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Philippines: Slower Q3 growth predicted

MANILA, Philippines — The country likely posted positive economic growth in the third quarter although at a slower pace after emerging from the pandemic-induced recession in the second quarter, according to private economists. Security Bank chief economist Robert Dan Roces said the country’s gross domestic product (GDP) likely expanded by 10.4 percent in the third […]

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Thailand Pass glitches hinder reopening

The unstable Thailand Pass has caused inconvenience for tourists, while tourism operators urge the channel to seek help regarding registration. Ratchaporn Poolsawadee, president of the Tourism Association of Koh Samui, said since the Thailand Pass was activated as a replacement for the certificate of entry (COE) on Nov 1, the association has received a lot […]

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Nearly 500,000 Unemployed in Laos Amid Covid-19 Pandemic

The Ministry of Labor has reported that nearly 500,000 people remain unemployed across the nation this year, including those already in the country and migrant workers who have returned to Laos due to the Covid-19 pandemic. Laos has a total of 496,000 unemployed, with 439,082 local employees and 56,918 migrant workers returning from overseas, KPL reports. […]

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Vietnam: Reform hits the ceiling

The Prime Minister is taking a series of solutions to implement socio-economic recovery in 2022, including raising the GDP by 6 – 6.5% and maintaining the CPI at 4%, after the economy was seriously affected by Covid-19. Reporting to the National Assembly, Prime Minister Pham Minh Chinh affirmed that one of the solutions is to […]

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