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Fitch unit sees slowdown in Philippines infrastructure growth

MANILA, Philippines — Lower disbursements and budget due to the coronavirus disease 2019 or COVID-19 pandemic may dent the growth prospects of the country’s infrastructure sector this year, according to Fitch Solutions Country Risk & Industry Research. In a report, the research arm of the Fitch Group said the country’s infrastructure sector may grow by […]

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Thailand: Ministry cuts oil price, continues gas subsidy

The Energy Ministry has cut the ex-refinery oil price by 0.5 baht and will continue to subsidise gas purchases as part of its ongoing measures to provide relief to an economy battered by Covid-19. The Energy Policy Administrative Committee (Epac) approved today the price cut in response to a call from a non-governmental organisation, Green […]

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