Covid-19 is a catalyst that drives demand for digital infrastructure. Cisco forecasts that global internet traffic in 2021 tripled that of 2016 and reached 3.3 zettabytes, of which traffic to online video (including Nextflix and YouTube) accounted for 82%. People used more data than ever before for livestream, movies or online meetings. The number of […]
Read MoreLast year’s Covid-19 outbreaks caused Thai fuel consumption to decline by 3.5% to an average of 133 million litres a day, down from 138 million litres a day in 2020, according to the Department of Energy Business. All types of fuel used in the transport sector saw lower consumption following road and air travel restrictions, […]
Read MoreMANILA, Philippines — Local factories face a tough road ahead as it looks to pave a clearer path to recovery from the aftermath of Typhoon “Odette” and the Omicron variant surge, both of which stalled production in January. British information provider IHS Markit reported the Philippines’ purchasing managers’ index (PMI), a measure of manufacturing output, […]
Read MoreCambodia can regain its sustained economic growth by increasing productivity among firms and workers, diversifying exports, and taking steps to boost domestic investment, the World Bank said in the Cambodia Economic Memorandum. Cambodia’s growth rate, which averaged a robust 7.7 percent between 1995 and 2019, plunged an estimated 10.1 percentage points to contract by 3.1 […]
Read MoreThe Thai economy is likely to start recovering in the first half of this year thanks to the government’s better control of Covid-19 infections, the state’s economic stimulus measures as well as accelerated infrastructure development, says Deputy Prime Minister Supattanapong Punmeechaow. According to Mr Supattanapong, the resumption of the Test & Go tourism scheme on […]
Read MoreTHE growth of the country’s manufacturing sector stalled in January as the repercussions of Typhoon “Odette” and the surge of Covid-19 cases affected output and new orders, results of the latest IHS Markit survey showed. Survey results released on Wednesday showed that the purchasing managers index (PMI) fell from 51.8 in December to 50 in […]
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