The coronavirus disease 2019 (Covid-19) pandemic is endangering progress made in reducing poverty and inequality here and abroad. Former Social Security System president Corazon de la Paz-Bernardo, citing a report from the World Economic Forum (WEF), said the immediate human and economic cost of Covid-19 is severe. “It threatens to scale back years of progress […]
Read MoreKUALA LUMPUR: RAM Ratings has raised its full-year inflation projection for 2021 to 3% from 2.3% previously due to higher Brent crude prices. The ratings agency said in statement it had raised its price estimate on Brent crude to US$60 a barrel from US$45-50 a barrel this year. “Oil prices have been stronger than expected […]
Read MoreThe central bank would continue to monitor the economic performance to adjust monetary policy accordingly, with the aim of keeping the inflation rate around 4% for this year. Vietnam’s credit growth as of April 16 reached 3.34% against late 2020 and a surge of over 15% compared to the same period of last year. The […]
Read MoreVientiane (VNA) – Lao Prime Minister Phankham Viphavanh has ordered a lockdown on the capital of Vientiane since 6am on April 22 in the wake of increasing COVID-19 cases. The lockdown will be in place until May 6. Travel from Vientiane to other provinces and from other provinces to the capital is prohibited, except for permanent residents of the capital who […]
Read MoreSINGAPORE – Governments across Asia have pledged ambitious carbon neutrality plans backed by massive stimulus to push for green and sustainable industries. And for good reason, as the stakes are high. Asia has 15 of the world’s 20 most vulnerable cities and crop yields could fall by 7 per cent to 25 per cent over […]
Read MoreAs lockdowns strain businesses trying to operate under restrictions and fears of food insecurity loom, the Cambodia Logistics Association (CLA) is appealing for government intervention to help alleviate the strain on enterprises trying to get their goods to the marketplace. In a statement released on Tuesday evening and reviewed by Khmer Times, the CLA said that […]
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Thailand
