The percentage of Thais living in poverty has fallen dramatically over the past three decades, from over 65% in 1988 to under 10% in 2018. However, that trend has reversed in recent years with stalled household incomes and consumption bringing a rise in poverty, according to a new World Bank report. Between 2015 and 2018, the […]
Read MoreThe Hanoitimes – Fitch Solutions has revised its forecast for Vietnam to record a fiscal deficit of 3.8% of GDP (excluding debt principal repayments) in 2020, versus 3.4% previously. Vietnamese government’s announced stimulus package to help businesses cope with the Covid-19 epidemic and support growth, will see 2020 record a larger deficit versus the government’s prior […]
Read MoreThe government is preparing derivative regulations that will support the implementation of the omnibus bill on job creation once the bill is passed into law, a senior minister has said. Coordinating Economic Affairs Minister Airlangga Hartarto said on Thursday that the regulations would consist of 36 government regulations and seven presidential decrees. He said discussions on the […]
Read MoreAbout 16.1 million people in Cambodia have subscribed to the Internet by 2019, up 20 percent compared to the year before, a spokesman for the Telecommunication Regulator of Cambodia (TRC) said here on Thursday. Some 15.88 million people subscribed to mobile Internet service, and 228,123 used fixed Internet service, TRC’s spokesman Im Vutha said, adding […]
Read MoreGives BSP room to cut rates aggressively MANILA, Philippines — Growth in consumer prices decelerated in February on slower growth in the cost of transport, alcoholic beverages and tobacco, as well as housing and utilities, the Philippine Statistics Authority (PSA) said yesterday. The headline inflation rate fell to 2.6 percent in February from 2.9 percent […]
Read MoreKUALA LUMPUR: Staple producers are broadly expected to outperform retailers in the coming year as consumer spending is kept afloat, especially among the lower-income group. Affin Hwang Capital research said it forecast sector 2020 core earnings per share growth of 4% year-on-year, mainly driven by large-cap staples. “Post-revision, we project overall sector EPS to recover […]
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Thailand
