50% year-on-year growth, with its value set to reach US$35 billion in […]
Read MoreMANILA, Philippines — Foreign investors hesitate to locate their new and expansion projects in the Philippines as they find the country’s cost of doing business too expensive and ownership rules too restrictive. In a report, investment promotion agencies (IPAs) said the pandemic, cost of doing business, as well as foreign ownership limits, prevent firms abroad […]
Read MoreCountries are rushing to expand catfish farming, raising the total global catfish output to over 3 million tons. Meanwhile, Vietnam’s exports to China are sliding. Vietnam exported $1.54 billion worth of catfish in 2021, a slight increase over 2020, cementing its position as the top catfish exporter in the world. The US market consumed 22 […]
Read MoreSingapore will be investing $9.2 billion to support green investment and build a logistics port hub in Indonesia, President Joko “Jokowi” Widodo said on January 25. The money, he said, will fund renewable energy projects in Batam, Riau Islands province, and in Sumba island and West Manggarai in East Nusa Tenggara province, as well as […]
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Thailand
