A survey published by the Asian Development Bank (ADB) which gauged COVID-19’s effects on household cash revealed that 35 percent of Cambodian participants suffered a 26 to 50 percent decrease in their income, affecting their spending power. The survey was conducted from May to July last year and used phone interviews to query residents of […]
Read MoreWITH vaccines on the horizon and the first green shoots of economic recovery already starting to show across Asia, Indonesia’s future is looking brighter than it has for months, but if we must be proactive if we are to make the most of the opportunities that are appearing to return to sustainable growth. Indonesia has […]
Read MoreMANILA, Philippines — Monetary authorities are likely to maintain interest rates at record lows as the economy has yet to recover from the impact of the COVID-19 pandemic, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In his weekly online press briefing, Diokno said the withdrawal of liquidity-enhancing policy measures is unlikely this […]
Read MoreCambodia and Thailand agreed to reopen three regional border checkpoints in Battambang province on March 23 to facilitate trade. Battambang Provincial Administration deputy governor Soeum Bunrith told The Post the following day that goods began to flow across the checkpoints on the same day of the agreement. He identified the crossings as O’Anlok in Kamrieng […]
Read MoreKUALA LUMPUR: Malaysia’s near-term economic prospects remain upbeat as the country’s Leading Index (LI) increased by 8.2%, underpinned by healthcare and transportation, and as more people get vaccinated. The Statistics Department said the LI, which is a predictive tool used to anticipate economic upturns and downturns in average of four to six months ahead, increased […]
Read MoreThe Bank of Thailand on Wednesday slashed its economic growth forecast this year to 3% from 3.2% made in December, given the impact of the second wave of Covid-19 infections and tepid tourism. Titanun Mallikamas, secretary of the central bank’s Monetary Policy Committee (MPC), said the second wave of infections that emerged in December resulted […]
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