Dozens of industrial zone projects in 13 cities and provinces covering have been approved in the first quarter, promising thousands of hectares of new space for investors over the coming years. The northern province of Bac Ninh has the most new industrial zone (IZ) projects this year, with a total of five new projects. Of these, […]
Read MoreThailand’s benchmark SET Index of stocks dropped as much as 1.4% as Prime Minister Prayut Chan-o-cha said he’s concerned about a new wave of Covid-19 infections sweeping the nation’s capital and hinted at fresh control measures to stem the outbreak that’s already forced the closure of dozens of nightlife entertainment venues. Gen Prayut chose to […]
Read MoreJakarta. The International Monetary Fund (IMF) has revised on Tuesday its 2021 global economic growth projection upward as a boost from the United States giant fiscal stimulus would propel the global economy while emerging countries like Indonesia underperform. The IMF World Economic Outlook projected the global economy would recover from its 3.3 percent contraction last year to expand by 6 […]
Read MoreSINGAPORE (REUTERS) – Singapore’s economy is expected to shrink only slightly in the first quarter of this year as activity continues to recover from a pandemic-induced shock, a Reuters poll showed, with the central bank expected to stay pat at its policy review next week. Gross domestic product (GDP) is expected to contract 0.2 per […]
Read MoreKUALA LUMPUR: The International Monetary Fund (IMF) maintains its forecast on Malaysia’s gross domestic product (GDP) growth this year at 6.5 per cent, according to its latest World Economic Outlook (WEO) report published today. Themed “Managing Divergent Recoveries”, the report also stated that the country’s economy is expected to grow at 6.0 per cent in […]
Read MoreMANILA, Philippines — Inflation unexpectedly eased in March, halting five straight months on the upswing, as prices of most food items – except meat – slowed down, but pressure remains as the rate is still above the government’s target band for the year. Headline inflation the rate of increase in the consumer price index went […]
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