The country still remains among the fastest-growing economies in East Asia and the Pacific, according to WB. Vietnam’s GDP growth forecast in 2021 has been revised down to 4.8% from the previous estimation of 6.6% due to economic pains associated with the current Covid-19 outbreak, but the country still remains among the fastest-growing economies in East […]
Read MoreSINGAPORE’S population shrank 4.1 per cent between June 2020 and June 2021 to 5.45 million, largely due to the drop in non-residents during the Covid-19 pandemic, according to the annual Population in Brief 2021 report on Tuesday. This is the first time there has been a year-on-year decrease in both the citizen and resident populations since these […]
Read MoreKUALA LUMPUR, Sept 28 — The ringgit ended marginally higher against the US dollar today on improved market sentiment amid rising oil prices. At 6pm, the local note rose to 4.1835/1855 against the greenback from yesterday’s closing of 4.1865/1885. OANDA Asia Pacific senior market analyst Jeffrey Halley said the ringgit received increasing support from the […]
Read MoreMANILA, Philippines — More Filipinos would remain trapped in poverty in the Philippines in 2023 if the government won’t mix policies addressing widening inequality in its pandemic exit strategy, the World Bank said Tuesday. The grim outlook means poverty reduction in the country would be slower by 2.1 points in 2023 if recovery would only […]
Read MoreThe tripartite meetings to decide the 2022 garment factory minimum wage will resume today amid stalemated negotiations. Unions have warned of demonstrations if the talks do not result in a resolution. Labour Ministry Committee for the Resolution of Strikes secretary general Tes Rukhaphal told Khmer Times yesterday that staging street protests during the Covid-19 pandemic will not […]
Read MoreThe local automobile industry would continue to face severe impacts from the Covid-19 pandemic as demands for cars are expected to stay low for the foreseeable future. The Ministry of Finance (MoF) has proposed an excise tax payment deferral for domestically-produced cars until the end of 2021. The move is seen as another effort from […]
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Thailand
