logo
Read More

Some at Bank of Thailand pushed for rate cut – minutes

Two members of Thailand’s monetary policy committee who pushed unsuccessfully for a rate cut earlier this month argued preemptive action was needed because of the risks of an economic slowdown in the period ahead, minutes of the meeting showed. The biggest Covid-19 outbreak to date, which prompted stricter containments measures to areas accounting for about […]

Read More
phil02
Read More

Philippines – Diokno: Recovery remains fragile

MANILA, Philippines — The country’s recovery remains fragile despite emerging from the pandemic-induced recession in the second quarter with a gross domestic product (GDP) growth of 11.8 percent, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. “While the economy has turned the corner, the recovery remains fragile,” Diokno said in an interview with […]

Read More
cam05
Read More

Cambodia: Economic growth projected at 4.8 percent in 2022: Deputy PM

Cambodia’s economic growth is projected to see robust growth next year because of economic recovery resulting from the government’s Covid-19 vaccination programmme. The growth projection was made by Aun Pornmoniroth, deputy prime minister and minister of economy and finance during a parliamentary workshop on building a macroeconomic policy framework and the allocation of public finances […]

Read More