phil02
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Philippines: Lockdowns to impede recovery in H1

MANILA, Philippines — The reimposition of stricter mobility restrictions in the National Capital Region and adjacent provinces or NCR Plus amid the resurgence of COVID-19 infections is seen dragging the economy in the first half of the year, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said during a virtual press briefing […]

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Vietnam: Consumer finance market anticipated to continue facing difficulties after recovery

The consumer finance market in the year ahead is predicted to struggle making any significant breakthroughs, despite lending interest rates witnessing a downward trend, according to experts. Last year saw the novel coronavirus (COVID-19) pandemic negatively impact the world’s economy and international trade, with interruptions in the global supply chain causing a slowdown to all […]

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Malaysia: Business Conditions Index up on economic recovery

KUALA LUMPUR: Malaysia’s Business Conditions Index (BCI) increased by 28.8 points year-on-year (y-o-y) to 111.8 points in the first quarter (Q1) ended March 2021, indicating that manufacturers had regained their confidence since the outbreak of the Covid-19 in Q1 2020. The Malaysian Institute of Economic Research (Mier) said the expansionary mode was also partly driven […]

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Thailand: Media spending rally under threat

The fresh wave of the pandemic is threatening the recovery of Thailand’s media spending this year, possibly reducing projected double-digit growth to flat growth in the worst-case scenario and a 4% increase in the best case, says Media Intelligence (MI), a media planning and creative agency. “In April we witnessed about 50% of customers postponing […]

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