Blistering crop-withering temperatures that also risk the health of agricultural workers could threaten swathes of global food production by 2045 as the world warms, an industry analysis warned Thursday. Climate change is already stoking heatwaves and other extreme weather events across the world, with hot spells from India to Europe this year expected to hit […]
Read MoreMANILA, Philippines — The decision of Moody’s Investors Service to maintain the Philippines’ investment grade Baa2 rating and stable outlook reflects the sustained economic recovery amid increased external headwinds, according to economic managers. Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said the affirmation of the country’s rating would support the sustained recovery of the […]
Read MoreThailand’s economy shows sign of recovery, following a dip in unemployment to its lowest level since the start of Covid-19 pandemic. Deputy government spokeswoman Traisuree Taisaranakul said on Saturday the number of people unemployed in July had fallen once again and set another marker in the country’s recovery from both the Covid-19 pandemic and an economic slump. […]
Read MoreExperts have given many noteworthy recommendations for Vietnam’s economy, with emphasis on the need to ensure the stability of the dong/dollar exchange rate. At a conference held early this week, Vietnamese and foreign experts recognized Vietnam’s great efforts in socio-economic recovery and development. Vice Rector of the National Economics University Hoang Van Cuong said the […]
Read More(Bloomberg) — Singapore home sales fell 48% in August to the lowest in more than two years as a lack of supply kept buyers at bay. Purchases of new private apartments dropped to 437 units last month from 834 in July, Urban Redevelopment Authority figures showed Thursday. That was the fewest since April 2020, when […]
Read MoreCOMPANIES with strong pricing power will have much to gain from the inflationary environment as these players tend to have more stable profit margins when dealing with cost pressures. Singapore and Indonesia are believed to be among the biggest winners in the region, as RHB in its report on Thursday (Sep 15) forecast 3.2 per […]
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