MANILA, Philippines — The value of the country’s digital economy rose eight percent in 2021 from a year ago as digital adoption continued amid the pandemic. Data from the Philippine Statistics Authority (PSA) showed the Philippine digital economy’s value reached P1.87 trillion last year, higher than the P1.73 trillion in 2020. The PSA said the […]
Read MoreThe Kingdom of Cambodia continues on its high growth path in the post-Covid pandemic scenario and is set to report robust growth this year as well as the next few years, according to the International Monetary Fund (IMF). According to the IMF projections, Cambodia will grow at 5.1 percent in 2022, 6.2 percent in 2023, […]
Read MoreThe government has defended a bill to allow foreigners categorised under four specific groups to apply for permission to buy up to 1 rai of land on the condition they invest at least 40 million baht each for at least three years. The bill is simply an amendment to the ministerial regulation that has been in […]
Read MoreSINGAPORE: The economy continues to thrive following the hit from Covid-19, but growing uncertainty globally has prompted employers to keep a lid on wages despite their need for workers in a tight labour market. The Manpower Ministry (MOM) released preliminary third-quarter labour data on Friday that showed 69.3% of firms were looking to hire in […]
Read MoreTechnology-based startups are increasingly becoming a vital part of the business landscape across the globe. By applying technologies to create new products and services, resolve existing issues, these startups can make a significant contribution to economic development while at the same time generating social and environmental benefits. But to survive and thrive, technology startups require […]
Read MoreSINGAPORE’s core inflation rose further to 5.3 per cent in September but headline inflation held steady at 7.5 per cent, according to Department of Statistics consumer price index (CPI) data on Tuesday (Oct 25). Both readings were in line with economists’ expectations. The pickup in core inflation was due to larger price increases for items […]
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Thailand
