The government expects a budget deficit of $86.7 billion, or 3.7% of the GDP, in the next five-year period. The government is expected to keep public debt at the maximum of 60% of the GDP, lower than the 65% ratio recorded in the 2016-2020 period, while government and foreign debts should not exceed 50% and […]
Read MorePursuing green growth will help Vietnam find new driving forces for sustainable development and enhance resilience against external shocks. Digitalization and its transformation into a green economy are top priorities for Vietnam to gain higher labor productivity in the future. The combination of these two factors would help boost the country’s productivity by one to […]
Read MoreThe Samui Plus scheme is anticipating soft demand due to a surge in daily cases and delays in the Certificate of Entry (COE) registration process, while travel agents want to see clear regulations before launching marketing plans. Ratchaporn Poolsawadee, president of the Tourism Association of Koh Samui, said the programme needs one to two months […]
Read MoreMANILA, Philippines — As pandemic restrictions ease, an old enemy of the Philippine economy is threatening to return and disrupt recovery: the current account deficit. Dollars have been flowing out of the economy since curbs were relaxed as imports recover. In turn, the exodus of foreign funds has already reversed the Philippines current account position, […]
Read MoreSINGAPORE – Rents for private apartments were unchanged in June, while those for Housing Board flats edged up by 1 per cent from the previous month, according to flash data from real estate portal SRX released on Wednesday (July 14). Rental volumes for both condominium units and HDB flats rose for a third consecutive month in June, […]
Read MoreThe baht opened at 32.66 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.60. The Thai currency is likely to move between 32.60 and 32.75 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said foreign investors decided to sell their assets in Thailand due to uncertainty caused by […]
Read More
Thailand
