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Philippines: ‘Economy to shrink by 5%’

MANILA, Philippines — The Philippine economy is likely to contract by five percent this year due to the extent of lockdowns and the impact on tourism, said UK-based think tank Oxford Economics. In a new research brief titled “How COVID-19 impacts vary across ASEAN-5,” the economic research firm said the coronavirus pandemic delivers the largest […]

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Thailand: Foreigners to be allowed in

One thousand foreign visitors are expected to be allowed entry to Thailand per day and the standard 14-day Covid-19 quarantine rule will be waived, according to an implementation plan for “travel bubbles” to be submitted for the Centre for Covid-19 Situation Administration (CCSA)’s approval on Wednesday. These visitors, who in the beginning will be mostly […]

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