MANILA, Philippines — The Philippines would be forced to spend more to fight the coronavirus pandemic, even if it does not want to, if the outbreak gets prolonged and an expected rebound for the economy next year does not materialize, a debt watcher said Tuesday. “The government’s record of macroeconomic management lends credibility to the […]
Read MoreSINGAPORE – Businesses on both sides of the Causeway welcomed the cross-border travel arrangements between Singapore and Malaysia, which would allow employers to travel for essential meetings and afford workers opportunities to see their families more often. The arrangement will address the pressing travel needs of both countries, the Singapore Business Federation and the Malaysia-Singapore Business Council […]
Read MorePublic debt is on the rise for Laos after a drop in revenue collection and an increase in loans amid the Covid-19 pandemic. According to a report in Xinhua, one government official has said that Laos’ public debt could rise to as much as 65 to 68 percent of GDP in 2020 following a steep decline […]
Read MoreBrunei Darussalam’s gross domestic product (GDP) is expected to grow at 1.6 per cent in 2020, according to a forecast by a macroeconomic surveillance organisation, Asean+3 Macroeconomic Research Office (AMRO). The only countries with expected positive growth are Brunei, Vietnam (3.1 per cent), China (2.3 per cent), Myanmar (1.1 per cent), and Laos (0.5 per […]
Read MoreFired up by the pandemic, the battle between online food ordering platforms is intensifying as operators seek more capital, expand services in provinces and gear up for cloud kitchen investment to stay afloat in the contentious market. Kasikorn Research Center (K-Research) says the winners in the segment could be seen in three years. Last year, […]
Read MoreThe first-ever ASEAN Online Sale Day (AOSD) was launched on Saturday at aseanonlinesaleday.com, gathering some 150 regional firms who offer goods and services at promotional prices. Initiated by Vietnam as Chair of ASEAN in 2020, the event marks the founding anniversary of the bloc (August 8) and aims to promote cross-border e-commerce within the grouping, […]
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Thailand
