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Thai Industries sentiment picks up as virus curbs ease

Thai manufacturers’ outlook picked up for the first time in three months in February after restrictions to contain a recent coronavirus outbreak were eased, the Federation of Thai Industries said on Thursday. The FTI’s Thai industries sentiment index rose to 85.1 last month after hitting a six-month low of 83.5 in January, it said. “The […]

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Philippines: Budget deficit hits P14.1 billion in January

MANILA, Philippines — The national government continued to incur a budget shortfall in January as spending outpaced revenue collections amid the COVID-19 crisis. The budget deficit reached P14.1 billion during the month, reversing the P23-billion surplus in the same month last year, according to the latest cash operations report of the Bureau of the Treasury […]

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