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Thailand remains 43rd in IMD ranking

Thailand remained 43rd out of 63 economies in the talent competitiveness ranking by the Institute for Management Development (IMD), pressured by a decline in public expenditure on education and labour force growth. The pandemic weakened countries that base their overall competitiveness on the talent economy as a large part of this is attracting talent from […]

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Malaysia: 2021 recovery on the cards

PETALING JAYA: Leading economic indicators in Malaysia have shown that the economy has passed its trough as the country heads towards a modest recovery with 2020 drawing to a close. Positive distributive trade figures, easing unemployment rates and growing retail sales were suggesting an economic recovery in 2021, alongside the expansionary Budget 2021 which has drawn optimism […]

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Philippines: BSP remains unfazed by surge in bad loans

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is not alarmed by the steady rise in banks’ bad loans, saying the local banking industry is well prepared for the rise in soured debts amid the coronavirus pandemic. In an interview on ABS-CBN News Channel, BSP Governor Benjamin Diokno said the regulator already anticipated that the […]

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Vietnam: Enterprises need to be pro-active during the pandemic

Nguyen Bich Lam, former director general of the General Statistics of Vietnam, talks on what Vietnamese enterprises need to do to maintain their business production during the COVID-19 pandemic. What are the impacts of the current COVID-19 on the international economy? The COVID-19 has caused heavy negative impacts on the international economy and Vietnamese enterprises. The […]

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Cambodia: Journey to circular economy model is ‘well under way’

Momentum towards embracing the circular economy concept is gaining in the Kingdom. Circular economies promote the use of sustainable materials and clean, renewable energy such as solar and wind, improving efficiency for production, adopting sustainable consumption practices and practising the efficient recycling of materials as well as energy recovery. The government is currently preparing policy […]

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