MANILA, Philippines — The World Bank slashed anew its growth forecast for the Philippines, as emerging signs of recovery seen in previous months dissipate in the face of fresh coronavirus lockdowns. From its old forecast of 5.5% in March, the Washington-based lender now projects the economy to grow 4.7% this year based on the revised […]
Read MoreKUALA LUMPUR, June 8 — The Ministry of Finance (MoF), under the recently launched MyDigital, will ensure that payments for all government services will be made on cashless basis by 2022, its Minister, Datuk Seri Tengku Zafrul Abdul Aziz said. He said this will lead to higher transactional security, better coordination, enhanced communication on anti-corruption initiatives, […]
Read MoreA total of 76,698 domestic visitors toured the country, especially ecotourism areas, during first weekend of this month, according to Thong Khon, Cambodian Minister of Tourism. The figure shows a remarkable increase of 7.19 percent compared to the previous week, but a decline of 49.88 percent compared to the same period of 2020. Of the […]
Read MoreSINGAPORE – The private resale housing market saw prices in May inch up 0.9 per cent to a new high, even while the number of condominium units resold dipped by 11.4 per cent as tightened Covid-19 measures restrict property viewings. The limit on group sizes, which is in place till June 13, has put a slight […]
Read MoreMANILA, Philippines — Dutch financial giant ING expects inflation to decelerate starting this month and return to within the two to four percent target set by the Bangko Sentral ng Pilipinas (BSP) as early as next month as supply conditions ease. ING Bank Manila senior economist Nicholas Mapa said inflation may ease in the coming […]
Read MoreThe Investor Confidence Index (ICI) for stocks in the next three months rose by 1.6% from the previous month and remains in the bullish zone as investors expect the Covid-19 vaccination programme to ease the pandemic situation. The upcoming nationwide vaccination drive is the main factor amping up investor sentiment, followed by anticipation of local […]
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Thailand
